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Scholastic Corp Unlocks Value Through Real Estate Sale-Leasebacks
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Scholastic Corp announced sale-leaseback deals expected to generate $401 million in net proceeds. The sale of their NYC HQ and Missouri facility will fund debt reduction and share repurchases. Long-term leases will ensure continued operations at both sites. These transactions align with their strategy to monetize non-operating assets and are expected to close by the end of 2025, enhancing balance sheet efficiency.
On December 2, 2025, Scholastic Corp announced sale-leaseback deals expected to generate $401 million in net proceeds.
Key Highlights:
- Sale of NYC HQ and Missouri facility to generate $401M net proceeds.
- Proceeds to be used for debt reduction and share repurchases.
- Long-term leases secured, ensuring continued operations at both sites.
- Transactions align with strategy to monetize non-operating assets.
- Expected to close by end of 2025, enhancing balance sheet efficiency.
Original SEC Filing: SCHOLASTIC CORP [ SCHL ] - 8-K - Dec. 02, 2025
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