Sabre has confirmed the price range for its initial public offering on the Nasdaq with the company seeking up to $895 million.
According to a filing with the Securities and Exchange Commission in the US, the global distribution giant expects the stock price range to be between $18 and $20 and it is offering 44.7 million shares.
This values the company at just under $5 billion.
The filing puts the date of commencement of public offering at 'as soon as practicable' after 4 April and Sabre will list as SABR.
Sabre announced its intention to float in late January after six-and-a-half years as a private company following its acquisition by Silver Lake Partners and TPG for $5 billion. It had originally listed in 2000.
In the S-1 document filed at the time provides a huge amount of detail on what the company sees as its competitive strengths supported by current market trends.
The paperwork also sets out the many risks, internal and external, that the travel industry is susceptible to.