SOUTHLAKE, Texas, Sept. 24, 2026 /PRNewswire/ -- Sabre Corporation ("Sabre") (Nasdaq: SABR) today announced the results of the previously announced cash tender offers (the "Tender Offers") by Sabre GLBL Inc. ("Sabre GLBL"), its indirect wholly-owned subsidiary, for Sabre GLBL's securities set forth in the table below (collectively, the "Securities"). The Tender Offers expired at 5:00 p.m., New York City time, on September 24, 2026 (such date and time, the "Expiration Date").
The Tender Offers were made pursuant to the terms and conditions set forth in the offers to purchase, dated September 15, 2026 (the "Offer to Purchase").
As of the Expiration Date, according to information provided to D.F. King & Co., Inc., the tender and information agent for the Tender Offers (the "Tender Agent"), the aggregate principal amount of each series of Securities listed in the table below was validly tendered and not validly withdrawn in the Tender Offers. Withdrawal rights for the Securities expired at the Expiration Date and, accordingly, any Securities that were validly tendered may no longer be withdrawn except where additional withdrawal rights are required by law.
Title of | CUSIP Number | Principal | Acceptance | Principal | Percentage | Purchase | Aggregate | Aggregate Purchase |
10.750% | 78573NAL6 U86043AJ2 US78573NAL64 USU86043AJ26 | $445,715,000 | 1 | $299,978,000.00 | 67.30 % | $ 992.50 | $ 251,888,000.00 | $ 250,000,000.00 |
10.750% | 78573NAN2 US78573NAN21 USU86043AL71 | $469,802,000 | 2 | $346,616,000.00 | 73.78 % | $ 980.00 | $ 0.00 | $ 0.00 |
11.125% | 78573NAM4 U86043AK9 US78573NAM48 USU86043AK98 | $1,325,000,000 | 3 | $894,517,000.00 | 67.51 % | $ 975.00 | $ 0.00 | $ 0.00 |
(1) | Subject to the Aggregate Maximum Tender Amount and proration, the principal amount of Securities expected to be accepted for purchase in the Tender Offers has been determined in accordance with the applicable acceptance priority level (in numerical priority order) specified in this column. | |||||||
(2) | Dollars per $1,000 principal amount of Securities validly tendered and accepted for purchase and excludes accrued interest which will be paid on Securities accepted for purchase. |
The Tender Offers remain subject to the satisfaction or waiver of the conditions described in the Offer to Purchase, including the financing for the Tender Offers. Such conditions may be waived by Sabre GLBL in its sole discretion, subject to applicable law. Any waiver of a condition by Sabre GLBL will not constitute a waiver of any other condition. Subject to the satisfaction or waiver of such conditions and as described in the Offer to Purchase, Sabre GLBL is expected to make payment on September 28, 2026 (such date and time, as it may be extended, the "Settlement Date") for the Securities that (i) were validly tendered and not validly withdrawn at or prior to the Expiration Date and (ii) are accepted for purchase on the Settlement Date.