Paul Hastings Advises UBS Investment Bank in Mattress Firm Secondary Offering

April 13, 2015

New York, NY - Paul Hastings LLP, a leading global law firm, announced today that the firm represented UBS Securities LLC as the sole underwriter in a secondary public offering of common stock by certain stockholders of Mattress Firm Holding Corp. (Nasdaq:MFRM), the nation's leading bedding retailer.

The selling stockholders included a member of Mattress Firm’s management and director affiliates, including funds associated with J.W. Childs Associates, L.P., and sold an aggregate of 1,505,000 shares of common stock for proceeds of approximately $100 million in the offering.

Corporate partner John Cobb led the Paul Hastings team, which also included Corporate partner Yariv Katz and associates Keith Gartner and Steven Jean.

Paul Hastings also represented Barclays as the sole underwriter in a secondary public offering of common stock by stockholders of Mattress Firm in December 2014 and, in October 2014, represented the banks, including Barclays Bank PLC, in financing Mattress Firm’s acquisition of The Sleep Train, Inc. and its subsidiaries, which included a $720 million term loan credit facility and a $125 million asset-based revolving credit facility.

Paul Hastings is a leading global law firm with a strong presence throughout Asia, Europe, Latin America, and the United States. Through a collaborative approach, entrepreneurial spirit, and commitment to client service, the professionals of Paul Hastings deliver innovative solutions to many of the world’s top financial institutions and Fortune 500 companies.