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Sabre to Launch $1.1 Billion Offering of Senior Secured Notes

Sabre to Launch $1.1 Billion Offering of Senior Secured Notes

MT newswireMT newswire2026/09/14 14:17
10:17 AM EDT, 09/14/2026 (MT Newswires) -- Sabre (SABR) said Monday its subsidiary Sabre Financial Borrower plans to launch a $1.1 billion offering of senior secured notes. Sabre Financial intends to use the gross proceeds to fund a new intercompany loan to Sabre GLBL, which will use the loan proceeds to prepay the existing intercompany loan between Sabre Financial and Sabre GLBL, according to a statement. Sabre Financial plans to use the proceeds received from the prepayment to prepay, redeem, or repurchase certain of its existing indebtedness in the open market. This includes Sabre Financial's current tender offer and consent solicitation for its 11.125% senior secured notes due 2029, the company said. Price: 2.19, Change: +0.02, Percent Change: +0.97
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