---
schema_version: "secwatch.filing_event.v1"
accession: "0001206264-25-000151"
form_type: "8-K"
ticker: "SGI"
cik: "0001206264"
company_name: "SOMNIGROUP INTERNATIONAL INC."
filed_at: "2025-06-24T23:59:59+00:00"
generated_at: "2026-05-18T21:58:37.704914+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Somnigroup reprices $1.496B term loans, margin cut by 25bp; prepays $100M

## Summary
- Amendment No. 4 reduces applicable margin on Term B Loans by 0.25% to Term SOFR+2.25% (with 0.25% further reduction based on leverage).
- Company prepaid $100M of existing Term B Loans with a revolver borrowing.
- New 2025 Refinancing Term B Loans of $1.496B refinance all existing 2024 Term B Loans due October 2031.
- Repriced loans subject to prepayment premium for certain repricing transactions within six months.

## SEC filing metadata
- accession: 0001206264-25-000151
- form_type: 8-K
- ticker: SGI
- cik: 0001206264
- company_name: SOMNIGROUP INTERNATIONAL INC.
- filed_at: 2025-06-24T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1206264/000120626425000151/0001206264-25-000151-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1206264/000120626425000151/sgi-20250624.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001206264-25-000151
- JSON: https://secwatch.observer/filing/0001206264-25-000151.json
- Plain text: https://secwatch.observer/filing/0001206264-25-000151.txt

## Key facts
- Debt Financings
  SOMNIGROUP INTERNATIONAL INC. amended term loan of $100.0 million of the outstanding Term B Loans prepaid with Bank of America, N.A. at applicable margin reduced by 0.25% to: (i) base rate plus 1.25%, (ii) Term Bench maturing October 2031.
  - Instrument: term loan
  - Principal: $100.0 million of the outstanding Term B Loans prepaid
  - Counterparty: Bank of America, N.A.
  - Rate: applicable margin reduced by 0.25% to: (i) base rate plus 1.25%, (ii) Term Bench
  - Maturity: October 2031
  - Event: amendment
  source text: subject, in each case, to an additional 0.25% rate reduction based on the Company's consolidated total leverage ratio. In connection with the repricing, the Company prepaid $100.0 million of the outstanding Term B Loans (including accrued and unpaid interest in respect thereof) with a borrowing under the revolving credit facility under the Credit Agreement. The
  evidence_url: https://www.sec.gov/Archives/edgar/data/1206264/000120626425000151/0001206264-25-000151-index.htm

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