{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-088020","form_type":"8-K","ticker":"SABR","cik":"0001597033","company_name":"Sabre Corp","filed_at":"2023-03-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.764936+00:00","generated_at":"2026-06-17T07:53:15.052299+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Sabre Corp enters $200M AR securitization with PNC Bank; initial draw $115M","bullets":["Three-year committed AR facility of up to $200M with PNC Bank as administrative agent.","Initial borrowings of $115M drawn on March 30, 2023; proceeds support working capital.","Sabre subsidiaries sold/contributed receivables to special-purpose entity Sabre Securitization, LLC.","Facility structured as true sale; SPE assets not available to Sabre's other creditors.","Exact borrowings outstanding not publicly updated unless required by law."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-088020","json":"https://secwatch.observer/filing/0001193125-23-088020.json","markdown":"https://secwatch.observer/filing/0001193125-23-088020.md","text":"https://secwatch.observer/filing/0001193125-23-088020.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1597033/000119312523088020/0001193125-23-088020-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1597033/000119312523088020/d490456d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T07:53:15.052299+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c0c4baf73b1f4778b3a60cf8c7b27b9d62b721ba","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.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312523088020/0001193125-23-088020-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"SPE"},{"label":"Value","value":"$200 million"},{"label":"Effective","value":"2023-02-14"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}