Bulletin: Sabre Holdings Corp. Ratings Unaffected By Plan To File IPO - S&P Global Ratings’ Credit Research

Bulletin: Sabre Holdings Corp. Ratings Unaffected By Plan To File IPO

Bulletin: Sabre Holdings Corp. Ratings Unaffected By Plan To File IPO - S&P Global Ratings’ Credit Research
Bulletin: Sabre Holdings Corp. Ratings Unaffected By Plan To File IPO
Published Jan 30, 2014
Published Jan 30, 2014
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Abstract:

CHICAGO (Standard&Poor's) Jan. 30, 2014--Standard&Poor's Ratings Services said today that its ratings on Sabre Holdings Corp. are not currently affected by the company's IPO plans. The corporate credit rating on Sabre Holdings Corp. is 'B' with a negative outlook. Sabre Holdings Corp. recently filed an S-1 registration with the SEC, indicating its plans to file for an IPO. In its S-1 filing, Sabre Holdings Corp. did not indicate the size of the IPO offering and the likely use of proceeds. While we expect the company to use a portion of the IPO proceeds to repay existing debt, we cannot estimate the effect on leverage at this time. After Sabre Holdings clarifies the size of the IPO

  
Report Type:

Bulletin

Ticker
TSG
Issuer
GICS
Hotels, Resorts & Cruise Lines (25301020)
Sector
Global Issuers
Country
Region
Format:
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Bulletin: Sabre Holdings Corp. Ratings Unaffected By Plan To File IPO" Jan 30, 2014. Alacra Store. May 18, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Sabre-Holdings-Corp-Ratings-Unaffected-By-Plan-To-File-IPO-1252488>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: Sabre Holdings Corp. Ratings Unaffected By Plan To File IPO Jan 30, 2014. New York, NY: Alacra Store. Retrieved May 18, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Sabre-Holdings-Corp-Ratings-Unaffected-By-Plan-To-File-IPO-1252488>
  
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