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Monday, August 28, 2023

Equity Corporate Actions Alert #2023 - 495
(UPDATED: Conversion rate established) Information Regarding the Mandatory Conversion of Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock (SABRP)

Category:

  • Industry Announcement

Markets Impacted:

Contact Information:

  • Jay Heller at +1 212 401 8932
  • Nasdaq Corporate Data Operations at +1 877 308 0523
  • Nasdaq Trading Services at +1 212 231 5100

Resources:

The mandatory conversion of Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock (SABRP) is set to occur on September 1, 2023. Following the close of business on August 31, 2023 the security will be suspended from trading. The suspension details are as follows:

Company Name/Issue: Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock
CUSIP: 78573M203
Symbol: SABRP
Marketplace Effective Date for Suspension: September 1, 2023
Conversion Rate:
 14.2857 shares of Sabre Corporation Common Stock for each of Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock held.

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