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Sabre GLBL Completes Cash Tender Offers for Senior Secured Notes

Sabre Corporation announced results from cash tender offers conducted by its subsidiary, Sabre GLBL Inc. The offers, which expired September 24, 2026, aimed to repurchase outstanding senior secured notes.

24 September 2026
Sabre GLBL Completes Cash Tender Offers for Senior Secured Notes

SOUTHLAKE, Texas – Sabre Corporation confirmed the results of cash tender offers initiated by its indirect wholly-owned subsidiary, Sabre GLBL Inc. The offers, which expired on September 24, 2026, targeted the repurchase of specific outstanding senior secured notes.

The company announced that it accepted for purchase 10.750% Senior Secured Notes due 2029. Approximately 67.3% of the outstanding principal amount of these notes was tendered and accepted. The purchase price was set at $992.50 per $1,000 of principal amount.

Due to the aggregate purchase price for the 2029 notes exceeding $250 million, no 10.750% Senior Secured Notes due 2030 or 11.125% Senior Secured Notes due 2030 will be accepted for purchase. These notes were offered under priority levels but were superseded by the demand for the 2029 notes.

Sabre GLBL expects to make payment for the accepted notes on September 28, 2026. Holders of the accepted 2029 notes will also receive accrued interest from the last payment date up to the settlement date. The offers were subject to customary conditions, including financing, which Sabre GLBL states have been satisfied or waived.

Original source: prnewswire.com