Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
An announcement from Sabre (SABR) is now available.
Sabre and its subsidiaries have announced the exchange of $150 million in outstanding senior notes due in 2025 for new notes due in 2026, along with a $32.6 million cash payment to select institutional investors. The interest rate for the new notes will range between 4.00% to 7.50%, with terms allowing exchanges under specific conditions and guaranteeing a semi-annual interest payment. This strategic move does not constitute an offer to sell but is a forward-looking statement, indicating Sabre’s anticipation of its financial maneuvering and potential impact on its future operations.
Find detailed analytics on SABR stock on TipRanks’ Stock Analysis page.