Tempur Sealy Announces Close of $1.6 Billion Term Loan B Facility
TPXTempur Sealy(TPX) Prnewswire·2024-10-25 18:55

–  Expects to use Term Loan B proceeds to fund the expected acquisition of Mattress Firm–  Aligns availability period of Delayed Draw Term A Loan commitmentsLEXINGTON, Ky., Oct. 25, 2024 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX, "Company" or "Tempur Sealy") today announced that it has successfully closed on a senior secured Term Loan B facility in an aggregate principal amount of $1.6 billion (the "Term Loan B"). The Term Loan B will mature seven years after the date of closing. The Compa ...