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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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