Paul Hastings Advises Banks on Financing Mattress Firm’s Purchase of The Sleep Train

October 20, 2014

New York, NY- Paul Hastings LLP, a leading global law firm, represented the banks in financing the acquisition of The Sleep Train, Inc. and its subsidiaries by Mattress Firm, a leading specialty retailer of mattresses and related products and accessories in the United States with over 1,500 stores in over 36 states.

Paul Hastings LLP represented Barclays Bank PLC as administrative agent and Barclays Bank PLC and other banks as joint lead arrangers and joint bookrunners in connection with a $720 million term loan credit facility and a $125 million asset-based revolving credit facility for Mattress Firm.

Leveraged Finance partner John Cobb led the Paul Hastings team, which also included Finance partner Peter Burke, of counsel Sanjay Thapar, and associates Christopher Ross, Mitchell Zuckerman, Andrew Jenkinson and Steven Jean.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.