Sabre corporation announces early participation results of the exchange offers for certain senior secured debt securities

Southlake, texas , aug. 21, 2023 /prnewswire/ -- sabre corporation ("sabre") (nasdaq: sabr) today announced the initial results of 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 any and all of its outstanding 7.375% senior secured notes due 2025 (the "september 2025 notes") and 9.250% senior secured notes due 2025 (the "april 2025 notes" and, together with the september 2025 notes, the "existing notes" and each of them a "series" of existing notes) for cash and sabre glbl's new 8.625% senior secured notes due 2027 (the "new notes" and together with the existing notes, the "securities"), upon the terms and subject to the conditions described in the confidential offering circular, dated as of august 7, 2023, for the exchange offers (as it may be amended or supplemented, the "offering circular"). the following table sets forth the principal amount of each series of the existing notes that were validly tendered and not validly withdrawn as of 5:00 p.m.
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