09:15 AM EDT, 05/19/2025 (MT Newswires) -- Sabre (SABR) said Monday its Sabre GLBL unit plans to offer $975 million of senior secured notes.
The company said the timing, size and other terms of the offering are subject to market conditions and other factors.
The net proceeds will be used to prepay Sabre GLBL's outstanding borrowings under an intercompany loan agreement, with any remaining amounts to be used to prepay, redeem or repurchase other debt, the company said.