We are advising Sabre on the exchange offers

Davis Polk is advising Sabre Corporation in connection with Sabre GLBL Inc.’s offers to exchange approximately $755 million of its existing 11.250% senior secured notes due 2027 and 8.625% senior secured notes due 2027 for approximately $800 million of new 10.750% senior secured notes due 2029. Davis Polk also advised Sabre GLBL Inc. in connection with the exchange of $775 million in existing secured term loans for secured term loans with an extended maturity date.

Sabre Corporation is a software and technology company that takes on the biggest opportunities and solves the most complex challenges in travel. Sabre connects travel suppliers and buyers around the globe and across the ecosystem through innovative products and next-generation technology solutions. Sabre harnesses speed, scale and insights to build tomorrow’s technology today – empowering airlines, hoteliers, agencies and other partners to retail, distribute and fulfill travel worldwide. Headquartered in Southlake, Texas, Sabre serves customers in more than 160 countries around the world.

The Davis Polk capital markets team includes partner Yasin Keshvargar, counsel Joze Vranicar and associate Sean Kennelly. The finance team includes partner Scott M. Herrig, counsel Benjamin Cheng and associate Liz Hadley. The intellectual property team includes partner Frank J. Azzopardi. The tax team includes partners Corey M. Goodman and Mario J. Verdolini and associates Dmitry Dobrovolskiy. All members of the Davis Polk team are based in the New York office.

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