Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
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.
- Instrument
- term loan
- Principal
- $700 million
- Counterparty
- Sabre Financial Borrower, LLC
- Rate
- same economic terms as the Term Loan Facility: Reference Rate plus 25 basis poin
- Maturity
- December 15, 2028
- Event
- incurrence
Exact text from the filing
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
View on SEC.gov
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
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.
- Instrument
- term loan
- Principal
- $700 million
- Counterparty
- affiliates of Centerbridge Partners, L.P.
- Rate
- Reference Rate plus 25 basis points for cash interest or 175 basis points for pa
- Maturity
- December 15, 2028
- Event
- incurrence
Exact text from the filing
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
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Sabre Corp entered into New Pari 1L Credit Agreement with Sabre GLBL, Inc. valued at $700 million (effective 2023-06-13).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Sabre GLBL, Inc.
- Value
- $700 million
- Effective
- 2023-06-13
Exact text from the filing
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.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Sabre Corp entered into Term Loan Credit Agreement with affiliates of Centerbridge Partners, L.P. valued at $700 million (effective 2023-06-13).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- affiliates of Centerbridge Partners, L.P.
- Value
- $700 million
- Effective
- 2023-06-13
Exact text from the filing
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”).
View on SEC.gov