Sabre Corporation Launches Additional Cash Tender Offers for Debt Management

News related to:Sabre Corporation · 2 min read

SOUTHLAKE, Texas, Sept. 15, 2026 /CourierPR/ -- Sabre Corporation has announced additional cash tender offers by its wholly-owned subsidiary, Sabre GLBL Inc., to purchase up to $250 million in existing secured debt. The tender offers, which will expire on September 24, 2026, are part of Sabre GLBL's ongoing efforts to manage its debt structure and optimize its financial position.

According to the terms of the tender offers, holders of the securities can validly tender their securities until 5:00 p.m., New York City time, on the expiration date. Holders whose securities are accepted for purchase will receive the applicable purchase price, as well as accrued and unpaid interest up to the settlement date, expected to be September 28, 2026. Securities tendered can be withdrawn until the expiration date, but not after.

The tender offers are subject to the satisfaction or waiver of certain conditions, including the successful completion of a financing transaction. On September 15, 2026, Sabre Financial Borrower, LLC, an indirect wholly-owned subsidiary of Sabre GLBL, announced the pricing of an upsized offering of $1.35 billion in 9.875% Senior Secured Notes due 2032. This financing is expected to be sufficient to fund the aggregate purchase price and accrued interest for all securities accepted for purchase by Sabre GLBL.

The tender offers are part of a broader strategy by Sabre GLBL to manage its debt and enhance its financial flexibility. The company has outlined the terms and conditions of the tender offers in the Offer to Purchase, which is being distributed to holders of the securities. BofA Securities is serving as the dealer manager for the tender offers, and D.F. King & Co., Inc., is the tender and information agent.

Sabre GLBL has emphasized that it is not obligated to redeem any securities that are not tendered and accepted in the tender offers. The company has also noted that the tender offers are subject to the satisfaction or waiver of the conditions described in the Offer to Purchase, including the successful completion of the financing transaction.

The press release further states that following the completion of the tender offers, Sabre GLBL or its affiliates may purchase additional securities in the open market, in privately negotiated transactions, through tender or exchange offers, or otherwise. The company has also reserved the right to redeem securities that it is permitted to redeem pursuant to their terms.

Sabre Corporation, an AI-native technology leader, is dedicated to transforming insights into innovation and empowering travel partners through intelligent, connected, and personalized experiences. The company's focus on managing its debt and optimizing its financial position underscores its commitment to long-term stability and growth.

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