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.
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