Sabre corporation announces cash tender offers by sabre glbl inc. for existing secured debt
Southlake, texas , may 20, 2025 /prnewswire/ -- sabre corporation ("sabre") (nasdaq: sabr) today announced commencement of tender offers (the "tender offers") by its wholly-owned subsidiary sabre glbl inc. ("sabre glbl") to purchase for cash, upon the terms and subject to the conditions described in the offer to purchase (as defined below), up to a principal amount of its securities set forth in the table below (collectively, the "securities") that would not result in the aggregate purchase price (as defined below) exceeding $336.375 million (subject to increase or decrease by sabre glbl in its sole discretion, the "aggregate maximum tender amount"). the following table sets forth certain terms of the tender offers: title of security cusip/isinnumber principal amount outstanding acceptance priority level early tender premium(1) tender offer consideration(1) total consideration(1)(2) 8.625% senior securednotes due 2027 78573naj1 u86043ag8 us78573naj19 usu86043ag86 $656,783,000 1 $ 50.00 $ 985.00 $ 1,035.00 7.375% senior secured notes due 2025 78573naf9u86043ad5 us78573naf96 usu86043ad55 $23,393,000 2 $ 50.00 $ 951.25 $ 1,001.25 11.250% senior secured notes due 2027 78573nah5 u86043af0 us78573nah52 usu86043af04 $45,814,000 3 $ 50.00 $ 950.00 $ 1,000.00 ___________________ (1) dollars per $1,000 principal amount of securities validly tendered and accepted for purchase.
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