Mattress Firm Parent Steinhoff Reeling from Accounting Scandal

Reuters reported Steinhoff International’s Asia Pacific unit is trying to distance itself from its South African parent company, which has been hit by a major accounting scandal.

Barclays Agents $225MM ABL Facility for Mattress Firm

Mattress Firm, a specialty mattress retailer, entered into a new up to $225 million senior secured asset-based revolving credit facility. Barclays acted as administrative agent, sole book runner and sole lead arranger for the transaction.

Barclays, J.P. Morgan, Others Arrange Mattress Firm Facility

Mattress Firm Holding completed its acquisition of Sleepy’s and entered into an amended $865 million senior credit facility arranged by Barclays Bank, J.P. Morgan Securities, Merrill Lynch and Wells Fargo Securities.