Sabre Corporation Announces Early Participation Results of the Previously Announced Exchange Offers for Certain Senior Secured Debt Securities and Extends the Related Early Exchange Premium through the Expiration Date
SabreSabre(US:SABR) Prnewswire·2025-12-05 13:30

Core Points - Sabre Corporation announced initial results of exchange offers for its outstanding senior secured notes [1] - The exchange involves 8.625% and 11.250% senior secured notes due 2027, and up to a maximum amount of 10.750% senior secured notes due 2029 [1] - New notes being offered are 10.750% senior secured notes due 2030 [1] - An "Early Exchange Premium" of $75 in cash is being offered for valid tenders of the 2027 notes by a specified deadline [1] Group 1 - Sabre GLBL Inc., a wholly-owned subsidiary of Sabre, is conducting the exchange offers [1] - The exchange offers are detailed in a confidential offering circular dated November 20, 2025 [1] - The exchange aims to improve the company's debt structure by replacing existing notes with new notes [1]