SOUTHLAKE, Texas–(BUSINESS WIRE)–March 13, 2006–Sabre Holdings Corporation (NYSE:TSG) today announced it completed its $400 million offering of 10-year senior unsecured notes. The notes will pay a coupon of 6.35% and were priced at a yield of 6.40%. Proceeds from the offering will be used to partially refinance the bridge facility for the acquisition of lastminute.com.
Morgan Stanley & Co. Incorporated and Bear, Stearns & Co. Inc. acted as joint book-running managers for the offering.
Sabre Holdings supports travelers, travel agents, corporations, government agencies and travel suppliers by providing travel products and distribution and technology solutions through its companies: Travelocity, Sabre Travel Network and Sabre Airline Solutions. Headquartered in Southlake, Texas, the company operates in 45 countries. Sabre Holdings is traded on the NYSE under the symbol TSG.
CONTACT: Sabre Holdings, Southlake
Media Contact:
Michael Berman, 682-605-2397
michael.berman@sabre-holdings.com
or
Investor Relations Contact:
Karen Fugate, 682-605-2343
karen.fugate@sabre-holdings.com
SOURCE: Sabre Holdings Corporation
