Tempur Sealy Announces Proposed $1.6 Billion Term Loan B Facility
TPXTempur Sealy(TPX) Prnewswire·2024-09-23 18:51

– Expects to use proceeds to fund the proposed acquisition of Mattress Firm – Anticipates drawing on the loan concurrent with closing the proposed acquisition LEXINGTON, Ky., Sept. 23, 2024 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX, "Company" or "Tempur Sealy") today announced that it is launching a proposed senior secured Term Loan B facility in an aggregate principal amount of up to $1.6 billion (the "Term Loan B"). The Term Loan B will mature seven years after the date of closing. Tempu ...