S&P Places Mattress Firm (MFRM) on Review for Possible Downgrade
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/22/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
Mattress Firm's (MFRM) Corp. Family Rating Affirmed by Moody's Amid Sleepy's Deal
December 1, 2015 3:49 PM ESTMoody's Investors Service affirmed Mattress Holding Corp.'s (Nasdaq: MFRM) ("Mattress Firm") B1 Corporate Family Rating, B1-PD Probability of Default Rating, and Ba3 rating on its term loan due 2021.The outlook remains stable.
The rating affirmation follows the company's November 30 announcement that it had entered into an agreement to acquire HMK Mattress Holdings, LLC ("Sleepy's", B3 stable) in a transaction valued at $780 million. Mattress Firm plans to finance the purchase and related fees with incremental debt, approximately $30 million of assumed Sleepy's mortgages and a $10 million rollover equity contribution. While the... More
