Sabre Corp

NASDAQ:SABRUnited States

Nov 22, 2024

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• Sabre Upsizes Exchange Offer for Certain Senior Secured Debt Securities to $800 Million, from 10:47AM ET on Friday Nov 22, 2024 by MT Newswires

  10:47AM ET on Friday Nov 22, 2024 by MT Newswires
  Companies Mentioned: SABR
  10:47 AM EST, 11/22/2024 (MT Newswires) -- Sabre (SABR) said Friday that it has updated its exchange offers, increasing the maximum exchange amount to $800 million from $500 million, with other terms remaining intact. The company also provided initi...

• Sabre Corporation Announces Early Participation Results and Upsize of the Previously Announced Exchange Offers for Certain Senior Secured Debt Securities, from 8:55AM ET on Friday Nov 22, 2024 by PR Newswire

  8:55AM ET on Friday Nov 22, 2024 by PR Newswire
  Companies Mentioned: SABR

  Sabre Corporation ("Sabre") 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 certain of its outstanding 11.250% Senior Secured Notes due 2027 (the "December 2027 Notes") and 8.625% Senior Secured Notes due 2027 (the "June 2027 Notes" and, together with theDecember 2027 Notes, the "Existing Notes" and each of them a "series" of Existing Notes) for up to $500 million (as such amount may be amended by Sabre GLBL in its sole discretion, the "Maximum Exchange Amount") in aggregate principal amount of Sabre GLBL's new 10.750% Senior Secured Notes due 2029 (the "New Notes"), upon the terms and subject to the conditions described in the confidential offering circular, dated November 7, 2024, as amended by this press release (as so amended, the "Offering Circular").

• Sabre Corporation Announces Early Participation Results and Upsize of the Previously Announced Exchange Offers for Certain Senior Secured Debt Securities, from 8:55AM ET on Friday Nov 22, 2024 by Dow Jones

  8:55AM ET on Friday Nov 22, 2024 by Dow Jones
  Companies Mentioned: SABR
  
  Certain statements herein are forward-looking statements about trends, future events, uncertainties and our plans and expectations of what may happen in the future. Any statements that are not historical or current facts are forward-looking statements. In many cases, you can identify forward-looking statements by terms such as "guidance," "outlook," "target," "expect, " "anticipate," "on track," "continue," "believe," "momentum," "position," "continue," "progress," "confident," "trend," "plan," "recurring," "trajectory," "pipeline," "opportunity," "potential, " "positioned," "benefit," "goal," "confident," "indicate," "optimistic, " "will," "forecast," "strategy," "estimate," "project," "may," "should, " "would," "intend," or the negative of these terms, where applicable, or other comparable terminology. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Sabre's actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. The potential risks and uncertainties include, among others, our ability to realize the anticipated benefits of the Exchange Offers and the proposed term loan exchange transaction and the risk that the Exchange Offers and the proposed term loan exchange transaction may not be consummated, financial condition and credit ratings, as well as on the travel industry and consumer spending more broadly, the effect of remote working arrangements on our operations and the speed and extent of the recovery across the broader travel ecosystem, dependency on transaction volumes in the global travel industry, particularly air travel transaction volumes, the timing, implementation and effects of our growth strategies and technology transformation, the completion and effects of travel platforms, exposure to pricing pressure in the Travel Solutions business, changes affecting travel supplier customers, maintenance of the integrity of our systems and infrastructure and the effect of any security incidents, our ability to recruit, train and retain employees, competition in the travel distribution industry and solutions industry, failure to adapt to technological advancements, implementation of software solutions, implementation and effects of new, amended or renewed agreements and strategic partnerships, dependence on establishing, maintaining and renewing contracts with customers and other counterparties and collecting amounts due to us under these agreements, dependence on relationships with travel buyers, the ability to achieve our cost savings and efficiency goals and the effects of these goals, our collection, processing, storage, use and transmission of personal data and risks associated with PCI compliance, the effects of cost savings initiatives, the effects of new legislation or regulations or the failure to comply with regulations or other legal requirements, use of third-party distributor partners, the financial and business results and effects of acquisitions and divestitures of businesses or business operations, reliance on the value of our brands, reliance on third parties to provide information technology services and the effects of these services, the effects of any litigation, regulatory reviews and investigations, adverse global and regional economic and political conditions, risks related to global conflicts, risks arising from global operations, risks related to our significant amount of indebtedness, including increases in interest rates and our ability to refinance our debt, and tax-related matters.