SOUTHLAKE, Texas, Nov. 26, 2018 /PRNewswire/ -- Sabre Corporation
("Sabre" or the "Company") (NASDAQ: SABR) today announced the
pricing of the previously announced secondary public offering of
23,304,636 shares of common stock by existing stockholders
affiliated with TPG Global, LLC and Silver Lake Management Company
II, L.L.C. (the "Selling Stockholders"), at a price to the public
of $24.95 per share. The Selling
Stockholders will receive all of the net proceeds from this
offering. No shares are being sold by the Company.
Goldman Sachs & Co. LLC is acting as the sole underwriter
for the offering.
A registration statement on Form S-3 (including a prospectus)
relating to these securities has been filed with the Securities and
Exchange Commission (the "SEC") and is effective. Before you
invest, you should read the prospectus in that registration
statement and other documents the Company has filed with the SEC
for more complete information about the Company and this offering.
You may get these documents for free by visiting EDGAR on the SEC
web site at www.sec.gov. Alternatively, copies of the prospectus
and accompanying prospectus supplement related to this offering,
when available, may be obtained from Goldman Sachs & Co. LLC,
Attention: Prospectus Department, 200 West Street, New York, NY 10282, or by calling
1-866-471-2526, facsimile: 212-902-9316 or by e-mail at
Prospectus-ny@ny.email.gs.com.
This press release does not constitute an offer to sell or a
solicitation of an offer to buy any securities, nor shall there be
any sale of these securities in any state or jurisdiction in which
such an offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state or jurisdiction.
About Sabre
Sabre Corporation is the leading
technology provider to the global travel industry. Sabre's
software, data, mobile and distribution solutions are used by
hundreds of airlines and thousands of hotel properties to manage
critical operations, including passenger and guest reservations,
revenue management, flight, network and crew management. Sabre also
operates a leading global travel marketplace, which processes more
than US$120 billion of global travel
spend annually by connecting travel buyers and suppliers.
Headquartered in Southlake, Texas,
USA, Sabre serves customers in more than 160 countries around the
world.
Cautionary Note Regarding Forward-Looking Statements
Any statements in this release regarding Sabre that are not
historical or current facts are forward-looking statements. Such
forward-looking statements convey Sabre's current expectations or
forecasts of future events. Forward-looking statements regarding
Sabre involve known and unknown risks, uncertainties and other
factors that may cause Sabre's actual results, performance or
achievements to be materially different from any future results,
performances or achievements expressed or implied by the
forward-looking statements. Certain of these risks and
uncertainties are described in Sabre's annual report on Form 10-K
for the year ended December 31, 2017,
quarterly report on Form 10-Q for the period ended September 30, 2018, registration statement on
Form S-3, and the documents incorporated by reference therein,
including those described in Sabre's annual report for the year
ended December 31, 2017 and quarterly
report on Form 10-Q for the period ended September 30, 2018 under the headings "Risk
Factors" and "Forward-Looking Statements" and in the registration
statement under the headings "Risk Factors" and "Cautionary Note
Regarding Forward-looking Statements." Unless required by law,
Sabre undertakes no obligation to publicly update or revise any
forward-looking statements to reflect circumstances or events after
the date of this press release.
Contacts:
Media
sabrenews@sabre.com
Investors
sabre.investorrelations@sabre.com
SABR-F
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SOURCE Sabre Corporation