Sealy Mattress Completes Refinancing Transactions
Cahill represented the Initial Purchasers, including J.P. Morgan Securities Inc., Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, KKR Capital Markets LLC and Mizuho Securities USA Inc. in Sealy Mattress Company's Rule 144A Offering of $350,000,000 of its 10.875% Senior Secured Notes due 2016.
Cahill represented JPMorgan Chase Bank, N.A. as Administrative Agent and Collateral Agent, J.P. Morgan Securities Inc., Citigroup Global Markets Inc. and GE Capital Markets, Inc., as Joint Lead Arrangers and Joint Bookrunners, Mizuho Corporate Bank, Ltd., as Syndication Agent and General Electric Capital Corporation as Co-Collateral Agent in connection with a $100,000,000 credit agreement for Sealy Mattress Company signed on May 13, 2009.
Cahill is also representing Citigroup Global Markets, Inc., as dealer manager, in connection with a rights offering for $177,132,000 initial principal amount of 8.0% Senior Secured Third Lien Convertible Notes due 2016 of Sealy Corporation and Sealy Mattress Company that was commenced on May 28, 2009.