Sabre Corporation has announced a refinancing transaction involving its subsidiary, Sabre GLBL. The company will refinance certain existing senior secured term loans into two tranches totaling $375 million, with the maturity of the refinanced loans extended to July 30, 2029, and the pricing set at SOFR plus a credit spread adjustment and 625 basis points. Additionally, Sabre GLBL is conducting exchange offers for its 10.750% Senior Secured Notes due 2029, allowing eligible holders to exchange these for new 10.750% Senior Secured Notes due 2030. The transaction includes the payment of $244.6 million in cash and $468.6 million in New Notes to holders whose notes are accepted, with settlement expected on December 8, 2025, subject to closing conditions. An early exchange premium is also being offered for certain notes validly tendered by December 19, 2025.
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: DA40140) on December 05, 2025, and is solely responsible for the information contained therein.
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