{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-297273","form_type":"8-K","ticker":"SABR","cik":"0001597033","company_name":"Sabre Corp","filed_at":"2025-11-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.872042+00:00","generated_at":"2026-05-16T16:55:51.163101+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Sabre prices $1B 11.125% senior secured notes due 2029; launches exchange offers to extend debt maturities","bullets":["$1B aggregate principal of 11.125% Senior Secured Notes due 2029 issued by subsidiary Sabre Financial, closing expected Dec 5, 2025.","Exchange offers commenced for up to $332M of 8.625% notes due 2027, $46M of 11.25% notes due 2027, and up to $379M of 10.75% notes due 2029.","Holders tendering by Dec 4 get early exchange premium: $75 cash for 2027 notes, $60 cash for 2029 notes; new 10.75% notes due 2030.","Proceeds from notes and intercompany loan will fund repurchase/refinancing of existing debt and term loan refinancing.","Exchange offers subject to minimum $300M of new notes issued and consummation of SPV notes private offering; conditions may be waived."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-297273","json":"https://secwatch.observer/filing/0001193125-25-297273.json","markdown":"https://secwatch.observer/filing/0001193125-25-297273.md","text":"https://secwatch.observer/filing/0001193125-25-297273.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1597033/000119312525297273/0001193125-25-297273-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1597033/000119312525297273/d39324d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T16:55:51.163101+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}