SOUTHLAKE, Texas, June 4, 2025 /PRNewswire/ -- Sabre Corporation ("Sabre") (Nasdaq: SABR) announced today the early tender results of the previously announced cash tender offers (the "Tender Offers") by Sabre GLBL Inc. ("Sabre GLBL"), its wholly owned subsidiary, for Sabre GLBL's securities set forth in the table below (collectively, the "Securities"). The Tender Offers will expire at 11:59 p.m., New York City time, on June 17, 2025. As the Aggregate Purchase Price (as defined below) of all Securities valid ...

Core Viewpoint - Sabre Corporation announced the commencement of tender offers to purchase up to $336.375 million of its securities through its subsidiary Sabre GLBL Inc, with specific terms and conditions outlined in the Offer to Purchase [1][3][4]. Tender Offer Details - The tender offers will expire on June 17, 2025, with an early tender deadline of June 3, 2025, for holders to receive total consideration including an early tender premium [3][4]. - The total consideration for each $1,000 principal amount of securities validly tendered before the early tender deadline includes a premium of $50.00, with specific amounts for different series of securities detailed in the announcement [1][4]. - Securities tendered after the early tender deadline will receive a lower tender offer consideration, which is the total consideration minus the early tender premium [4][15]. Securities Information - The tender offers include various senior secured notes with different principal amounts and interest rates, such as 8.625% notes due 2027 and 7.375% notes due 2025, with total amounts outstanding of $656.783 million and $23.393 million respectively [1][4]. - The aggregate maximum tender amount is subject to increase or decrease at the discretion of Sabre GLBL, and the purchase of one series of securities is not conditioned on the purchase of any other series [1][6]. Financing Transaction - Sabre GLBL announced a financing transaction involving the offering of $1.325 billion aggregate principal amount of 11.125% senior secured notes due 2030, which is expected to provide sufficient net cash proceeds to fund the aggregate purchase price for the tender offers [7][8]. - Completion of the financing transaction is subject to customary closing conditions, and there are no assurances that it will be completed [7]. Additional Information - The announcement does not contain the full terms and conditions of the tender offers, which are detailed in the Offer to Purchase [8]. - Sabre GLBL may also purchase additional securities in the open market or through other means following the completion of the tender offers [9].

Core Viewpoint - Sabre Corporation has announced an upsized offering of $1,325,000,000 in Senior Secured Notes, increasing from an initial $975,000,000, with a maturity date set for July 15, 2030 and an interest rate of 11.125% [1][2]. Group 1: Offering Details - The Senior Secured Notes will pay interest semi-annually and are guaranteed by Sabre Holdings Corporation and its subsidiaries [2]. - The offering is expected to close on June 4, 2025, subject to customary closing conditions [1]. - The Secured Notes will be secured by a first-priority security interest in substantially all property and assets of Sabre GLBL and the guarantors [2]. Group 2: Use of Proceeds - A portion of the net proceeds will be used to prepay outstanding borrowings under an intercompany loan agreement, specifically targeting a senior secured term loan due in 2028 [3]. - Remaining proceeds will be utilized to prepay, redeem, or repurchase other indebtedness through various methods, including tender offers [3]. Group 3: Tender Offers - Sabre GLBL plans to launch tender offers for certain existing senior secured notes, with a maximum aggregate purchase amount of $336,375,000 [3]. - The details of the Tender Offers will be included in the offers to purchase dated May 20, 2025 [6]. Group 4: Company Overview - Sabre Corporation is a leading technology company focused on the travel industry, providing solutions for airlines, hoteliers, and travel agencies [7]. - The company is headquartered in Southlake, Texas, and serves customers in over 160 countries globally [7].

SOUTHLAKE, Texas, May 19, 2025 /PRNewswire/ -- Sabre Corporation ("Sabre") (Nasdaq: SABR) today announced an offering by its wholly-owned subsidiary Sabre GLBL Inc. ("Sabre GLBL") of $975,000,000 aggregate principal amount of senior secured notes (the "Secured Notes"). The precise timing, size and terms of the offering are subject to market conditions and other factors. No assurance can be made that the offering will be consummated on the proposed terms or at all.The Secured Notes will be guaranteed by Sabr ...

Sabre (SABR) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of a changing earnings pictu ...

Sabre Corporation (SABR) reported break-even first-quarter 2025 bottom line against the Zacks Consensus Estimate of earnings of 1 cent per share. The company had incurred a loss of 2 cents per share in the year-ago quarter.Sabre reported revenues of $776.62 million for the quarter ended March 31, 2025, which missed the Zacks Consensus Estimate by 1.77%. The figure declined 0.8% year over year.Sabre’s Q1 in DetailThe Travel Solutions segment’s revenues declined 2% year over year to $702.13 million. The growt ...

SOUTHLAKE, Texas, May 8, 2025 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading global travel technology company, today announced the appointment of Jennifer Catto as Executive Vice President and Chief Marketing Officer. As part of Sabre's Executive Leadership Team, Jennifer will shape the company's global marketing strategy and brand, helping to drive growth, deepen customer engagement, and position Sabre for the future. Sabre appoints Jennifer Catto as Executive Vice President and Chief Mark ...

For the quarter ended March 2025, Sabre (SABR) reported revenue of $776.62 million, down 0.8% over the same period last year. EPS came in at $0.00, compared to -$0.02 in the year-ago quarter.The reported revenue represents a surprise of -1.77% over the Zacks Consensus Estimate of $790.57 million. With the consensus EPS estimate being $0.01, the EPS surprise was -100.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street exp ...

Sabre (SABR) Q1 2025 Earnings Call May 07, 2025 09:00 AM ET Company Participants Brian Evans - SVP, Investor Relation & TreasurerKurt Ekert - President & Chief Executive OfficerMike Randolfi - Chief Financial OfficerJed Kelly - Managing Director - Equity ResearchJames Goodall - Director & Head - Transport & Leisure Conference Call Participants Victor Cheng - AnalystJoshua Baer - AnalystJeff Harlib - AnalystNone - AnalystAlex Irving - Analyst Operator Good morning, and welcome to the Sabre First Quarter twen ...

Sabre (SABR) Q1 2025 Earnings Call May 07, 2025 09:00 AM ET Company Participants Brian Evans - SVP, Investor Relation & TreasurerKurt Ekert - President & Chief Executive OfficerMike Randolfi - Chief Financial OfficerJed Kelly - Managing Director - Equity ResearchJames Goodall - Director & Head - Transport & Leisure Conference Call Participants Victor Cheng - AnalystJoshua Baer - AnalystJeff Harlib - AnalystNone - AnalystAlex Irving - Analyst Operator Good morning, and welcome to the Sabre First Quarter twen ...