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From Home Furnishing Business
Tempur Sealy to Sell $350M in Senior Notes
September 21,
2015 by in Bedding, Financial Reports, Industry, Product 
The company expects to use the net proceeds of the offering to repay a portion of the term loan debt outstanding under its senior secured credit facilities and pay related fees and expenses. The notes will be general unsecured senior obligations of Tempur Sealy and will be guaranteed on a senior unsecured basis by all of Tempur Sealy's existing and future domestic restricted subsidiaries that guarantee or are borrowers under its senior secured credit facilities.