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| MHP > SEC Filings for MHP > Form 8-K on 19-Aug-2009 | All Recent SEC Filings |
19-Aug-2009
Other Events, Financial Statements and Exhibits
On August 14, 2009, The McGraw-Hill Companies, Inc. (the "Company") entered into a $433,333,333.34 364-Day Credit Agreement, dated as of August 14, 2009 (the "Credit Agreement"), among the Company, Standard & Poor's Financial Services LLC ("S&P"), a wholly-owned subsidiary of the Company, as guarantor, the lenders listed therein, JPMorgan Chase Bank N.A., as administrative agent and Bank of America, N.A., as syndication agent. The Credit Agreement replaces the Company's existing $383,333,333.34 364-Day Credit Agreement, dated as of September 12, 2008, as amended and supplemented.
The Credit Agreement provides for revolving borrowings, terminates on August 13, 2010, contains customary affirmative and negative covenants, and includes customary events of default. The occurrence of an event of default could result in an acceleration of the obligations under the Credit Agreement.
A copy of the Credit Agreement is attached hereto as Exhibit 10.1.
(d) Exhibits
Exhibit No. Description
10.1 364-Day Credit Agreement, dated as of August 14, 2009, among the
Company, S&P, the lenders listed therein, JPMorgan Chase Bank
N.A., as administrative agent and Bank of America, N.A., as
syndication agent
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