---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-163063"
form_type: "8-K"
ticker: "SABR"
cik: "0001597033"
company_name: "Sabre Corp"
filed_at: "2023-06-08T23:59:59+00:00"
generated_at: "2026-06-14T04:58:30.043246+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Sabre increases senior secured term loan facility to $700M, adds $35M extended commitment

## Summary
- Term loan facility increased from $665M to $700M; $35M available as Extended Term Loan Commitments.
- Interest rate: floating based on average highest yield of outstanding third-party debt plus 25 bps cash / 175 bps PIK.
- Prepayment premiums: make-whole before 2nd anniversary; 25% of interest margin between 2nd and 3rd anniversary.
- Proceeds to fund intercompany New Pari 1L Facility and to repurchase existing senior secured notes.
- Lenders: Centerbridge, Oaktree, Oak Hill, JPMorgan; Amendment dated June 7, 2023.

## SEC filing metadata
- accession: 0001193125-23-163063
- form_type: 8-K
- ticker: SABR
- cik: 0001597033
- company_name: Sabre Corp
- filed_at: 2023-06-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1597033/000119312523163063/0001193125-23-163063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1597033/000119312523163063/d519212d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-163063
- JSON: https://secwatch.observer/filing/0001193125-23-163063.json
- Plain text: https://secwatch.observer/filing/0001193125-23-163063.txt

## Key facts
- Material Agreements
  Sabre Corp amended Amendment with lenders led by affiliates of Centerbridge Partners, L.P. valued at $700 million (effective 2023-06-07).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: lenders led by affiliates of Centerbridge Partners, L.P.
  - Value: $700 million
  - Effective: 2023-06-07
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1597033/000119312523163063/0001193125-23-163063-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.