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 convertible notes of $150.0 million aggregate principal amount with U.S. Bank Trust Company, National Association at 7.32% per year maturing August 1, 2026.
- Instrument
- convertible notes
- Principal
- $150.0 million aggregate principal amount
- Counterparty
- U.S. Bank Trust Company, National Association
- Rate
- 7.32% per year
- Maturity
- August 1, 2026
- Event
- incurrence
Exact text from the filing
Agreement In connection with the previously announced exchange (the “Exchange”) by Sabre GLBL Inc. (“Sabre GLBL”), a wholly-owned subsidiary of Sabre Corporation (“Sabre”), of $150.0 million aggregate principal amount of its outstanding 4.000% Exchangeable Senior Notes due 2025 (the “Existing Exchangeable Notes”) for $150.0 million aggregate principal amount of Sabre
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Sabre Corp entered into New Exchangeable Notes Indenture with U.S. Bank Trust Company, National Association valued at $150.0 million aggregate principal amount (effective 2024-03-19).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- U.S. Bank Trust Company, National Association
- Value
- $150.0 million aggregate principal amount
- Effective
- 2024-03-19
Exact text from the filing
In connection with the previously announced exchange (the “Exchange”) by Sabre GLBL Inc. (“Sabre GLBL”), a wholly-owned subsidiary of Sabre Corporation (“Sabre”), of $150.0 million aggregate principal amount of its outstanding 4.000% Exchangeable Senior Notes due 2025 (the “Existing Exchangeable Notes”) for $150.0 million aggregate principal amount of Sabre GLBL’s newly-issued 7.32% Exchangeable Senior Notes due 2026 (the “New Exchangeable Notes”) and approximately $32.6 million of cash, Sabre GLBL, as issuer, and Sabre and Sabre Holdings Corporation (“Sabre Holdings”), as guarantors, and U.S. Bank Trust Company, National Association, as trustee, entered into an indenture, dated March 19, 2024 (the “New Exchangeable Notes Indenture”), governing the New Exchangeable Notes.
View on SEC.gov