---
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"
generated_at: "2026-06-05T00:32:41.387614+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Sabre exchanges $43.6M of 2025 notes for $50.1M of 8.625% 2027 notes

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-063807
- JSON: https://secwatch.observer/filing/0001193125-24-063807.json
- Plain text: https://secwatch.observer/filing/0001193125-24-063807.txt

## Key facts
- Debt Financings
  Sabre Corp incurred senior notes of $50.1 million with Computershare Trust Company, N.A. at 8.625% maturing 2027.
  - Instrument: senior notes
  - Principal: $50.1 million
  - Counterparty: Computershare Trust Company, N.A.
  - Rate: 8.625%
  - Maturity: 2027
  - Event: incurrence
  source text: Sabre GLBL issued approximately $50.1 million in additional aggregate principal amount of its 8.625% Senior Secured Notes due 2027
  evidence_url: https://www.sec.gov/Archives/edgar/data/1597033/000119312524063807/0001193125-24-063807-index.htm
- Material Agreements
  Sabre Corp entered into First Supplemental Indenture with Computershare Trust Company, N.A. valued at approximately $50.1 million (effective 2024-03-07).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Computershare Trust Company, N.A.
  - Value: approximately $50.1 million
  - Effective: 2024-03-07
  source text: Sabre GLBL issued approximately $50.1 million in additional aggregate principal amount of its 8.625% Senior Secured Notes due 2027
  evidence_url: https://www.sec.gov/Archives/edgar/data/1597033/000119312524063807/0001193125-24-063807-index.htm

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