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Prospect News home > News index > List of issuers H > Headlines for Houghton Mifflin Harcourt Co. > News item
Published on 4/5/2021 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

Fitch puts Houghton Mifflin on positive watch

Fitch Ratings said it placed the long-term issuer default ratings of Houghton Mifflin Harcourt Co. (Holdings) and subsidiaries, Houghton Mifflin Harcourt Publishers, Inc. (Houghton Mifflin or HMHC), Houghton Mifflin Harcourt Publishers Co. and HMH Publishers LLC on Rating Watch positive following the announcement of the divestiture of the company's Books & Media segment.

In addition, Fitch said it placed Houghton Mifflin's first-lien term loan and first-lien secured notes ratings on positive watch.

Fitch does not rate Houghton Mifflin's asset-backed lending facility.


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