Sleep Number Secures $55M Liquidity Deal with Lenders
Sleep Number (SNBR) experienced a significant premarket rise after announcing a $55 million liquidity agreement with its lenders, which includes a $25 million term loan and relaxed financial covenants. The deal is expected to improve the company's financial flexibility and reduce its debt burden.
Tickers: $SNBR
Topics: Financial Covenants Liquidity Agreement Premarket Trading Sleep Number