Daily News
From Home Furnishing Business
Tempur Sealy Ups Note Offering to $450M
September 23,
2015 by in Bedding, Financial Reports, Industry, Product 
The notes will be offered through a private placement with an interest rate of 5.625 percent.
The notes will be issued at face value and will mature Oct. 15, 2023. The offering is expected to close Thursday subject to customary closing conditions.
Proceeds of the offering will be used to repay a part of the company’s long-term debt.