SOUTHLAKE, Texas, May 20, 2015 /PRNewswire/ -- Sabre
Corporation ("Sabre" or the "Company") (Nasdaq: SABR) today
announced the pricing of a public offering of 24,000,000 shares of
common stock by existing stockholders affiliated with TPG Global,
LLC and Silver Lake Management Company, L.L.C. at a price of
$26.00 per share. In addition, the
selling stockholders have granted the underwriters of the secondary
offering a 30-day option to purchase up to an additional 3,600,000
shares of common stock. The Company is not selling any shares in
this offering and will not receive any proceeds from the sale of
the shares by the selling stockholders.
Goldman, Sachs & Co., BofA Merrill Lynch, Morgan Stanley,
Deutsche Bank Securities and Evercore ISI are acting as joint
bookrunners for this offering. In addition TPG Capital BD,
LLC, Jefferies, Foros, Cowen and Company, Sanford C. Bernstein, William Blair, Mizuho Securities, Natixis and
The Williams Capital Group, L.P. are acting as co-managers for this
offering.
A registration statement on Form S-3 (including a prospectus and
prospectus supplement) relating to these securities has been filed
with the Securities and Exchange Commission and is effective. A
copy of the prospectus and accompanying prospectus supplement
related to the offering, when available, may be obtained from
Goldman, Sachs & Co., Attention: Prospectus Department, 200
West Street, New York, NY 10282,
or by calling 1-866-471-2526, facsimile: 1-212-902-9316 or by
e-mail at prospectus-ny@ny.email.gs.com, or BofA Merrill Lynch, 222
Broadway, New York, NY 10038,
Attention: Prospectus Department, or by email at
dg.prospectus_requests@baml.com, or Morgan Stanley & Co. LLC at
180 Varick Street, 2nd Floor, New York,
NY 10014, Attention: Prospectus Department, or Deutsche Bank
Securities Inc., Attention: Prospectus Group, 60 Wall Street,
New York, NY 10005, or by calling
1-800-503-4611 or by email at prospectus.cpdg@db.com, or Evercore
ISI at 55 East 52nd Street, 36th Floor, New York, NY 10055, Attention: Equity Capital
Markets, or by calling 212-653-9054 or by email at
ecm@evercore.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 Corporation
Sabre Corporation is a
leading technology provider to the global travel and tourism
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 $110 billion of
estimated travel spend annually by connecting travel buyers and
suppliers. Headquartered in Southlake, Texas, USA, Sabre operates offices in
approximately 60 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 the Sabre's annual report on Form
10-K, registration statement on Form S-3, and the documents
incorporated by reference therein, including those described in the
Sabre's annual report 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.
Investor Relations:
Barry
Sievert
Sabre
682-605-0214
Barry.sievert@sabre.com
Media:
Nancy St.
Pierre
Sabre
682-605-3864
Nancy.st.pierre@sabre.com
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SOURCE Sabre Corporation