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10.750% Senior Secured Notes due 2029
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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
Prnewswireยท 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]