Tempur Sealy $800 million senior notes offering
We advised the initial purchasers on the high-yield debt offering

Davis Polk advised the representative of the initial purchasers in connection with the offering by Tempur Sealy International, Inc. of $800 million aggregate principal amount of its 4.000% senior notes due 2029.

Headquartered in Lexington, Kentucky, Tempur Sealy is a global leader in the design, manufacture and distribution of bedding products, providing breakthrough sleep solutions to consumers in over 100 countries. Tempur Sealy’s brand portfolio includes many highly recognized brands, including Tempur-Pedic, Sealy and Stearns & Foster and its non-branded offerings include value-focused private label and OEM products.

The Davis Polk corporate team included partners Michael Kaplan and Shane Tintle and associate Angela Park. Counsel Alon Gurfinkel and associate Bradford Sherman provided tax advice. Associate Christopher C. Woller provided intellectual property advice. Members of the Davis Polk team are based in the New York and London offices.