{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-063807","form_type":"8-K","ticker":"SABR","cik":"0001597033","company_name":"Sabre Corp","filed_at":"2024-03-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.754505+00:00","generated_at":"2026-06-05T00:32:41.387614+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Sabre exchanges $43.6M of 2025 notes for $50.1M of 8.625% 2027 notes","bullets":["Exchanged $36.2M in 7.375% notes due 2025 and $7.4M in 9.250% notes due 2025 for $50.1M in additional 8.625% notes due 2027 plus $256K cash for accrued interest.","No cash proceeds received; exchange based on privately negotiated agreements with qualified institutional buyers.","Post-exchange, outstanding 7.375% notes due 2025: ~$26.8M; 9.250% notes due 2025: ~$31.5M; 2027 notes total: ~$903.1M.","2027 notes mature June 1, 2027, bear 8.625% interest, redeemable at 104.313% from March 1, 2025.","Notes are senior secured, rank equally with existing senior secured debt, and are guaranteed by Sabre Holdings and restricted subsidiaries."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-063807","json":"https://secwatch.observer/filing/0001193125-24-063807.json","markdown":"https://secwatch.observer/filing/0001193125-24-063807.md","text":"https://secwatch.observer/filing/0001193125-24-063807.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1597033/000119312524063807/0001193125-24-063807-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1597033/000119312524063807/d808338d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T00:32:41.387614+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":"9432c2fdd73dff66931a50f1efefa07563644b0d","claim":"Sabre Corp incurred senior notes of $50.1 million with Computershare Trust Company, N.A. at 8.625% maturing 2027.","evidence_excerpt":"Sabre GLBL issued approximately $50.1 million in additional aggregate principal amount of its 8.625% Senior Secured Notes due 2027","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312524063807/0001193125-24-063807-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$50.1 million"},{"label":"Counterparty","value":"Computershare Trust Company, N.A."},{"label":"Rate","value":"8.625%"},{"label":"Maturity","value":"2027"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"504a37468d83fc9c892ff4abdc8d227828b13095","claim":"Sabre Corp entered into First Supplemental Indenture with Computershare Trust Company, N.A. valued at approximately $50.1 million (effective 2024-03-07).","evidence_excerpt":"Sabre GLBL issued approximately $50.1 million in additional aggregate principal amount of its 8.625% Senior Secured Notes due 2027","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312524063807/0001193125-24-063807-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Computershare Trust Company, N.A."},{"label":"Value","value":"approximately $50.1 million"},{"label":"Effective","value":"2024-03-07"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}