** Travel technology firm Sabre SABR.O shares down 4.9% to $1.64 and falling for fifth straight session after debt refinancing-related raise

** Southlake, Texas-based SABR early Thurs says privately sold $150 mln 7% exchangeable notes due 2031, including to certain existing stockholders

** Co intends to use portion of net proceeds to repurchase $100 mln of its 7.32% outstanding exchangeable notes due 2026

** It says plans to use remainder to repay/repurchase/retire the existing exchangeable notes, "ultimately resulting in no incremental indebtedness being incurred as a result of this transaction"

** Last Thurs, SABR shares rose 13% to close at $2.07 after co reported Q1 rev of $760 mln, topping LSEG consensus, as marketplace rev grew 9% yr/yr, driven by increased distribution bookings and higher average booking fees

** Including today's decline, SABR shares up 20% YTD for roughly $650 mln market cap

** 1 analyst rates the stock "strong buy", 5 rate "hold"; median PT $2 - LSEG