Sabre Corporation Announces Debt Prepayment Strategy with New $975 Million Senior Secured Notes Offering

Reuters
05-19
<a href="https://laohu8.com/S/SABR">Sabre Corporation</a> Announces Debt Prepayment <a href="https://laohu8.com/S/MSTR">Strategy</a> with New $975 Million Senior Secured Notes Offering

Sabre Corporation has announced a strategic financial move involving its wholly-owned subsidiary, Sabre GLBL Inc. The company is offering $975 million in senior secured notes, subject to market conditions. The proceeds from this offering are earmarked for prepayment of Sabre GLBL's outstanding borrowings under an intercompany loan with Sabre Financial Borrower, LLC. This action is part of a broader plan to fully prepay Sabre Financial Borrower, LLC's senior secured term loan due 2028. Any residual funds will be allocated towards repaying, redeeming, or repurchasing other debts in various manners, such as open market transactions or privately negotiated deals. The offering, not registered under the Securities Act, is targeted at qualified institutional buyers and non-U.S. persons under specific regulations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sabre Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: DA90513) on May 19, 2025, and is solely responsible for the information contained therein.

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