M&A - Sabre Corp

Form Type: 8-K

Filing Date: 2025-05-19

Corporate Action: Acquisition

Type: New

Accession Number: 000119312525122150

Filing Summary: On May 19, 2025, Sabre Corp announced its agreement to sell its hospitality solutions business to Buyer for approximately $1.1 billion. This follows the previously disclosed Stock Purchase Agreement made on April 27, 2025, between Sabre GLBL Inc., a wholly owned subsidiary of Sabre Corp, and Whitney Merger Sub, Inc. In connection with the acquisition, the unaudited pro forma consolidated financial statements reflecting the Disposition are included. Additionally, on the same date, Sabre GLBL announced the commencement of an offering of $975 million of senior secured notes due 2030, intended to raise funds for general corporate purposes. The terms of this offering are subject to market conditions and specific regulations under the Securities Act.