# SOMNIGROUP INTERNATIONAL INC. (SGI) — capital_raise/private_placement [pending]
Source: SEC API (secapi.ai) · situation sit_11ae37470b4cbe2a96b9 · retrieved 2026-08-11T16:11:24.786Z

## Overview
Somnigroup International Inc. (formerly Tempur Sealy International, Inc.) is a household furniture manufacturer engaged in the design, manufacture and distribution of mattresses and related sleep products.

On July 27, 2026, Somnigroup International Inc. and its subsidiaries entered into Amendment No. 5 to their credit agreement with Bank of America as administrative agent. The amendment provides for a $1,200.0 million term loan A (comprising $1,015.625 million in refinancing loans and $184.375 million in incremental loans) and a $510.0 million incremental revolving commitment. The term loan A proceeds were used to refinance in full the existing Initial Term A Loans and 2024 Delayed Draw Term A Loans, with the incremental revolving commitment available for general corporate purposes. The maturity date of the term loan A was set to July 27, 2031, and the revolving credit facility maturity was extended to the same date. The company also prepaid $700.0 million of outstanding 2025 Refinancing Term B Loans. The amendment includes modifications in connection with the company's anticipated acquisition of Leggett & Platt, Incorporated.

## Terms
- Counterparty: Bank of America, N.A. and syndicate of lenders · Deal value: $1.20B

## Key dates
- Announced 2026-07-27

## Timeline
- 2026-07-27 · 8-K (0001206264-26-000092): 8-K - SOMNIGROUP INTERNATIONAL INC. — *Somnigroup International Inc. (formerly Tempur Sealy International, Inc.) is a household furniture manufacturer engaged in the design, manufacture and distribution of mattresses and related sleep products.* On July 27, 2026, Somnigroup International Inc. and its subsidiaries entered into Amendment No. 5 to their credit agreement with Bank of America as administrative agent. The amendment provides for a $1,200.0 million term loan A (comprising $1,015.625 million in refinancing loans and $184.375 million in incremental loans) and a $510.0 million incremental revolving commitment. The term loan A proceeds were used to refinance in full the existing Initial Term A Loans and 2024 Delayed Draw Term A Loans, with the incremental revolving commitment available for general corporate purposes. The maturity date of the term loan A was set to July 27, 2031, and the revolving credit facility maturity was extended to the same date. The company also prepaid $700.0 million of outstanding 2025 Refinancing Term B Loans. The amendment includes modifications in connection with the company's anticipated acquisition of Leggett & Platt, Incorporated.
  https://www.sec.gov/Archives/edgar/data/1206264/0001206264-26-000092.txt

## Citations
- 0001206264-26-000092 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000120626426000092