Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock (SABRP)

SABRP was delisted on the 31st of August, 2023.

• Market cap: $235M
• Sector: Communication Services
• Industry: Internet Content & Information

About: Sabre holds the number-two share of global distribution system for air bookings. The travel solutions segment represented 91% of total 2022 revenue, split between distribution (70% of segment sales) and airline IT solutions (30%) revenue. The company also has a growing hotel IT solutions division (10% of revenue). Transaction fees, which are mostly tied to volume and not price, account for the bulk of sales and profits.

Employees: 7,461