04:49 AM EDT, 05/21/2025 (MT Newswires) -- Sabre (SABR) said late Tuesday it priced a $1.33 billion offering of 11.125% senior secured notes due July 15, 2030, through its Sabre GLBL unit, upsized from the previously planned $975 million.

The company expects the offering to close June 4 and plans to use the net proceeds to help prepay Sabre GLBL's outstanding borrowings under an intercompany loan agreement with Sabre Financial Borrower, among other things.

Separately, Sabre said that Sabre GLBL launched cash tender offers for up to $336.4 million of certain of its existing senior secured notes.

The offers are scheduled to expire at 11:59 pm ET June 17.