09:16 AM EDT, 05/14/2026 (MT Newswires) -- Sabre (SABR) said Thursday its unit, Sabre GLBL, issued $150 million in 7% exchangeable senior notes due 2031.

The debt matures May 15, 2031, and proceeds will be used to repurchase $100 million of outstanding 7.32% notes due 2026, the company said.

The notes are fully guaranteed by the parent and another unit, and the deal is scheduled to close Monday, Sabre added.

Shares of the company were down over 4% in Thursday premarket activity.