Sabre tender offer draws USD 299.98 million of 10.750% secured notes due 2029 at USD 992.5 per USD 1,000
SABR•Sabre GLBL’s cash tender offers, capped at an aggregate purchase price of USD 250 million, drew USD 299.98 million of 10.750% senior secured notes due 2029. Sabre expects to accept USD 251.89 million principal at USD 992.50 per USD 1,000, with an approximately 84% proration factor.
1. Tender results
Only the 10.750% senior secured notes due 2029 are expected to be accepted, on a pro rata basis. No 10.750% or 11.125% senior secured notes due 2030 will be accepted. Payment is expected on Sept. 28, 2026, subject to financing and other conditions.
