We advised Sabre on its exchange of senior secured notes

Davis Polk advised Sabre Corporation in connection with a private exchange of approximately $43.6 million aggregate principal amount of senior secured notes due in 2025 for a consideration consisting of approximately $50.1 million in additional aggregate principal amount of previously issued 8.625% senior secured notes due 2027 and accrued interest.

Sabre Corporation is a leading software and technology company that powers the global travel industry, serving a wide range of travel companies including airlines, hoteliers, travel agencies and other suppliers. It provides retailing, distribution and fulfillment solutions that help its customers operate more efficiently, drive revenue and offer personalized traveler experiences.

The Davis Polk capital markets team included partner Yasin Keshvargar, counsel Joze Vranicar and associates Soo Kyung Chae and Sean Kennelly. The tax team included partner Corey M. Goodman and counsel Aliza Slansky. The finance team included partner Scott M. Herrig and counsel David J. Kennedy. All members of the Davis Polk team are based in the New York office.