---
schema_version: "secwatch.filing_event.v1"
accession: "0001206264-24-000145"
form_type: "8-K"
ticker: "SGI"
cik: "0001206264"
company_name: "SOMNIGROUP INTERNATIONAL INC."
filed_at: "2024-10-04T23:59:59+00:00"
generated_at: "2026-05-30T19:49:42.085678+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Tempur Sealy prices $1.6B Term Loan B at SOFR+250 bps for Mattress Firm deal financing

## Summary
- Term Loan B priced at $1.6B aggregate principal, SOFR + 250 bps with OID of 99.5.
- Loan matures seven years after closing; proceeds to fund cash portion of Mattress Firm acquisition.
- Closing expected within weeks; funds will be held in escrow until acquisition closes.
- Tempur Sealy also plans to use cash and other debt to complete the transaction.

## SEC filing metadata
- accession: 0001206264-24-000145
- form_type: 8-K
- ticker: SGI
- cik: 0001206264
- company_name: SOMNIGROUP INTERNATIONAL INC.
- filed_at: 2024-10-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1206264/000120626424000145/0001206264-24-000145-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1206264/000120626424000145/tpx-20241004.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001206264-24-000145
- JSON: https://secwatch.observer/filing/0001206264-24-000145.json
- Plain text: https://secwatch.observer/filing/0001206264-24-000145.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.