Sabre Raises $1.35 Billion Via 9.875% Senior Secured Notes Due 2032 to Refinance Debt

Sabre completed a multi-part refinancing anchored by a $1.35 billion issuance of 9.875% Senior Secured Notes due 2032. The company also executed a first-priority security agreement to secure the notes and entered a $1.35 billion first-lien pari passu intercompany credit agreement between Sabre GLBL…