Tempur Sealy International, Inc. announced that it completed its offering of $800 million aggregate principal amount of 3.875% senior notes due 2031 (the "Notes"). The Notes are senior unsecured obligations of the Company guaranteed by the same entities that guarantee its obligations under its existing credit facility. The Notes will pay interest semi-annually on October 15 and April 15 of each year beginning on April 15, 2022. The notes will mature on October 15, 2031. Tempur Sealy intends to use the net proceeds from this offering partly to repay in full the outstanding balances under its Revolving Credit Facility and Accounts Receivable Securitization Facility and to use the balance for general corporate purposes.