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 3.875% senior notes due 2031.

Headquartered in Lexington, Kentucky, Tempur Sealy is the world’s largest bedding provider. Tempur Sealy develops, manufactures and markets mattresses, foundations, pillows and other products. Tempur Sealy’s brand portfolio includes many highly recognized brands, including Tempur, Tempur-Pedic, Sealy, Sealy Posturepedic and Stearns & Foster.

The Davis Polk corporate team included partners Michael Kaplan and Shane Tintle and associate Michael Jiang. Counsel Alon Gurfinkel and associates Bradford Sherman and April Filtz provided tax advice. Associate Marisa Elena Bannon provided intellectual property advice. Members of the Davis Polk team are based in the New York and London offices.

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