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Published on 4/19/2016 in the Prospect News Bank Loan Daily and Prospect News Investment Grade Daily.

Fitch: McGraw Hill Financial unaffected

Fitch Ratings said that McGraw Hill Financial, Inc.'s BBB+ issuer default rating is not affected by its $1.1 billion sale of J.D. Power.

McGraw Hill Financial did not disclose any additional terms of the transaction. J.D. Power comprised about 6% of fiscal year 2015 total sales. The transaction is expected to close in the third quarter of 2016.


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