Sabre Corp., the provider of travel data and reservation software whose businesses include Travelocity, is seeking as much as $895 million in an initial public offering.

The company, backed by TPG Capital and Silver Lake Management LLC, plans to offer 44.7 million shares for $18 to $20 apiece, according to a regulatory filing. The company plans to use the funds from the IPO to repay debt.

Sabre’s technology processes more than $100 billion of estimated travel spending each year, the Southlake, Texas-based company says. Customers include airlines, hotel providers, cruise lines and tour vendors. The former unit of AMR Corp. was traded on the New York Stock Exchange from 1996 until it was taken private a decade later by TPG and Silver Lake for about $5 billion, including debt.

Revenue at Sabre rose slightly to $3 billion in 2013, from 2012, while its losses narrowed to $137.2 million, the filings show. Morgan Stanley, Goldman Sachs Group Inc., Bank of America Corp., and Deutsche Bank AG are managing the offering.

Sabre has applied to list its share on the Nasdaq Stock Market under the symbol SABR.

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