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Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Serta Simmons Bedding, LLCGlobal Credit Research - 15 Dec 2021New York, December 15, 2021 -- Moody ...
Serta produces four main types of mattresses – traditional inner spring, gel-infused memory foam, hybrid mattresses which combine both, and Talalay Latex which is produced at the Salt Lake City plant. Serta products are used in the lodging industry, with Hilton Worldwide and Wyndham Worldwide among its customers. [9]
A memory foam mattress is usually denser than other foam mattresses, making it both more supportive and heavier. Memory foam mattresses are often sold for higher prices than traditional mattresses. Memory foam used in mattresses is commonly manufactured in densities ranging from less than 24kg/m 3 (1.5 lb/ft 3) to 128kg/m 3 (8 lb/ft 3) density
Moody's Investors Service, ("Moody's") assigned a B2 rating to Serta Simmons Bedding, LLC's ("Serta Simmons") new $200 million first lien super-priority "first-out" term loan and a Caa2 rating to ...
In 2012, Simmons and its sister company Serta International were acquired by American private equity company Advent International. [3] As of 2022, Simmons is a subsidiary of the American company Serta Simmons Bedding, LLC of Doraville, Georgia. [4] On January 23, 2023, Serta Simmons Bedding filed for Chapter 11 bankruptcy. [5]
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