TMCnet News
Sabre Corporation Announces Pricing of Secondary Offering of Common StockSOUTHLAKE, 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 [email protected], or BofA Merrill Lynch, 222 Broadway, New York, NY 10038, Attention: Prospectus Department, or by email at [email protected], or Morgan Staney & 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 [email protected], 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 [email protected]. 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 Cautionary Note Regarding Forward-Looking Statements Investor Relations: Media:
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/sabre-corporation-announces-pricing-of-secondary-offering-of-common-stock-300087036.html SOURCE Sabre Corporation |