Somnigroup Announces Refinancing of Credit Facilities
PR Newswire•27/07/2026•16:03 ET
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Whiz Insights
DALLAS, July 27, 2026 /PRNewswire/ -- Somnigroup International Inc. (NYSE: SGI, "Company" or "Somnigroup") today announced that it has successfully completed the amendment of its $2.9 billion senior secured credit facilities, which include a $1.7 billion revolver and a $1.2 billion term loan A.
The agreement amends and extends Somnigroup's existing credit facilities while providing an incremental $700 million of liquidity. The Company utilized the incremental $700 million to repay a portion of its term loan B outstanding, reducing expected annual interest expense by approximately $5 million.
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