{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-07-11T19:17:21.135444+00:00","company":{"ticker":"SABR","cik":1597033,"company_name":"Sabre Corp"},"pagination":{"limit":100,"returned":83,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","counterparties":{"contract_counterparty":[{"display_name":"Computershare Trust Company, N.A.","detail":"notes_offering","count":3,"first_seen":"2022-12-06T23:59:59+00:00","last_seen":"2024-03-08T23:59:59+00:00","evidence_fact_ids":[68729,114847,192876]},{"display_name":"PNC Bank, N.A.","detail":"credit_facility","count":2,"first_seen":"2023-02-17T23:59:59+00:00","last_seen":"2024-04-03T23:59:59+00:00","evidence_fact_ids":[63286,178452]},{"display_name":"U.S. Bank Trust Company, National Association","detail":"notes_offering","count":2,"first_seen":"2024-03-19T23:59:59+00:00","last_seen":"2026-05-19T20:31:17+00:00","evidence_fact_ids":[66165,96558]},{"display_name":"lenders led by affiliates of Centerbridge Partners, L.P.","detail":"credit_facility","count":2,"first_seen":"2023-05-25T23:59:59+00:00","last_seen":"2023-06-08T23:59:59+00:00","evidence_fact_ids":[141749,147660]},{"display_name":"Bank of America, N.A.","detail":"credit_facility","count":1,"first_seen":"2023-05-19T23:59:59+00:00","last_seen":"2023-05-19T23:59:59+00:00","evidence_fact_ids":[149809]},{"display_name":"Constellation Canadian Holdings Inc. and Constellation Software Inc.","detail":"other","count":1,"first_seen":"2026-03-05T23:59:59+00:00","last_seen":"2026-03-05T23:59:59+00:00","evidence_fact_ids":[29955]},{"display_name":"Equiniti Trust Company, LLC","detail":"other","count":1,"first_seen":"2026-03-02T23:59:59+00:00","last_seen":"2026-03-02T23:59:59+00:00","evidence_fact_ids":[30535]},{"display_name":"SPE","detail":"credit_facility","count":1,"first_seen":"2023-03-31T23:59:59+00:00","last_seen":"2023-03-31T23:59:59+00:00","evidence_fact_ids":[167815]},{"display_name":"Sabre GLBL, Inc.","detail":"credit_facility","count":1,"first_seen":"2023-06-16T23:59:59+00:00","last_seen":"2023-06-16T23:59:59+00:00","evidence_fact_ids":[137843]},{"display_name":"Wilmington Trust, National Association","detail":"notes_offering","count":1,"first_seen":"2025-12-11T23:59:59+00:00","last_seen":"2025-12-11T23:59:59+00:00","evidence_fact_ids":[128974]},{"display_name":"affiliates of Centerbridge Partners, L.P.","detail":"credit_facility","count":1,"first_seen":"2023-06-16T23:59:59+00:00","last_seen":"2023-06-16T23:59:59+00:00","evidence_fact_ids":[137842]}],"lender":[{"display_name":"Computershare Trust Company, N.A.","detail":"senior_notes","count":4,"first_seen":"2022-12-06T23:59:59+00:00","last_seen":"2025-06-05T23:59:59+00:00","evidence_fact_ids":[45788,68731,114848,192878]},{"display_name":"U.S. Bank Trust Company, National Association","detail":"convertible_notes","count":2,"first_seen":"2024-03-19T23:59:59+00:00","last_seen":"2026-05-19T20:31:17+00:00","evidence_fact_ids":[54933,66166]},{"display_name":"PNC Bank, N.A.","detail":"credit_facility","count":1,"first_seen":"2023-02-17T23:59:59+00:00","last_seen":"2023-02-17T23:59:59+00:00","evidence_fact_ids":[178457]},{"display_name":"PNC Bank, N.A., as administrative agent, structuring agent and lender, and various entities advised by affiliates of Centerbridge Partners, L.P.","detail":"credit_facility","count":1,"first_seen":"2024-04-03T23:59:59+00:00","last_seen":"2024-04-03T23:59:59+00:00","evidence_fact_ids":[63291]},{"display_name":"Sabre Financial Borrower, LLC","detail":"term_loan","count":1,"first_seen":"2023-06-16T23:59:59+00:00","last_seen":"2023-06-16T23:59:59+00:00","evidence_fact_ids":[137849]},{"display_name":"Wilmington Trust, National Association","detail":"senior_notes","count":1,"first_seen":"2025-12-11T23:59:59+00:00","last_seen":"2025-12-11T23:59:59+00:00","evidence_fact_ids":[36817]},{"display_name":"affiliates of Centerbridge Partners, L.P.","detail":"term_loan","count":1,"first_seen":"2023-06-16T23:59:59+00:00","last_seen":"2023-06-16T23:59:59+00:00","evidence_fact_ids":[137848]}],"ma_counterparty":[{"display_name":"Whitney Merger Sub, Inc.","detail":"disposition","count":1,"first_seen":"2025-07-07T23:59:59+00:00","last_seen":"2025-07-07T23:59:59+00:00","evidence_fact_ids":[28250]}]},"facts":[{"fact_type":"executive_change","fact_key":"0b36410a7b","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2026-05-20T20:05:12+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2026-07-01","interim":false,"role":"Vice President and Controller","role_category":"other_named_officer","successor_name":null,"successor_named":false},"claim":"Scott Hortenstine was appointed as Vice President and Controller at Sabre Corp.","evidence_excerpt":"On May 20, 2026, Sabre Corporation (“Sabre”) designated Scott Hortenstine, currently Vice President of Global Accounting, to be its principal accounting officer and to serve as its Vice President and Controller, effective July 1, 2026.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-26-232551","anchor_url":"https://secwatch.observer/filing/0001193125-26-232551#claim-0b36410a7b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312526232551/0001193125-26-232551-index.htm"},{"fact_type":"material_agreement","fact_key":"c278ff67b538003b835f4b44d42981f181d2dab2","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2026-05-19T20:31:17+00:00","payload":{"action":"entry","agreement_name":"New Exchangeable Notes Indenture","agreement_type":"notes_offering","counterparty":"U.S. Bank Trust Company, National Association","effective_date":"2026-05-18","item_codes_triggered":["1.01"],"value_text":"$150.0 million aggregate principal amount of 7.00% Exchangeable Senior Notes due 2031"},"claim":"Sabre Corp entered into New Exchangeable Notes Indenture with U.S. Bank Trust Company, National Association valued at $150.0 million aggregate principal amount of 7.00% Exchangeable Senior Notes due 2031 (effective 2026-05-18).","evidence_excerpt":"On May 18, 2026, Sabre GLBL Inc. (“Sabre GLBL”), a wholly-owned subsidiary of Sabre Corporation (“Sabre”), issued $150.0 million aggregate principal amount of 7.00% Exchangeable Senior Notes due 2031 (the “New Exchangeable Notes”) under an indenture, dated May 18, 2026 (the “New Exchangeable Notes Indenture”), among Sabre GLBL, as issuer, and Sabre and Sabre Holdings Corporation (“Sabre Holdings”), as guarantors, and U.S. Bank Trust Company, National Association, as trustee.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-26-230898","anchor_url":"https://secwatch.observer/filing/0001193125-26-230898#claim-c278ff67b538003b835f4b44d42981f181d2dab2","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312526230898/0001193125-26-230898-index.htm"},{"fact_type":"debt_financing","fact_key":"7cbfda5833b85b21d6f75af9493d398d4acbc693","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2026-05-19T20:31:17+00:00","payload":{"counterparty":"U.S. Bank Trust Company, National Association","effective_date":"2026-05-18","event":"incurrence","instrument_type":"convertible_notes","interest_rate_text":"7.00% per year","item_codes_triggered":["2.03"],"maturity_text":"May 15, 2031","principal_text":"$150.0 million aggregate principal amount"},"claim":"Sabre Corp incurred convertible notes of $150.0 million aggregate principal amount with U.S. Bank Trust Company, National Association at 7.00% per year maturing May 15, 2031.","evidence_excerpt":"On May 18, 2026, Sabre GLBL Inc. (“Sabre GLBL”), a wholly-owned subsidiary of Sabre Corporation (“Sabre”), issued $150.0 million aggregate principal amount of 7.00% Exchangeable Senior Notes due 2031 (the “New Exchangeable Notes”) under an indenture, dated May 18, 2026 (the “New Exchangeable Notes Indenture”), among Sabre GLBL, as issuer, and Sabre and Sabre Holdings Corporation (“Sabre Holdings”), as guarantors, and U.S. Bank Trust Company, National Association, as trustee.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-26-230898","anchor_url":"https://secwatch.observer/filing/0001193125-26-230898#claim-7cbfda5833b85b21d6f75af9493d398d4acbc693","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312526230898/0001193125-26-230898-index.htm"},{"fact_type":"earnings_release","fact_key":"e8ecdceec96052e5630ebe79939bda0334190611","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2026-05-07T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"reaffirmed","item_codes_triggered":["2.02"],"net_income_text":"$8 million","period_text":"the quarter ended March 31, 2026","report_date":"2026-05-07","result_type":"reported_results","revenue_text":"$760 million"},"claim":"Sabre Corp reported the quarter ended March 31, 2026 results: revenue $760 million, net income $8 million. Guidance reaffirmed.","evidence_excerpt":"15% • Sabre's AI platform successfully launched first agentic AI experience for travel with MindTrip and PayPal First Quarter 2026 Financial Results: • First quarter revenue of $760 million, up 8% from Q1'25 • Operating income of $116 million, up 27% from Q1'25 • Net income attributable to common stockholders of $8 million • Adjusted EBITDA (1) of $159 million, up","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001628280-26-031703","anchor_url":"https://secwatch.observer/filing/0001628280-26-031703#claim-e8ecdceec96052e5630ebe79939bda0334190611","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000162828026031703/0001628280-26-031703-index.htm"},{"fact_type":"shareholder_vote","fact_key":"51c9b6e7d23c2f91c8b8abe9d6c79ae0e3eed396","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2026-05-01T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-04-29","outcome":"passed","proposal_text":"Advisory Vote on Executive Compensation","proposal_type":"say_on_pay","results":[{"broker_non_votes":"35,400,334","subject":null,"votes_abstain":"11,586,054","votes_against":"31,418,800","votes_for":"236,547,802","votes_withheld":null}]},"claim":"Sabre Corp shareholders approved Advisory Vote on Executive Compensation at the 2026-04-29 meeting.","evidence_excerpt":"5. Stockholders approved the advisory and non-binding resolution to approve Sabre’s compensation of its named executive officers, as set forth below. Votes For Votes Against Abstentions Broker Non-Votes 236,547,802 31,418,800 11,586,054 35,400,334","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-26-201375","anchor_url":"https://secwatch.observer/filing/0001193125-26-201375#claim-51c9b6e7d23c2f91c8b8abe9d6c79ae0e3eed396","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312526201375/0001193125-26-201375-index.htm"},{"fact_type":"shareholder_vote","fact_key":"e790151e6e637d9d2a56d203a1d3912d8697998b","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2026-05-01T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-04-29","outcome":"passed","proposal_text":"Approval of 2026 Director Equity Compensation Plan","proposal_type":"equity_plan","results":[{"broker_non_votes":"35,400,334","subject":null,"votes_abstain":"11,444,262","votes_against":"23,801,666","votes_for":"244,306,728","votes_withheld":null}]},"claim":"Sabre Corp shareholders approved Approval of 2026 Director Equity Compensation Plan at the 2026-04-29 meeting.","evidence_excerpt":"4. Stockholders approved the 2026 Director Plan, as set forth below. Votes For Votes Against Abstentions Broker Non-Votes 244,306,728 23,801,666 11,444,262 35,400,334","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-26-201375","anchor_url":"https://secwatch.observer/filing/0001193125-26-201375#claim-e790151e6e637d9d2a56d203a1d3912d8697998b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312526201375/0001193125-26-201375-index.htm"},{"fact_type":"shareholder_vote","fact_key":"7e24dc5f8072d742d37f3b72fa47bd6696e56ae7","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2026-05-01T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-04-29","outcome":"passed","proposal_text":"Approval of 2026 Omnibus Incentive Compensation Plan","proposal_type":"equity_plan","results":[{"broker_non_votes":"35,400,334","subject":null,"votes_abstain":"11,476,889","votes_against":"79,308,617","votes_for":"188,767,150","votes_withheld":null}]},"claim":"Sabre Corp shareholders approved Approval of 2026 Omnibus Incentive Compensation Plan at the 2026-04-29 meeting.","evidence_excerpt":"3. Stockholders approved the 2026 Omnibus Plan, as set forth below. Votes For Votes Against Abstentions Broker Non-Votes 188,767,150 79,308,617 11,476,889 35,400,334","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-26-201375","anchor_url":"https://secwatch.observer/filing/0001193125-26-201375#claim-7e24dc5f8072d742d37f3b72fa47bd6696e56ae7","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312526201375/0001193125-26-201375-index.htm"},{"fact_type":"shareholder_vote","fact_key":"38e979c848b896dc4af82cf08b3e45b28e46cb2b","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2026-05-01T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-04-29","outcome":"passed","proposal_text":"Ratification of Independent Auditor","proposal_type":"auditor_ratification","results":[{"broker_non_votes":null,"subject":null,"votes_abstain":"134,373","votes_against":"6,562,978","votes_for":"308,255,639","votes_withheld":null}]},"claim":"Sabre Corp shareholders approved Ratification of Independent Auditor at the 2026-04-29 meeting.","evidence_excerpt":"2. Stockholders ratified the selection of Ernst & Young LLP as the Company’s independent auditor for the fiscal year ending December 31, 2026, as set forth below: Votes For Votes Against Abstentions 308,255,639 6,562,978 134,373","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-26-201375","anchor_url":"https://secwatch.observer/filing/0001193125-26-201375#claim-38e979c848b896dc4af82cf08b3e45b28e46cb2b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312526201375/0001193125-26-201375-index.htm"},{"fact_type":"shareholder_vote","fact_key":"d7908b1ad13eca51d0d47d5f2f378ac75c9d16a7","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2026-05-01T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-04-29","outcome":"passed","proposal_text":"Election of Directors","proposal_type":"director_election","results":[{"broker_non_votes":"35,400,334","subject":"George Bravante, Jr.","votes_abstain":"2,064,629","votes_against":"6,560,857","votes_for":"270,927,170","votes_withheld":null},{"broker_non_votes":"35,400,334","subject":"Hervé Couturier","votes_abstain":"2,029,961","votes_against":"3,240,408","votes_for":"274,282,287","votes_withheld":null},{"broker_non_votes":"35,400,334","subject":"Kurt Ekert","votes_abstain":"2,026,628","votes_against":"3,289,908","votes_for":"274,236,120","votes_withheld":null},{"broker_non_votes":"35,400,334","subject":"Eric Kelly","votes_abstain":"2,062,688","votes_against":"3,121,154","votes_for":"274,368,814","votes_withheld":null},{"broker_non_votes":"35,400,334","subject":"Gail Mandel","votes_abstain":"2,010,071","votes_against":"4,755,631","votes_for":"272,786,954","votes_withheld":null},{"broker_non_votes":"35,400,334","subject":"Damian McKay","votes_abstain":"2,049,929","votes_against":"2,468,424","votes_for":"275,034,303","votes_withheld":null},{"broker_non_votes":"35,400,334","subject":"Phyllis Newhouse","votes_abstain":"1,989,262","votes_against":"4,694,131","votes_for":"272,869,263","votes_withheld":null},{"broker_non_votes":"35,400,334","subject":"Elaine Paul","votes_abstain":"2,051,948","votes_against":"3,305,568","votes_for":"274,195,140","votes_withheld":null},{"broker_non_votes":"35,400,334","subject":"John Scott","votes_abstain":"2,063,348","votes_against":"4,412,731","votes_for":"273,076,577","votes_withheld":null},{"broker_non_votes":"35,400,334","subject":"Ashan Willy","votes_abstain":"2,065,466","votes_against":"3,125,047","votes_for":"274,362,143","votes_withheld":null}]},"claim":"Sabre Corp shareholders approved Election of Directors at the 2026-04-29 meeting.","evidence_excerpt":"1. Stockholders elected each of George Bravante, Jr., Hervé Couturier, Kurt Ekert, Eric Kelly, Gail Mandel, Damian McKay, Phyllis Newhouse, Elaine Paul, John Scott, and Ashan Willy to Sabre’s Board of Directors, each to serve a one-year term to expire at Sabre’s 2027 Annual Meeting of Stockholders and until their successors have been duly elected and qualified, as set forth below. Votes For Votes Against Abstentions Broker Non-Votes George Bravante, Jr. 270,927,170 6,560,857 2,064,629 35,400,334 Hervé Couturier 274,282,287 3,240,408 2,029,961 35,400,334 Kurt Ekert 274,236,120 3,289,908 2,026,628 35,400,334 Eric Kelly 274,368,814 3,121,154 2,062,688 35,400,334 Gail Mandel 272,786,954 4,755,631 2,010,071 35,400,334 Damian McKay 275,034,303 2,468,424 2,049,929 35,400,334 Phyllis Newhouse 272,869,263 4,694,131 1,989,262 35,400,334 Elaine Paul 274,195,140 3,305,568 2,051,948 35,400,334 John Scott 273,076,577 4,412,731 2,063,348 35,400,334 Ashan Willy 274,362,143 3,125,047 2,065,466 35,400,3","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-26-201375","anchor_url":"https://secwatch.observer/filing/0001193125-26-201375#claim-d7908b1ad13eca51d0d47d5f2f378ac75c9d16a7","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312526201375/0001193125-26-201375-index.htm"},{"fact_type":"governance_change","fact_key":"52b54a1213e421ae410b6445ff954c2c3d1245c3","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2026-03-05T23:59:59+00:00","payload":{"change_type":"charter_amendment","effective_date":"2026-03-01","item_codes_triggered":["5.03"],"summary_text":"Filed a Certificate of Designations of Series B Preferred Stock in connection with adoption of a Rights Agreement"},"claim":"Sabre Corp: Filed a Certificate of Designations of Series B Preferred Stock in connection with adoption of a Rights Agreement (effective 2026-03-01).","evidence_excerpt":"In connection with the adoption of the Rights Agreement, on March 1, 2026, the Company filed a Certificate of Designations of Series B Preferred Stock with the Secretary of State of the State of Delaware setting forth the rights, powers and preferences of the Series B Preferred Stock issuable upon exercise of the Rights (the “Preferred Shares”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-26-094301","anchor_url":"https://secwatch.observer/filing/0001193125-26-094301#claim-52b54a1213e421ae410b6445ff954c2c3d1245c3","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312526094301/0001193125-26-094301-index.htm"},{"fact_type":"material_agreement","fact_key":"5523feab8958aa0efad6b596c5622428f72f145d","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2026-03-05T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Strategic Governance Agreement","agreement_type":"other","counterparty":"Constellation Canadian Holdings Inc. and Constellation Software Inc.","effective_date":"2026-03-05","item_codes_triggered":["1.01"],"value_text":null},"claim":"Sabre Corp entered into Strategic Governance Agreement with Constellation Canadian Holdings Inc. and Constellation Software Inc. (effective 2026-03-05).","evidence_excerpt":"On March 5, 2026 (the \"Effective Date\"), Sabre Corporation, a Delaware corporation (the \"Company\") entered into a Strategic Governance Agreement (the \"Agreement\") with Constellation Canadian Holdings Inc., an Ontario corporation and Constellation Software Inc., an Ontario corporation","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-26-094301","anchor_url":"https://secwatch.observer/filing/0001193125-26-094301#claim-5523feab8958aa0efad6b596c5622428f72f145d","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312526094301/0001193125-26-094301-index.htm"},{"fact_type":"equity_issuance","fact_key":"e2ccf88ffcc8dd8fde0439197031ce3d5c409333","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2026-03-02T23:59:59+00:00","payload":{"action":"rights_modification","consideration_text":"at a price of $7.00 per one one-thousandth of a Preferred Share","effective_date":"2026-03-01","item_codes_triggered":["3.03"],"purchaser":null,"security_type":"preferred_stock","shares_text":"one preferred share purchase right (a 'Right') ... for each share of common stock"},"claim":"Sabre Corp issued one preferred share purchase right (a 'Right') ... for each share of common stock of preferred stock for at a price of $7.00 per one one-thousandth of a Preferred Share.","evidence_excerpt":"holder to purchase from the Company one one-thousandth of a share of Series B Preferred Stock, par value $0.01 per share, of the Company (the “Preferred Shares”) at a price of $7.00 per one one-thousandth of a Preferred Share represented by a Right, subject to adjustment. The Rights are in all respects subject to and governed by the provisions of the Rights","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-26-084293","anchor_url":"https://secwatch.observer/filing/0001193125-26-084293#claim-e2ccf88ffcc8dd8fde0439197031ce3d5c409333","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312526084293/0001193125-26-084293-index.htm"},{"fact_type":"governance_change","fact_key":"263aee38dbb1413debc1638922ae5974cc05ed04","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2026-03-02T23:59:59+00:00","payload":{"change_type":"charter_amendment","effective_date":null,"item_codes_triggered":["5.03"],"summary_text":"Filed Certificate of Designations of Series B Preferred Stock in connection with adoption of a Rights Agreement."},"claim":"Sabre Corp: Filed Certificate of Designations of Series B Preferred Stock in connection with adoption of a Rights Agreement.","evidence_excerpt":"In connection with the 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Revenue growth was driven by an increase in global air, hotel, and other travel bookings and favorable rate impacts in the Company's Travel Solutions business as international and corporate bookings continued to improve. Operating income was $47 million, a significant improvement versus operating loss of $261 million in 2022. The improvement in operating results was driven by the items impacting revenue described above, lower labor and professional services costs driven by our cost reduction plan, a decrease in stock-based compensation, a decrease in legal costs, lower depreciation and amortization, and a decrease in technology expenses including cost savings related to our mainframe offloads and data migrations. 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Revenue growth was driven by an increase in global air, hotel, and other travel bookings and favorable rate impacts in the Company's Travel Solutions business as international and corporate bookings continued to improve. Operating income was $37 million, an improvement versus operating loss of $55 million in the fourth quarter of 2022. The improvement in operating results was driven by the items impacting revenue described above, lower labor and professional services costs driven by our cost reduction plan, lower depreciation and amortization, and a decrease in technology expenses including cost savings related to our mainframe offloads and data migrations. These impacts were partially offset by increased Travel Solutions incentive expenses and Hospitality Solutions transaction-related costs. Net loss attributable to common stockholders totaled $96 million","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001597033-24-000017","anchor_url":"https://secwatch.observer/filing/0001597033-24-000017#claim-2a099704240c5b4a40eec849317fab7fe9fdf402","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000159703324000017/0001597033-24-000017-index.htm"},{"fact_type":"executive_change","fact_key":"7381e55866","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2024-02-08T23:59:59+00:00","payload":{"action":"retiring","action_category":"departure","departure_tone":"retirement","effective_date":"2024-02-16","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Zane Rowe departed as Director at Sabre Corp.","evidence_excerpt":"Also on February 8, 2024, Sabre announced that Rachel Gonzalez and Zane Rowe will be retiring from the Board, as well as from all Board committees on which they sit, effective February 16, 2024.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-24-027586","anchor_url":"https://secwatch.observer/filing/0001193125-24-027586#claim-7381e55866","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312524027586/0001193125-24-027586-index.htm"},{"fact_type":"executive_change","fact_key":"85a11f766f","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2024-02-08T23:59:59+00:00","payload":{"action":"retiring","action_category":"departure","departure_tone":"retirement","effective_date":"2024-02-16","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Rachel Gonzalez departed as Director at Sabre Corp.","evidence_excerpt":"Also on February 8, 2024, Sabre announced that Rachel Gonzalez and Zane Rowe will be retiring from the Board, as well as from all Board committees on which they sit, effective February 16, 2024.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-24-027586","anchor_url":"https://secwatch.observer/filing/0001193125-24-027586#claim-85a11f766f","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312524027586/0001193125-24-027586-index.htm"},{"fact_type":"executive_change","fact_key":"6039fc1f46","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2024-02-08T23:59:59+00:00","payload":{"action":"elected","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-02-16","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Elaine Paul was elected as Director at Sabre Corp.","evidence_excerpt":"On February 8, 2024, Sabre Corporation (“Sabre”) announced that that Sabre’s Board of Directors (the “Board”) has elected Elaine Paul as a director, effective February 16, 2024.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-24-027586","anchor_url":"https://secwatch.observer/filing/0001193125-24-027586#claim-6039fc1f46","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312524027586/0001193125-24-027586-index.htm"},{"fact_type":"earnings_release","fact_key":"a81a4e1f964cf4bd973de01a6bd1f65328d66284","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2023-11-02T23:59:59+00:00","payload":{"eps_text":"diluted net loss per share attributable to common stockholders of $0.61","guidance_signal":"raised","item_codes_triggered":["2.02"],"net_income_text":"net loss attributable to common stockholders of $212 million","period_text":"the quarter ended September 30, 2023","report_date":"2023-11-02","result_type":"reported_results","revenue_text":"$740 million"},"claim":"Sabre Corp reported the quarter ended September 30, 2023 results: revenue $740 million, net income net loss attributable to common stockholders of $212 million, EPS diluted net loss per share attributable to common stockholders of $0.61. 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(“Computershare”), as trustee and collateral agent, entered into an indenture (the “8.625% Secured Notes Indenture”) governing Sabre GLBL’s newly issued 8.625% Senior Secured Notes.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-23-230673","anchor_url":"https://secwatch.observer/filing/0001193125-23-230673#claim-5d18dcaf04da2602b088a42375bfc26fcdc94d30","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312523230673/0001193125-23-230673-index.htm"},{"fact_type":"earnings_release","fact_key":"73343b1dc6d1b84d0b6371ff1530fbf06d5ff3f9","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2023-08-03T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"raised","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"FY23","report_date":"2023-08-03","result_type":"guidance_update","revenue_text":null},"claim":"Sabre Corp updated its FY23 guidance (raised).","evidence_excerpt":"Sabre reports second quarter 2023 results that exceed prior guidance; Raises FY23 financial outlook","confidence":0.7,"filing_url":"https://secwatch.observer/filing/0001597033-23-000071","anchor_url":"https://secwatch.observer/filing/0001597033-23-000071#claim-73343b1dc6d1b84d0b6371ff1530fbf06d5ff3f9","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000159703323000071/0001597033-23-000071-index.htm"},{"fact_type":"earnings_release","fact_key":"a519d42af18ee3f4b1baaac06182d5e7b5d116df","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2023-08-03T23:59:59+00:00","payload":{"eps_text":"Adjusted EPS (1) of ($0.17)","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"second quarter 2023","report_date":"2023-08-03","result_type":"reported_results","revenue_text":null},"claim":"Sabre Corp reported second quarter 2023 results: EPS Adjusted EPS (1) of ($0.17).","evidence_excerpt":"Second quarter revenue of $738 million, up 12% from the second quarter 2022","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001597033-23-000071","anchor_url":"https://secwatch.observer/filing/0001597033-23-000071#claim-a519d42af18ee3f4b1baaac06182d5e7b5d116df","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000159703323000071/0001597033-23-000071-index.htm"},{"fact_type":"earnings_release","fact_key":"9d5796244d5892c139f8d3fb78ee5c4a384c2daa","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2023-08-03T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"raised","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"the quarter ended June 30, 2023","report_date":"2023-08-03","result_type":"reported_results","revenue_text":null},"claim":"Sabre Corp updated its the quarter ended June 30, 2023 guidance (raised).","evidence_excerpt":"On August 3, 2023, Sabre Corporation (“Sabre”) issued a press release and will hold a conference call regarding its financial results for the quarter ended June 30, 2023.","confidence":0.7,"filing_url":"https://secwatch.observer/filing/0001597033-23-000071","anchor_url":"https://secwatch.observer/filing/0001597033-23-000071#claim-9d5796244d5892c139f8d3fb78ee5c4a384c2daa","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000159703323000071/0001597033-23-000071-index.htm"},{"fact_type":"debt_financing","fact_key":"4bca8ca4aad7de470111583f581ba6cd5350fce7","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2023-06-16T23:59:59+00:00","payload":{"counterparty":"Sabre Financial Borrower, LLC","effective_date":"2023-06-13","event":"incurrence","instrument_type":"term_loan","interest_rate_text":"same economic terms as the Term Loan Facility: Reference Rate plus 25 basis poin","item_codes_triggered":["2.03"],"maturity_text":"December 15, 2028","principal_text":"$700 million"},"claim":"Sabre Corp incurred term loan of $700 million with Sabre Financial Borrower, LLC at same economic terms as the Term Loan Facility: Reference Rate plus 25 basis poin maturing December 15, 2028.","evidence_excerpt":"agent (the “Agent”). The Term Loan Credit Agreement provides for a senior secured term loan facility (the “Term Loan Facility”) by the Lenders to SPV Borrower of up to $700 million, subject to SPV Borrower using the proceeds from the Term Loan Facility for an intercompany loan (the “New Pari 1L Facility”) to Sabre GLBL, Inc. (“Sabre GLBL”). SPV Borrower’s","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-23-168444","anchor_url":"https://secwatch.observer/filing/0001193125-23-168444#claim-4bca8ca4aad7de470111583f581ba6cd5350fce7","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312523168444/0001193125-23-168444-index.htm"},{"fact_type":"debt_financing","fact_key":"9b455bd79bb815b22795a8131f2a178fe72e51b7","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2023-06-16T23:59:59+00:00","payload":{"counterparty":"affiliates of Centerbridge Partners, L.P.","effective_date":"2023-06-13","event":"incurrence","instrument_type":"term_loan","interest_rate_text":"Reference Rate plus 25 basis points for cash interest or 175 basis points for pa","item_codes_triggered":["2.03"],"maturity_text":"December 15, 2028","principal_text":"$700 million"},"claim":"Sabre Corp incurred term loan of $700 million with affiliates of Centerbridge Partners, L.P. at Reference Rate plus 25 basis points for cash interest or 175 basis points for pa maturing December 15, 2028.","evidence_excerpt":"agent (the “Agent”). The Term Loan Credit Agreement provides for a senior secured term loan facility (the “Term Loan Facility”) by the Lenders to SPV Borrower of up to $700 million, subject to SPV Borrower using the proceeds from the Term Loan Facility for an intercompany loan (the “New Pari 1L Facility”) to Sabre GLBL, Inc. (“Sabre GLBL”). SPV Borrower’s","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-23-168444","anchor_url":"https://secwatch.observer/filing/0001193125-23-168444#claim-9b455bd79bb815b22795a8131f2a178fe72e51b7","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312523168444/0001193125-23-168444-index.htm"},{"fact_type":"material_agreement","fact_key":"5c3fb6337cda02401e8fa234af747583b4e10048","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2023-06-16T23:59:59+00:00","payload":{"action":"entry","agreement_name":"New Pari 1L Credit Agreement","agreement_type":"credit_facility","counterparty":"Sabre GLBL, Inc.","effective_date":"2023-06-13","item_codes_triggered":["1.01"],"value_text":"$700 million"},"claim":"Sabre Corp entered into New Pari 1L Credit Agreement with Sabre GLBL, Inc. valued at $700 million (effective 2023-06-13).","evidence_excerpt":"On June 13, 2023, Sabre GLBL entered into the First Lien Pari Passu Credit Agreement (the “New Pari 1L Credit Agreement”), among Sabre GLBL, as borrower, Sabre Holdings Corporation, as guarantor (“Sabre Holdings”), SPV Borrower, as lender, and the Agent.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-23-168444","anchor_url":"https://secwatch.observer/filing/0001193125-23-168444#claim-5c3fb6337cda02401e8fa234af747583b4e10048","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312523168444/0001193125-23-168444-index.htm"},{"fact_type":"material_agreement","fact_key":"9b4eaf6ffc72224903c35ca4e4d67a62ffc91f42","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2023-06-16T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Term Loan Credit Agreement","agreement_type":"credit_facility","counterparty":"affiliates of Centerbridge Partners, L.P.","effective_date":"2023-06-13","item_codes_triggered":["1.01"],"value_text":"$700 million"},"claim":"Sabre Corp entered into Term Loan Credit Agreement with affiliates of Centerbridge Partners, L.P. valued at $700 million (effective 2023-06-13).","evidence_excerpt":"entered into the Term Loan Credit Agreement (the “Term Loan Credit Agreement”), among SPV Borrower, as borrower, Sabre Financing Holdings, LLC, as guarantor (“Holdings”), certain subsidiary guarantors party thereto, the lenders led by affiliates of Centerbridge Partners, L.P. (such lenders collectively, the “Lenders”), and Wilmington Trust, National Association, as administrative agent (the “Agent”).","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-23-168444","anchor_url":"https://secwatch.observer/filing/0001193125-23-168444#claim-9b4eaf6ffc72224903c35ca4e4d67a62ffc91f42","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312523168444/0001193125-23-168444-index.htm"},{"fact_type":"material_agreement","fact_key":"85e51c5a0bd08651c348e66446d72503f14657cd","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2023-06-08T23:59:59+00:00","payload":{"action":"amendment","agreement_name":"Amendment","agreement_type":"credit_facility","counterparty":"lenders led by affiliates of Centerbridge Partners, L.P.","effective_date":"2023-06-07","item_codes_triggered":["1.01"],"value_text":"$700 million"},"claim":"Sabre Corp amended Amendment with lenders led by affiliates of Centerbridge Partners, L.P. valued at $700 million (effective 2023-06-07).","evidence_excerpt":"On June 7, 2023, Sabre GLBL, Inc. (“Sabre GLBL”), a wholly-owned subsidiary of Sabre Corporation, entered into an amendment (the “Amendment”) to the commitment letter, dated May 25, 2023 (the “Commitment Letter”), with lenders led by affiliates of Centerbridge Partners, L.P. (such lenders collectively, the “Lenders”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-23-163063","anchor_url":"https://secwatch.observer/filing/0001193125-23-163063#claim-85e51c5a0bd08651c348e66446d72503f14657cd","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312523163063/0001193125-23-163063-index.htm"},{"fact_type":"material_agreement","fact_key":"fb2feff2675ba8a4d31bb1c805762e0c69762c0e","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2023-05-25T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Commitment Letter for Senior Secured Term Loan Facility","agreement_type":"credit_facility","counterparty":"lenders led by affiliates of Centerbridge Partners, L.P.","effective_date":"2023-05-25","item_codes_triggered":["1.01"],"value_text":"$665 million senior secured term loan facility"},"claim":"Sabre Corp entered into Commitment Letter for Senior Secured Term Loan Facility with lenders led by affiliates of Centerbridge Partners, L.P. valued at $665 million senior secured term loan facility (effective 2023-05-25).","evidence_excerpt":"On May 25, 2023, Sabre GLBL, Inc. (“Sabre GLBL”), a wholly-owned subsidiary of Sabre Corporation, entered into a commitment letter (the “Commitment Letter”) with lenders led by affiliates of Centerbridge Partners, L.P. (such lenders collectively, the “Lenders”), pursuant to which the Lenders committed to provide a senior secured term loan facility of up to $665 million (the “Term Loan Facility”) to Sabre Financial Borrower, LLC (the “Borrower”), a Delaware limited liability company and wholly-owned subsidiary of Sabre Corporation, subject to the Borrower using the proceeds from the Term Loan Facility for an intercompany loan (the “New Pari 1L Facility”) to Sabre GLBL.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-23-153616","anchor_url":"https://secwatch.observer/filing/0001193125-23-153616#claim-fb2feff2675ba8a4d31bb1c805762e0c69762c0e","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312523153616/0001193125-23-153616-index.htm"},{"fact_type":"material_agreement","fact_key":"3b5ed46bc2a1a63b6f1e78005199532d34c0f86b","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2023-05-19T23:59:59+00:00","payload":{"action":"amendment","agreement_name":"SOFR Amendment","agreement_type":"credit_facility","counterparty":"Bank of America, N.A.","effective_date":"2023-05-16","item_codes_triggered":["1.01"],"value_text":null},"claim":"Sabre Corp amended SOFR Amendment with Bank of America, N.A. (effective 2023-05-16).","evidence_excerpt":"On May 16, 2023, Sabre GLBL Inc. (the “Borrower”), a wholly-owned subsidiary of Sabre Corporation (“Sabre,” the “Corporation,” “we,” “us,” or “our”), entered into the SOFR Amendment (as defined below), dated May 16, 2023, amending the Borrower’s senior secured credit facilities.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-23-149378","anchor_url":"https://secwatch.observer/filing/0001193125-23-149378#claim-3b5ed46bc2a1a63b6f1e78005199532d34c0f86b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312523149378/0001193125-23-149378-index.htm"},{"fact_type":"executive_change","fact_key":"99d6d5b172","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2023-05-09T23:59:59+00:00","payload":{"action":"ceasing to serve","action_category":"departure","departure_tone":"not_disclosed","effective_date":"2023-05-08","interim":false,"role":"Executive Vice President and Chief Technology Officer","role_category":"other_named_officer","successor_name":null,"successor_named":false},"claim":"David Moore departed as Executive Vice President and Chief Technology Officer at Sabre Corp.","evidence_excerpt":"On May 8, 2023, Sabre Corporation (“Sabre”) approved David Moore’s ceasing to serve as Executive Vice President and Chief Technology Officer of Sabre, effective as of May 8, 2023.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-23-138919","anchor_url":"https://secwatch.observer/filing/0001193125-23-138919#claim-99d6d5b172","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312523138919/0001193125-23-138919-index.htm"},{"fact_type":"earnings_release","fact_key":"cdca92eed783c8b5ed1695810ccfa674cb0a9483","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2023-05-04T23:59:59+00:00","payload":{"eps_text":"$0.32","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"Net loss attributable to common stockholders of $104 million","period_text":"the quarter ended March 31, 2023","report_date":"2023-05-04","result_type":"reported_results","revenue_text":"$743 million"},"claim":"Sabre Corp reported the quarter ended March 31, 2023 results: revenue $743 million, net income Net loss attributable to common stockholders of $104 million, EPS $0.32.","evidence_excerpt":"First quarter revenue totaled $743 million, up 27% from the first quarter 2022 • Net loss attributable to common stockholders of $104 million and diluted net loss per share attributable to common stockholders of $0.32","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001597033-23-000044","anchor_url":"https://secwatch.observer/filing/0001597033-23-000044#claim-cdca92eed783c8b5ed1695810ccfa674cb0a9483","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000159703323000044/0001597033-23-000044-index.htm"},{"fact_type":"shareholder_vote","fact_key":"50e6d287f045489c15d299c5e4620c189d2ec703","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2023-04-28T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-04-26","outcome":"passed","proposal_text":"Advisory vote to approve the compensation of Sabre's named executive officers.","proposal_type":"say_on_pay","results":[{"broker_non_votes":"33,131,423","subject":null,"votes_abstain":"348,018","votes_against":"13,695,432","votes_for":"241,806,084","votes_withheld":"0"}]},"claim":"Sabre Corp shareholders approved Advisory vote to approve the compensation of Sabre's named executive officers. at the 2023-04-26 meeting.","evidence_excerpt":"4.    Stockholders approved the advisory and non-binding resolution to approve Sabre’s compensation of its named executive officers, as set forth below. Votes For Votes Against Abstentions Broker Non-Votes 241,806,084 13,695,432 348,018 33,131,423","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-23-126997","anchor_url":"https://secwatch.observer/filing/0001193125-23-126997#claim-50e6d287f045489c15d299c5e4620c189d2ec703","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312523126997/0001193125-23-126997-index.htm"},{"fact_type":"shareholder_vote","fact_key":"63f500f5bd947531af31c4fc7216d64ee1e91b00","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2023-04-28T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-04-26","outcome":"passed","proposal_text":"Approval of the Sabre Corporation 2023 Omnibus Incentive Compensation Plan.","proposal_type":"equity_plan","results":[{"broker_non_votes":"33,131,423","subject":null,"votes_abstain":"404,298","votes_against":"16,531,330","votes_for":"238,913,906","votes_withheld":"0"}]},"claim":"Sabre Corp shareholders approved Approval of the Sabre Corporation 2023 Omnibus Incentive Compensation Plan. at the 2023-04-26 meeting.","evidence_excerpt":"3.    Stockholders approved the 2023 Omnibus Plan, as set forth below. Votes For Votes Against Abstentions Broker Non-Votes 238,913,906 16,531,330 404,298 33,131,423","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-23-126997","anchor_url":"https://secwatch.observer/filing/0001193125-23-126997#claim-63f500f5bd947531af31c4fc7216d64ee1e91b00","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312523126997/0001193125-23-126997-index.htm"},{"fact_type":"shareholder_vote","fact_key":"6c51b3760ab191695b08bc7c6f58b7be92142421","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2023-04-28T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-04-26","outcome":"passed","proposal_text":"Ratification of the selection of Ernst & Young LLP as Sabre's independent auditor for fiscal year ending December 31, 2023.","proposal_type":"auditor_ratification","results":[{"broker_non_votes":"0","subject":null,"votes_abstain":"217,996","votes_against":"9,894,359","votes_for":"278,868,602","votes_withheld":"0"}]},"claim":"Sabre Corp shareholders approved Ratification of the selection of Ernst & Young LLP as Sabre's independent auditor for fiscal year ending December 31, 2023. at the 2023-04-26 meeting.","evidence_excerpt":"2.    Stockholders ratified the selection of Ernst & Young LLP as Sabre’s independent auditor for the fiscal year ending December 31, 2023, as set forth below. Votes For Votes Against Abstentions 278,868,602 9,894,359 217,996","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-23-126997","anchor_url":"https://secwatch.observer/filing/0001193125-23-126997#claim-6c51b3760ab191695b08bc7c6f58b7be92142421","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312523126997/0001193125-23-126997-index.htm"},{"fact_type":"shareholder_vote","fact_key":"23ae89bbce7108399af1d81cfa09fd876249682e","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2023-04-28T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-04-26","outcome":"passed","proposal_text":"Election of twelve directors to serve one-year terms.","proposal_type":"director_election","results":[{"broker_non_votes":"33,131,423","subject":"George Bravante, Jr.","votes_abstain":"522,834","votes_against":"5,884,444","votes_for":"249,442,256","votes_withheld":"0"},{"broker_non_votes":"33,131,423","subject":"Hervé Couturier","votes_abstain":"521,628","votes_against":"5,858,751","votes_for":"249,469,155","votes_withheld":"0"},{"broker_non_votes":"33,131,423","subject":"Kurt Ekert","votes_abstain":"236,836","votes_against":"1,056,936","votes_for":"254,555,762","votes_withheld":"0"},{"broker_non_votes":"33,131,423","subject":"Rachel Gonzalez","votes_abstain":"505,788","votes_against":"7,942,200","votes_for":"247,401,546","votes_withheld":"0"},{"broker_non_votes":"33,131,423","subject":"Gail Mandel","votes_abstain":"520,459","votes_against":"5,833,265","votes_for":"249,495,810","votes_withheld":"0"},{"broker_non_votes":"33,131,423","subject":"Sean Menke","votes_abstain":"235,400","votes_against":"3,757,090","votes_for":"251,857,044","votes_withheld":"0"},{"broker_non_votes":"33,131,423","subject":"Phyllis Newhouse","votes_abstain":"517,806","votes_against":"25,711,037","votes_for":"229,620,691","votes_withheld":"0"},{"broker_non_votes":"33,131,423","subject":"Karl Peterson","votes_abstain":"523,792","votes_against":"49,186,079","votes_for":"206,139,663","votes_withheld":"0"},{"broker_non_votes":"33,131,423","subject":"Zane Rowe","votes_abstain":"521,300","votes_against":"1,849,940","votes_for":"253,478,294","votes_withheld":"0"},{"broker_non_votes":"33,131,423","subject":"Gregg Saretsky","votes_abstain":"521,812","votes_against":"15,058,035","votes_for":"240,269,687","votes_withheld":"0"},{"broker_non_votes":"33,131,423","subject":"John Scott","votes_abstain":"522,140","votes_against":"4,187,264","votes_for":"251,140,130","votes_withheld":"0"},{"broker_non_votes":"33,131,423","subject":"Wendi Sturgis","votes_abstain":"518,754","votes_against":"3,121,529","votes_for":"252,209,251","votes_withheld":"0"}]},"claim":"Sabre Corp shareholders approved Election of twelve directors to serve one-year terms. at the 2023-04-26 meeting.","evidence_excerpt":"The final results of voting on each of the matters submitted to a vote of stockholders at the 2023 Annual Meeting are as follows: 1.    Stockholders elected each of George Bravante, Jr., Hervé Couturier, Kurt Ekert, Rachel Gonzalez, Gail Mandel, Sean Menke, Phyllis Newhouse, Karl Peterson, Zane Rowe, Gregg Saretsky, John Scott, and Wendi Sturgis to Sabre’s Board of Directors, each to serve a one-year term to expire at Sabre’s 2024 Annual Meeting of Stockholders and until their successors have been duly elected and qualified, as set forth below. Votes For Votes Against Abstentions Broker Non-Votes George Bravante, Jr. 249,442,256 5,884,444 522,834 33,131,423 Hervé Couturier 249,469,155 5,858,751 521,628 33,131,423 Kurt Ekert 254,555,762 1,056,936 236,836 33,131,423 Rachel Gonzalez 247,401,546 7,942,200 505,788 33,131,423 Gail Mandel 249,495,810 5,833,265 520,459 33,131,423 Sean Menke 251,857,044 3,757,090 235,400 33,131,423 Phyllis Newhouse 229,620,691 25,711,037 517,806 33,131,423 Karl","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-23-126997","anchor_url":"https://secwatch.observer/filing/0001193125-23-126997#claim-23ae89bbce7108399af1d81cfa09fd876249682e","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312523126997/0001193125-23-126997-index.htm"},{"fact_type":"material_agreement","fact_key":"c0c4baf73b1f4778b3a60cf8c7b27b9d62b721ba","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2023-03-31T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Sale and Contribution Agreements","agreement_type":"credit_facility","counterparty":"SPE","effective_date":"2023-02-14","item_codes_triggered":["1.01"],"value_text":"$200 million"},"claim":"Sabre Corp entered into Sale and Contribution Agreements with SPE valued at $200 million (effective 2023-02-14).","evidence_excerpt":"on February 14, 2023, Sabre Securitization, LLC, a special purpose entity (the “SPE”) that is an indirect subsidiary of Sabre Corporation (“Sabre” or the “Company”), entered into a three-year committed accounts receivable securitization facility (the “AR Facility”) of up to $200 million with PNC Bank, N.A., as administrative agent (the “Administrative Agent”), structuring agent and lender.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-23-088020","anchor_url":"https://secwatch.observer/filing/0001193125-23-088020#claim-c0c4baf73b1f4778b3a60cf8c7b27b9d62b721ba","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312523088020/0001193125-23-088020-index.htm"},{"fact_type":"executive_change","fact_key":"30bcd7652d","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2023-03-01T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2023-04-27","interim":false,"role":"Chief Executive Officer and President","role_category":"ceo","successor_name":null,"successor_named":false},"claim":"Kurt J. Ekert was appointed as Chief Executive Officer and President at Sabre Corp.","evidence_excerpt":"On March 1, 2023, Sabre Corporation (“Sabre”) announced that, effective April 27, 2023, Sean Menke, current Chair of the Board of Directors and Chief Executive Officer (“Chief Executive Officer”) of Sabre, will transition his role as CEO to Kurt J. Ekert, current President of Sabre.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-23-055196","anchor_url":"https://secwatch.observer/filing/0001193125-23-055196#claim-30bcd7652d","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312523055196/0001193125-23-055196-index.htm"},{"fact_type":"executive_change","fact_key":"4e3d553d9f","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2023-03-01T23:59:59+00:00","payload":{"action":"transitioned","action_category":"role_change","departure_tone":"not_applicable","effective_date":"2023-04-27","interim":false,"role":"Executive Chair of the Board","role_category":"chair","successor_name":"Kurt J. Ekert","successor_named":true},"claim":"Sean Menke changed role as Executive Chair of the Board at Sabre Corp.","evidence_excerpt":"On March 1, 2023, Sabre Corporation (“Sabre”) announced that, effective April 27, 2023, Sean Menke, current Chair of the Board of Directors and Chief Executive Officer (“Chief Executive Officer”) of Sabre, will transition his role as CEO to Kurt J. Ekert, current President of Sabre.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-23-055196","anchor_url":"https://secwatch.observer/filing/0001193125-23-055196#claim-4e3d553d9f","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312523055196/0001193125-23-055196-index.htm"},{"fact_type":"debt_financing","fact_key":"d0c18c795113159709729ca2f35b4b0479e376bd","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2023-02-17T23:59:59+00:00","payload":{"counterparty":"PNC Bank, N.A.","effective_date":"2023-02-14","event":"incurrence","instrument_type":"credit_facility","interest_rate_text":"SOFR plus a drawn fee initially in the amount of 225 bps","item_codes_triggered":["2.03"],"maturity_text":"February 2026","principal_text":"up to $200 million"},"claim":"Sabre Corp incurred credit facility of up to $200 million with PNC Bank, N.A. at SOFR plus a drawn fee initially in the amount of 225 bps maturing February 2026.","evidence_excerpt":"On February 14, 2023 (the “Closing Date”), Sabre Securitization, LLC, a special purpose entity (the “SPE”) that is an indirect subsidiary of Sabre Corporation (“Sabre” or the “Company”), entered into a three-year committed accounts receivable securitization facility (the “AR Facility”) of up to $200 million with PNC Bank, N.A., as administrative agent (the “Administrative Agent”), structuring agent and lender.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-23-042021","anchor_url":"https://secwatch.observer/filing/0001193125-23-042021#claim-d0c18c795113159709729ca2f35b4b0479e376bd","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312523042021/0001193125-23-042021-index.htm"},{"fact_type":"material_agreement","fact_key":"7f6a9daab168ef389374cef708f9f8fcf3906872","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2023-02-17T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Receivables Financing Agreement","agreement_type":"credit_facility","counterparty":"PNC Bank, N.A.","effective_date":"2023-02-14","item_codes_triggered":["1.01"],"value_text":"up to $200 million"},"claim":"Sabre Corp entered into Receivables Financing Agreement with PNC Bank, N.A. valued at up to $200 million (effective 2023-02-14).","evidence_excerpt":"On February 14, 2023 (the “Closing Date”), Sabre Securitization, LLC, a special purpose entity (the “SPE”) that is an indirect subsidiary of Sabre Corporation (“Sabre” or the “Company”), entered into a three-year committed accounts receivable securitization facility (the “AR Facility”) of up to $200 million with PNC Bank, N.A., as administrative agent (the “Administrative Agent”), structuring agent and lender.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-23-042021","anchor_url":"https://secwatch.observer/filing/0001193125-23-042021#claim-7f6a9daab168ef389374cef708f9f8fcf3906872","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312523042021/0001193125-23-042021-index.htm"},{"fact_type":"earnings_release","fact_key":"87f8850a6cb9e53a2ba0c9fcea879662217c06bf","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2023-02-15T23:59:59+00:00","payload":{"eps_text":"Net loss attributable to common stockholders per share totaled $0.50 in the fourth quarter and $1.40 for the full year","guidance_signal":"reaffirmed","item_codes_triggered":["2.02"],"net_income_text":"Net loss attributable to common stockholders totaled $165 million in the fourth quarter and $457 million for the full ye","period_text":"the quarter and year ended December 31, 2022","report_date":"2023-02-15","result_type":"reported_results","revenue_text":"$631 million in the fourth quarter, up 26% from 2021 and $2.5 billion for the full year, a 50% increase from 2021"},"claim":"Sabre Corp reported the quarter and year ended December 31, 2022 results: revenue $631 million in the fourth quarter, up 26% from 2021 and $2.5 billion for the full year, a 50% increase from 2021, net income Net loss attributable to common stockholders totaled $165 million in the fourth quarter and $457 million for the full ye, EPS Net loss attributable to common stockholders per share totaled $0.50 in the fourth quarter and $1.40 for the full year. Guidance reaffirmed.","evidence_excerpt":"Sabre reports continued improvement in 2022 results and reiterates expectations for positive free cash flow for full year 2023","confidence":0.85,"filing_url":"https://secwatch.observer/filing/0001597033-23-000005","anchor_url":"https://secwatch.observer/filing/0001597033-23-000005#claim-87f8850a6cb9e53a2ba0c9fcea879662217c06bf","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000159703323000005/0001597033-23-000005-index.htm"},{"fact_type":"governance_change","fact_key":"30951c75d994d32241a641b8c3ac3c52e76e3810","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2022-12-06T23:59:59+00:00","payload":{"change_type":"bylaw_amendment","effective_date":"2022-12-06","item_codes_triggered":["5.03"],"summary_text":"Adopted Seventh Amended and Restated Bylaws to conform to SEC Universal Proxy Rules, recent DGCL amendments, and periodic review; includes changes to advance notice provisions, Universal Proxy Rules compliance, and gender neutrality updates."},"claim":"Sabre Corp: Adopted Seventh Amended and Restated Bylaws to conform to SEC Universal Proxy Rules, recent DGCL amendments, and periodic review; includes changes to advance notice provisions, Universal Proxy Rules compliance, and gender neutrality updates (effective 2022-12-06).","evidence_excerpt":"On December 6, 2022, the Board of Directors of Sabre adopted the Seventh Amended and Restated Bylaws (the “Amended and Restated Bylaws”) of the Company (as amended and restated, the “Amended and Restated Bylaws”), in connection with the new Securities and Exchange Commission rules regarding Universal Proxy Rules (as defined below), certain recent changes to the Delaware General Corporation Law (the “DGCL”) and a periodic review of the bylaws.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-22-299495","anchor_url":"https://secwatch.observer/filing/0001193125-22-299495#claim-30951c75d994d32241a641b8c3ac3c52e76e3810","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312522299495/0001193125-22-299495-index.htm"},{"fact_type":"debt_financing","fact_key":"2c52982b305d0d4482ac092d91581b25ab637e65","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2022-12-06T23:59:59+00:00","payload":{"counterparty":"Computershare Trust Company, N.A.","effective_date":"2022-12-06","event":"incurrence","instrument_type":"senior_notes","interest_rate_text":"11.250% per year","item_codes_triggered":["2.03"],"maturity_text":"December 15, 2027","principal_text":"$555 million aggregate principal amount"},"claim":"Sabre Corp incurred senior notes of $555 million aggregate principal amount with Computershare Trust Company, N.A. at 11.250% per year maturing December 15, 2027.","evidence_excerpt":"On December 6, 2022, Sabre GLBL Inc. (the “Issuer”), a wholly-owned subsidiary of Sabre Corporation (“Sabre,” the “Company,” “we,” “us,” or “our”), Sabre Holdings Corporation (“Holdings”) and certain of the Issuer’s subsidiaries, as guarantors (collectively, with Holdings, the “Guarantors”), and Computershare Trust Company, N.A. (“Computershare”) as trustee and collateral agent, entered into an indenture (the “Senior Secured Notes Indenture”) governing the Issuer’s newly issued $555 million aggregate principal amount of 11.250% senior secured notes due 2027 (the “Senior Secured Notes”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-22-299495","anchor_url":"https://secwatch.observer/filing/0001193125-22-299495#claim-2c52982b305d0d4482ac092d91581b25ab637e65","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312522299495/0001193125-22-299495-index.htm"},{"fact_type":"material_agreement","fact_key":"69d3de14b22464d31473a41dfd5980717d7c4561","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2022-12-06T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Senior Secured Notes Indenture","agreement_type":"notes_offering","counterparty":"Computershare Trust Company, 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Corp","filed_at":"2022-11-02T23:59:59+00:00","payload":{"eps_text":"$0.43","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$141 million","period_text":"the quarter ended September 30, 2022","report_date":"2022-11-02","result_type":"reported_results","revenue_text":"$663 million"},"claim":"Sabre Corp reported the quarter ended September 30, 2022 results: revenue $663 million, net income $141 million, EPS $0.43.","evidence_excerpt":"Third quarter revenue totaled $663 million • Net loss attributable to common stockholders of $141 million and diluted net loss per share attributable to common stockholders of $0.43","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001628280-22-027666","anchor_url":"https://secwatch.observer/filing/0001628280-22-027666#claim-1980d46ed70a0a026e045aeb83d54ffc317a62fc","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1597033/000162828022027666/0001628280-22-027666-index.htm"},{"fact_type":"executive_change","fact_key":"1c37d5ab6e","cik":1597033,"ticker":"SABR","company_name":"Sabre Corp","filed_at":"2022-10-20T23:59:59+00:00","payload":{"action":"elected","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2022-10-20","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Rachel Gonzalez was elected as Director at Sabre Corp.","evidence_excerpt":"Effective October 20, 2022, the Board of Directors (the “Board”) of Sabre Corporation (“Sabre”) elected Rachel Gonzalez as a 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