Sabre Launches $1 Billion Senior Secured Notes Offering to Refinance Debt

Reuters11-20
Sabre Launches $1 Billion Senior Secured Notes Offering to Refinance Debt

Sabre Corporation has announced a series of debt transactions aimed at improving its debt maturity profile. The company is conducting exchange offers for certain series of its existing notes, allowing holders to exchange them for new 10.750% Senior Secured Notes due 2030. The primary objective is to extend the maturity of its debt from the current 2027 and 2029 maturities to 2030, with a minimum issuance of $300 million in new notes. Concurrently, Sabre is offering to refinance certain of its existing term loans. Additionally, Sabre Financial Borrower, LLC, a subsidiary of Sabre, has launched a private offering of $1.0 billion in senior secured notes due 2030. The proceeds from this offering will be lent to Sabre GLBL through a secured loan. The private offering is targeted at qualified institutional buyers and non-U.S. persons, and there is no assurance that the offering will be completed. Sabre GLBL will not receive cash proceeds from the exchange offers and will not incur additional indebtedness beyond the principal amount exchanged.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sabre Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: DA30017) on November 20, 2025, and is solely responsible for the information contained therein.
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