Sabre Corporation Announces Closing of Secondary Offering of Common Stock

  • Sabre Hospitality Solutions (CRS and other solutions)
  • 03.16.18
Sabre Corporation announced the closing of a secondary public offering by existing stockholders affiliated with TPG Global, LLC and Silver Lake Management Company II, L.L.C. (the "Selling Stockholders") of 15,000,000 shares of common stock at a price to the public of $22.45 per share. The Selling Stockholders received all of the net proceeds from the offering. No shares were sold by the Company.

Morgan Stanley acted as the sole underwriter for the 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 may be obtained from Morgan Stanley & Co. LLC, Attention: Prospectus department: 180 Varick Street, 2nd Floor, New York, NY 10014.
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.

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