Simmons to hold lender call Wednesday for upsizing, repricing of term loan C

By Sara Rosenberg

New York, May 8 - Simmons Bedding Co. is scheduled to hold a conference call on Wednesday for bank loan lenders to propose an upsizing and repricing of its term loan C, according to a market source.

Goldman Sachs is the lead bank on the deal.

Proceeds from the incremental term loan C debt will be used to refinance the company's senior unsecured term loan.

Simmons is an Atlanta-based manufacturer of mattresses.

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