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Sabre Corporation Announces Expiration and Results of the Previously Announced Exchange Offers for Certain Senior Secured Debt Securities
SOUTHLAKE, Texas, Dec. 22, 2025 /PRNewswire/ -- Sabre Corporation ("Sabre") (Nasdaq: SABR) today announced that the previously announced exchange offers
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[{"type":"text","content":"SOUTHLAKE, Texas, Dec. 22, 2025 /PRNewswire/ -- Sabre Corporation (\"Sabre\") (Nasdaq: SABR) today announced that 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 $379 million 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 (as amended, the \"Offering Circular\"), expired at 5:00 p.m., New York City time, on December 19, 2025 (the \"Expiration Date\").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table sets forth the principal amount of each series of the Existing Notes that was validly tendered and not validly withdrawn as of 5:00 p.m., New York City time, on the Expiration Date, according to information provided by D.F. King, the information and exchange agent for the Exchange Offers (the \"Exchange Agent\"):CUSIP No./ISINTitle of SecurityPrincipal Amount Outstanding (1)Offering being madeAggregate Principal Amount Tendered in the Exchange OfferPrincipal Amount Accepted or Expected to be Accepted for Exchange (3)Total ConsiderationCUSIP: 78573NAJ1 (144A); U86043AG8 (Reg. S) /ISIN: US78573NAJ19 (144A); USU86043AG86 (Reg. S)8.625% Senior Secured Notes due 2027$331,783,000Any and all$240,218,000$240,176,000$755.00 in cash and $320.00 principalamount of New NotesCUSIP: 78573NAH5 (144A); U86043AF0 (Reg. S) /ISIN: US78573NAH52 (144A); USU86043AF04 (Reg. S)11.250% Senior Secured Notes due 2027$45,814,000Any and all$44,264,000$44,256,000$755.00 in cash and $320.00 principal amount of New NotesCUSIP: 78573NAL6 (144A); U86043AJ2 (Reg. S) /ISIN: US78573NAL64 (144A); USU86043AJ26 (Reg. S)10.750% Senior Secured Notes due 2029$824,714,000Up to $379 million(2)$676,492,000$378,999,000$60.00 in cash and $1000.00 principal amount of New NotesTotal$1,202,311,000$960,974,0...