{"schema_version":"secwatch.filing_event.v1","accession":"0001597033-25-000059","form_type":"8-K","ticker":"SABR","cik":"0001597033","company_name":"Sabre Corp","filed_at":"2025-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.948934+00:00","generated_at":"2026-05-22T08:09:51.655740+00:00","sec_items":["2.02","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Sabre Q1 revenue $777M (-1% YoY); sells Hospitality Solutions for $1.1B, reaffirms FY outlook","bullets":["Q1 revenue $777M (-1% YoY); net income $35M vs loss $71M; adjusted EBITDA $150M (+5%).","Agreed to sell Hospitality Solutions to TPG for $1.1B cash; net proceeds ~$960M to repay debt; close expected by end of Q3 2025.","Reaffirmed FY2025 outlook: double digit distribution bookings growth, high single digit revenue growth, pro forma FCF >$200M.","Pro forma FY2025 adjusted EBITDA >$630M; net leverage target ~5.4x after transaction.","Travel Solutions revenue $702M (-2%); Hospitality Solutions revenue $85M (+8%)."],"urls":{"canonical":"https://secwatch.observer/filing/0001597033-25-000059","json":"https://secwatch.observer/filing/0001597033-25-000059.json","markdown":"https://secwatch.observer/filing/0001597033-25-000059.md","text":"https://secwatch.observer/filing/0001597033-25-000059.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1597033/000159703325000059/0001597033-25-000059-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1597033/000159703325000059/sabr-20250507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T08:09:51.655740+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"}