SOUTHLAKE, Texas, Feb. 10, 2015 /PRNewswire/ -- Sabre Corporation
("Sabre" or the "Company") (NASDAQ: SABR) today announced the
closing of a public offering by existing stockholders affiliated
with TPG Global, LLC and Silver Lake Management Company, L.L.C. and
certain members of Company management of 27,370,000 shares of
common stock, including 3,570,000 shares of common stock sold
pursuant to the full exercise of the underwriters' option to
purchase additional shares. The Company did not sell any shares in
this offering and did not receive any proceeds from the sale of the
shares by the selling stockholders.
Goldman, Sachs & Co., BofA Merrill Lynch, Morgan Stanley and
Deutsche Bank acted as joint bookrunners for this offering. In
addition, Evercore ISI, Jefferies, Foros, TPG Capital BD, LLC,
Cowen and Company, Bernstein, William
Blair, Mizuho Securities, Natixis and The Williams Capital
Group, L.P. acted as co-managers for this offering.
A registration statement related to these securities was
declared effective as of February 4,
2015 by the Securities and Exchange Commission. The offering
was made only by means of the written prospectus forming part of
the effective registration statement. A final prospectus describing
the terms of the offering has been filed with the SEC. A copy
of the final prospectus related to the offering 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.
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 (NASDAQ: SABR) 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 $100 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 "Risk Factors" and "Cautionary
Note Regarding Forward-Looking Statements" sections of Sabre's
registration statement on Form S-1, the "Risk Factors" and
"Forward-Looking Statements" sections of its Quarterly Report on
Form 10-Q, and any of Sabre's other applicable filings with the
Securities and Exchange Commission. 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
Investors
Barry Sievert
682-605-0214
Barry.sievert@sabre.com
Media
Nancy St. Pierre
682-605-3864
Nancy.st.pierre@sabre.com
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SOURCE Sabre Corporation