Sabre Corporation, based in Southlake, Texas, has announced the commencement of cash tender offers by its wholly-owned subsidiary Sabre GLBL Inc. to purchase existing secured debt. The tender offers aim to purchase a principal amount of securities without exceeding an aggregate purchase price of $336.375 million. The initiative is supported by an offering of $1.325 billion in 11.125% Senior Secured Notes due 2030, which is expected to yield sufficient net cash proceeds to fund the aggregate purchase. The tender offers prioritize securities tendered before the Early Tender Deadline and may be subject to proration if funds are insufficient to cover all purchases. Legal counsel for the transaction includes Davis Polk & Wardwell LLP for Sabre, and Latham & Watkins LLP for BofA Securities, with financial advisory by Perella Weinberg Partners LP.