Sabre Corporation completed a private placement of $1 billion in senior secured notes through its wholly‑owned subsidiary Sabre Financial Borrower, LLC. The notes carry an 11.125% coupon, mature on June 15, 2029, and are expected to close on December 5, 2025. The issuance is guaranteed by Sabre Financing Holdings, LLC and is secured by a first‑priority interest in the assets of Sabre’s foreign subsidiaries, covering up to $400 million, as well as a pledge of Sabre Financial loan receivables and equity interests.
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Sabre Corporation has issued a new 10‑year senior secured notes offering through its wholly‑owned subsidiary Sabre GLBL Inc. The offering will raise a minimum of $300 million in 10.750% notes due March 15, 2030. Holders of the company’s 8.625% and 11.250% senior secured notes due 2027, as well as up to $379 million of its 10.750% senior secured notes due 2029, can tender their securities for the new notes. Each $1,000 principal amount of existing notes will be replaced with a $1,000 principal amount of the new notes, plus an early exchange premium of $680 in cash and $320 in new notes.
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Sabre announced that Ethiopian Airlines, Africa’s largest carrier, will adopt its SabreMosaic offer‑to‑order platform, a move that expands the airline’s retailing capabilities and strengthens Sabre’s high‑margin B2B portfolio.
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