SOUTHLAKE, Texas, Aug. 5, 2015 /PRNewswire/ -- Sabre
Corporation ("Sabre" or the "Company") (Nasdaq: SABR) today
announced the public offering of 19,000,000 shares of common stock
by existing stockholders affiliated with TPG Global, LLC and Silver
Lake Management Company II, L.L.C. (the "Selling
Stockholders"). All of the shares are being sold on a pro
rata basis by the Selling Stockholders in accordance with their
current interests, and the Selling Stockholders will receive all of
the net proceeds from this offering. No shares are being sold by
the Company.
Goldman, Sachs & Co. 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.,
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.
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
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 the Sabre's annual report on Form 10-K,
quarterly report on Form 10-Q for the period ended June 30, 2015, 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.
Contacts:
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Media
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Investors
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Daniel
Duarte
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Barry
Sievert
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214-236-9473
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682-605-0214
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daniel.duarte@sabre.com
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barry.sievert@sabre.com
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SOURCE Sabre Corporation