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Sleep Number increases revolving credit facility to $600 million
By Wendy Van Sickle
Columbus, Ohio, April 21 – Sleep Number Corp. entered into an amendment to its revolving credit facility on Tuesday, increasing the amount to $600 million from $450 million, according to an 8-K filed with the Securities and Exchange Commission.
The amendment also increases the available swingline loans to $75 million from $40 million and the accordion to $200 million from $150 million.
U.S. Bank NA is the administrative agent.
Sleep Number is a Minneapolis-based manufacturer of beds and bedding accessories.
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