Paul Hastings LLP represented the banks in financing the acquisition of The Sleep Train, Inc. and its subsidiaries by Mattress Firm, a leading specialty retailer of mattresses and related products and accessories in the United States with over 1,500 stores in over 36 states.
 
Paul Hastings LLP represented Barclays Bank PLC as administrative agent and Barclays Bank PLC and other banks as joint lead arrangers and joint bookrunners in connection with a $720 million term loan credit facility and a $125 million asset-based revolving credit facility for Mattress Firm.
 
Leveraged Finance partner John Cobb led the Paul Hastings team, which also included Finance partner Peter Burke, of counsel Sanjay Thapar, and associates Christopher Ross, Mitchell Zuckerman, Andrew Jenkinson and Steven Jean.