Group 1 - Sabre Corporation announced an offering of $975,000,000 aggregate principal amount of senior secured notes by its subsidiary Sabre GLBL Inc [1] - The Secured Notes will be guaranteed by Sabre Holdings Corporation and secured by a first-priority security interest in substantially all property and assets of Sabre GLBL and the guarantors [2] - The net proceeds from the sales of the Secured Notes are expected to be used to prepay outstanding borrowings under an intercompany loan agreement and to address other indebtedness [3] Group 2 - The Secured Notes will be offered in a private offering to qualified institutional buyers and non-U.S. persons outside the United States [4] - The offering does not constitute an offer to sell or solicitation of an offer to buy the Secured Notes in jurisdictions where such offering would be unlawful [5] - Sabre Corporation is a leading technology company in the travel industry, serving customers in over 160 countries globally [6]
Sabre Corporation Announces Offering of Senior Secured Notes