Financing ·
Somnigroup International Inc. entered into Amendment No. 5 to its 2023 Credit Agreement on July 27, 2026, providing a…
SGISomnigroup International Inc.
Somnigroup International Inc. entered into Amendment No. 5 to its 2023 Credit Agreement on July 27, 2026, providing a $1.2 billion Term A Loan and an incremental $510 million revolving commitment, bringing the total revolving credit facility to $1.7 billion. The company used the proceeds to refinance in full the Initial Term A Loans and prepaid $700 million of its 2025 Refinancing Term B Loans, reducing expected annual interest expense by approximately $5 million. Somnigroup International Inc. is a bedding company that provides sleep solutions through brands like Tempur-Pedic and Mattress Firm.