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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
SOUTHLAKE, Texas, Dec. 5, 2025 /PRNewswire/ -- Sabre Corporation ("Sabre") (Nasdaq: SABR) today announced the initial results of the previously announced

About this update from Sabre Corporation
[{"type":"text","content":"SOUTHLAKE, Texas, Dec. 5, 2025 /PRNewswire/ -- Sabre Corporation (\"Sabre\") (Nasdaq: SABR) today announced the initial results of the previously announced exchange offers (each, an \"Exchange Offer\" and together, the \"Exchange Offers\") by Sabre GLBL Inc. (\"Sabre GLBL\"), a wholly-owned subsidiary of Sabre, to exchange (i) any and all of its outstanding 8.625% Senior Secured Notes due 2027 (the \"June 2027 Notes\") and 11.250% Senior Secured Notes due 2027 (the \"December 2027 Notes\" and, together with the June 2027 Notes, the \"2027 Notes\") and (ii) up to the 2029 Notes Maximum Exchange Amount (as defined below) of its 10.750% Senior Secured Notes due 2029 (the \"2029 Notes\" and, together with the 2027 Notes, the \"Existing Notes\" and, each of them, a \"series\" of Existing Notes) for Sabre GLBL's new 10.750% Senior Secured Notes due 2030 (the \"New Notes\"), upon the terms and subject to the conditions described in the confidential offering circular, dated as of November 20, 2025, for the Exchange Offers (as it may be amended or supplemented, including by this press release, the \"Offering Circular\").Sabre GLBL is also amending the Exchange Offers for each of the 2027 Notes by offering the \"Early Exchange Premium\" of $75 in cash in respect of all 2027 Notes that are validly tendered by 5:00 p.m., New York City time, on December 19, 2025 (such date and time, as it may be extended, the \"Expiration Date\"), and that are accepted for exchange, regardless of whether such 2027 Notes were tendered before or after 5:00 p.m., New York City time, on December 4, 2025 the \"Early Exchange Date\"). Accordingly, Eligible Holders (as defined below) who tender their 2027 Notes after the Early Exchange Date but before the Expiration Date will be eligible to receive the applicable \"Total Consideration\", which is $755 in cash and $320 principal amount of New Notes per $1,000 principal amount of 2027 Notes. Except for this amendment, no other terms of the Exchange Offers are being amended.The following table sets forth the principal amount of each series of the Existing Notes that was validly tendered and not validly withdrawn as of 5:00 p.m., New York City time, on the Early Exchange Date, according to information provided by D.F. King, the information and exchange agent for the Exchange Offers (the \"Exchange Agent\"):CUSIP No./ I...