A financing package for Sealy Corp.-the company at the center of the notorious "burning bed" deal of the 1980s bridge loan market-sailed through the loan and bond markets in recent weeks.

On Thursday, Goldman Sachs & Co., J.P. Morgan & Co., and BT Alex. Brown Inc. closed a $550 million loan backing Bain Capital Inc.'s $800 million buyout of Sealy, the nation's largest mattress company.

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