---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-205098"
form_type: "8-K"
ticker: "SABR"
cik: "0001597033"
company_name: "Sabre Corp"
filed_at: "2023-08-07T23:59:59+00:00"
generated_at: "2026-06-12T04:18:04.857513+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sabre launches exchange offers for up to $955M of 2025 notes to extend maturity to 2027

## Summary
- Exchange offer for $850M 7.375% and $104.9M 9.25% senior secured notes due 2025.
- For each $1,000 principal: $85 cash + $1,000 new 8.625% notes due 2027; early tender gets extra $50 cash.
- Max cash consideration ~$129M; new notes mature June 1, 2027, callable March 2025 at 104.313%.
- Minimum condition: $250M of new notes must be issued.
- Expires Sep 5, 2023; early tender deadline Aug 18, 2023.

## SEC filing metadata
- accession: 0001193125-23-205098
- form_type: 8-K
- ticker: SABR
- cik: 0001597033
- company_name: Sabre Corp
- filed_at: 2023-08-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1597033/000119312523205098/0001193125-23-205098-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1597033/000119312523205098/d530036d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-205098
- JSON: https://secwatch.observer/filing/0001193125-23-205098.json
- Plain text: https://secwatch.observer/filing/0001193125-23-205098.txt

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