Menu

Barclays Provides Financing for Mattress Holding Corp.’s Acquisition of Sleepy’s

February 05, 2016
NEW YORK – Paul Hastings LLP, a leading global law firm, represented Barclays Bank PLC as administrative agent and Barclays Bank PLC, J.P Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Wells Fargo Securities, LLC, KeyBank National Association, SunTrust Robinson Humphrey, Inc., Regions Bank, Cadence Bank, N.A. and ZB, N.A. dba Amegy Bank as arrangers with respect to a $665 million incremental term loan credit facility and a $200 million asset-based revolving credit facility to Mattress Holding Corp. for purposes of financing the acquisition of HMK Mattress Holdings LLC, the holding company of Sleepy’s, a leading specialty mattress retailer, and related entities.

The Paul Hastings team was led by Leveraged Finance partner John Cobb, and included partner Sanjay Thapar, of counsel Benjamin Cheng, and associates Marisa Sotomayor, Molly VaughanKareem Roe and Patrick Prin. 

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.