Tempur Sealy to fully redeem outstanding 5½% senior notes due 2026

By Taylor Fox

New York, March 11 – Tempur Sealy International, Inc. plans to fully redeem its outstanding 5½% senior notes due 2026, according to a news release.

The notes will be redeemed using the proceeds from its offering of $800 million senior notes due 2029.

Any remaining proceeds will be used for general corporate purposes.

The Lexington, Ky.-based company manufactures mattresses and pillows.

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