SOMNIGROUP INTERNATIONAL INC. 8K

Somnigroup International Inc. amended its senior credit facility to extend revolver maturity, materially upsize revolving and Term A loan commitments, and increase letter of credit and swingline capacities while reaffirming existing guarantees and collateral.

On July 27, 2026, Somnigroup International Inc. (f/k/a Tempur Sealy International, Inc.) and its borrower subsidiaries entered into Amendment No. 5 to their October 10, 2023 Credit Agreement with Bank of America, N.A. as Administrative Agent and a syndicate of lenders, which (i) extends the maturity of all existing revolving commitments and associated loans to the fifth anniversary of the Amendment No. 5 effective date and updates the applicable pricing grid, (ii) increases aggregate revolving commitments by $510 million via new 2026 Incremental Revolving Commitments that form a single class with the existing revolver, (iii) refinances in full the existing Term A loans with a new $1,015,625,000 tranche of 2026 Refinancing Term A Loans and adds an additional $184,375,000 of 2026 Incremental Term A Loans (together treated as a single 2026 Term A class), (iv) raises the aggregate letter of credit commitment to $150 million and the swingline facility to $75 million, and (v) amends and restates certain provisions of the Credit Agreement and the related Guarantee and Collateral Agreement while reaffirming all guarantees and collateral and keeping all prior obligations and liens in place.

Filing Facts

CIK

1206264

Ticker

-

Form

8K

Source Type

sec

Accession

0001206264-26-000092

Alert Tier

7