---
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"
generated_at: "2026-05-16T16:55:51.163101+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sabre prices $1B 11.125% senior secured notes due 2029; launches exchange offers to extend debt maturities

## Summary
- $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.

## SEC filing metadata
- 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
- 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/1597033/000119312525297273/0001193125-25-297273-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1597033/000119312525297273/d39324d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-297273
- JSON: https://secwatch.observer/filing/0001193125-25-297273.json
- Plain text: https://secwatch.observer/filing/0001193125-25-297273.txt

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