{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-153616","form_type":"8-K","ticker":"SABR","cik":"0001597033","company_name":"Sabre Corp","filed_at":"2023-05-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.589569+00:00","generated_at":"2026-06-14T14:34:55.269180+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Sabre obtains $665M commitment from Centerbridge-led lenders, launches $615M tender for existing notes","bullets":["New senior secured term loan facility of up to $665M, maturing Dec 15, 2028, with floating interest (initial 13% reference rate).","Tender offers for 9.250% 2025, 7.375% 2025, and 11.250% 2027 notes up to $615M aggregate purchase price.","Early tender premium $50/$1,000; total consideration $840–$970 per $1,000 depending on series.","Tender offers expire June 26, 2023; early tender deadline June 9; closing conditioned on definitive docs by July 24.","Proceeds primarily used to repurchase outstanding secured debt and pay fees; liquidity covenant of $100M."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-153616","json":"https://secwatch.observer/filing/0001193125-23-153616.json","markdown":"https://secwatch.observer/filing/0001193125-23-153616.md","text":"https://secwatch.observer/filing/0001193125-23-153616.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1597033/000119312523153616/0001193125-23-153616-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1597033/000119312523153616/d490581d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T14:34:55.269180+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":"fb2feff2675ba8a4d31bb1c805762e0c69762c0e","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.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312523153616/0001193125-23-153616-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"lenders led by affiliates of Centerbridge Partners, L.P."},{"label":"Value","value":"$665 million senior secured term loan facility"},{"label":"Effective","value":"2023-05-25"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}