Sabre Corporation Announces Expiration and Results of the Previously Announced Exchange Offers for Certain Senior Secured Debt Securities

Core Viewpoint - Sabre Corporation announced the expiration of its exchange offers for various series of its Senior Secured Notes, allowing holders to exchange existing notes for new notes with a higher maturity date [1][2]. Group 1: Exchange Offers Details - The exchange offers included the 8.625% Senior Secured Notes due 2027 and 11.250% Senior Secured Notes due 2027, as well as up to $379 million of the 10.750% Senior Secured Notes due 2029 [1]. - The total principal amount of the Existing Notes was $1,202,311,000, with $960,974,000 tendered in the exchange offer [2]. - The maximum aggregate principal amount of New Notes that Sabre GLBL can issue in the exchange offer for the 2029 Notes was met as of December 4, 2025 [2]. Group 2: Tendered Amounts - As of the expiration date, $240,218,000 of the June 2027 Notes and $44,264,000 of the December 2027 Notes were validly tendered [2]. - The total principal amount accepted for exchange included $235,944,000 of the June 2027 Notes and $44,006,000 of the December 2027 Notes [3]. - The company anticipates accepting additional tendered amounts following the early exchange date, with a final settlement date of December 23, 2025 [3]. Group 3: Advisory and Management - BofA Securities served as the Sole Dealer Manager for the exchange offers, while Perella Weinberg Partners acted as Capital Markets Advisor to Sabre [4].