Tempur Sealy's ratings confirmed, outlook steady; senior notes lowered to 'BB-' at S&P Global
Tempur's $1.6 billion senior secured term loan B was also assigned a 'BBB-' issue-level rating. The recovery rating is '1', indicating a very high recovery expectation of 90%-100%. Both tranches of ...
Retail Dive12h
Tempur Sealy closes $5B Mattress Firm takeover, plans rebrand to ‘Somnigroup’
A federal court in January denied antitrust regulators’ latest move against the deal, which creates a conglomerate of three ...
Sourcing Journal on MSN14h
Temper Sealy Garners FTC Nod on $5 Billion Mattress Firm Deal
Mattress Firm will operate under the Somnigroup International umbrella, the new name for the combined Tempur Sealy and ...
GlobalData on MSN18h
Tempur Sealy completes acquisition of Mattress Firm for $5bn
Tempur Sealy initially agreed to acquire Mattress Firm in a deal worth $4bn in 2023. But in 2024 the US Federal Trade Commission voted unanimously to block the deal, citing concer ...