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Somnigroup International Announces Refinancing of Credit Facilities
July 28,
2026 by Karen Parrish in Business Strategy, Industry 
Somnigroup International Inc. announced that it has successfully completed the amendment of its $2.9 billion senior secured credit facilities, which include a $1.7 billion revolver and a $1.2 billion term loan A.
The agreement amends and extends Somnigroup's existing credit facilities while providing an incremental $700 million of liquidity. The Company utilized the incremental $700 million to repay a portion of its term loan B outstanding, reducing expected annual interest expense by approximately $5 million.
Somnigroup Chairman and CEO Scott Thompson said, "We are pleased to complete the refinancing of our credit facilities, lowering our cost of capital, extending our debt maturities, and enhancing our financial flexibility. The transaction positions the company for future growth while optimizing our capital structure."
Thompson added, "We appreciate the strong support from our numerous lending partners from around the world that participated in this transaction. Their commitment reflects their confidence in our business, and long-term strategic objectives."
Additional details regarding the refinanced credit facilities are available in the Company's Current Report on Form 8-K filed today with the Securities and Exchange Commission.