S&P lifts Sabre GLBL, Sabre Holdings view to positive

S&P said it revised its outlook on Sabre Holdings Corp. and Sabre GLBL Inc. to positive from stable and affirmed the BB- corporate credit ratings on the companies.

S&P also assigned a BB- corporate credit rating to parent Sabre Corp. The outlook is positive.

The positive outlook on Sabre Corp., Sabre Holdings and Sabre GLBL Inc. (collectively Sabre) reflects S&P’s expectation that leverage will continue to decline due to good operating performance, and that the company's financial policy will continue to moderate, allowing debt leverage to remain comfortably below 4x in the long term, the agency said in a news release.

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