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Sabre Corporation Announces Early Tender Results of Previously Announced Cash Tender Offer and Consent Solicitation by Sabre Financial Borrower, LLC

SABR
  • Sabre Financial Borrower, LLC announced early tender results for its cash tender offer & consent solicitation to amend securities, with the expiration date set for 5:00 p.m. New York City time on October 12, 2026.
  • As of the September 25, 2026 early tender deadline, $930,682,000 of the $1,000,000,000 outstanding 11.125% Senior Secured Notes due 2029 (93.07% of the total) were validly tendered & not withdrawn.
  • The total consideration for accepted securities is $1,092.50 per $1,000 principal amount, which includes a $50 early tender premium & excludes accrued interest.
  • Sabre Financial expects to pay for the accepted securities & related consents on the early settlement date of September 28, 2026, subject to the satisfaction or waiver of conditions.
  • Required consents for the proposed amendments have been obtained, & a supplemental indenture is expected to be executed on or about September 28, 2026.
  • Sabre Financial intends to redeem all remaining outstanding securities on October 13, 2026, at a price equal to the total consideration plus accrued interest, following the purchase of the tendered notes.
  • Sabre Financial reserves the right to waive conditions, terminate or extend the offer, or amend the solicitation in its sole discretion.
  • BofA Securities serves as the dealer manager & solicitation agent, while D.F. King & Co., Inc. acts as the tender & information agent for the transaction.
  • The press release includes forward-looking statements regarding the financing, completion, & execution of the tender offer & consent solicitation.