Scott Hortenstine was appointed as Vice President and Controller at Sabre Corp.
“On May 20, 2026, Sabre Corporation (“Sabre”) designated Scott Hortenstine, currently Vice President of Global Accounting, to be its principal accounting officer and to serve as its Vice President and Controller, effective July 1, 2026.”
Material Agreements
Sabre Corp entered into New Exchangeable Notes Indenture with U.S. Bank Trust Company, National Association valued at $150.0 million aggregate principal amount of 7.00% Exchangeable Senior Notes due 2031 (effective 2026-05-18).
“On May 18, 2026, Sabre GLBL Inc. (“Sabre GLBL”), a wholly-owned subsidiary of Sabre Corporation (“Sabre”), issued $150.0 million aggregate principal amount of 7.00% Exchangeable Senior Notes due 2031 (the “New Exchangeable Notes”) under an indenture, dated May 18, 2026 (the “New Exchangeable Notes Indenture”), among Sabre GLBL, as issuer, and Sabre and Sabre Holdings Corporation (“Sabre Holdings”), as guarantors, and U.S. Bank Trust Company, National Association, as trustee.”
Debt Financings
Sabre Corp incurred convertible notes of $150.0 million aggregate principal amount with U.S. Bank Trust Company, National Association at 7.00% per year maturing May 15, 2031.
“On May 18, 2026, Sabre GLBL Inc. (“Sabre GLBL”), a wholly-owned subsidiary of Sabre Corporation (“Sabre”), issued $150.0 million aggregate principal amount of 7.00% Exchangeable Senior Notes due 2031 (the “New Exchangeable Notes”) under an indenture, dated May 18, 2026 (the “New Exchangeable Notes Indenture”), among Sabre GLBL, as issuer, and Sabre and Sabre Holdings Corporation (“Sabre Holdings”), as guarantors, and U.S. Bank Trust Company, National Association, as trustee.”
Earnings Releases
Sabre Corp reported the quarter ended March 31, 2026 results: revenue $760 million, net income $8 million. Guidance reaffirmed.
“15% • Sabre's AI platform successfully launched first agentic AI experience for travel with MindTrip and PayPal First Quarter 2026 Financial Results: • First quarter revenue of $760 million, up 8% from Q1'25 • Operating income of $116 million, up 27% from Q1'25 • Net income attributable to common stockholders of $8 million • Adjusted EBITDA (1) of $159 million, up”
Shareholder Votes
Sabre Corp shareholders approved Advisory Vote on Executive Compensation at the 2026-04-29 meeting.
“5. Stockholders approved the advisory and non-binding resolution to approve Sabre’s compensation of its named executive officers, as set forth below. Votes For Votes Against Abstentions Broker Non-Votes 236,547,802 31,418,800 11,586,054 35,400,334”
Shareholder Votes
Sabre Corp shareholders approved Approval of 2026 Director Equity Compensation Plan at the 2026-04-29 meeting.
“4. Stockholders approved the 2026 Director Plan, as set forth below. Votes For Votes Against Abstentions Broker Non-Votes 244,306,728 23,801,666 11,444,262 35,400,334”
Shareholder Votes
Sabre Corp shareholders approved Approval of 2026 Omnibus Incentive Compensation Plan at the 2026-04-29 meeting.
“3. Stockholders approved the 2026 Omnibus Plan, as set forth below. Votes For Votes Against Abstentions Broker Non-Votes 188,767,150 79,308,617 11,476,889 35,400,334”
Shareholder Votes
Sabre Corp shareholders approved Ratification of Independent Auditor at the 2026-04-29 meeting.
“2. Stockholders ratified the selection of Ernst & Young LLP as the Company’s independent auditor for the fiscal year ending December 31, 2026, as set forth below: Votes For Votes Against Abstentions 308,255,639 6,562,978 134,373”
Shareholder Votes
Sabre Corp shareholders approved Election of Directors at the 2026-04-29 meeting.
“1. Stockholders elected each of George Bravante, Jr., Hervé Couturier, Kurt Ekert, Eric Kelly, Gail Mandel, Damian McKay, Phyllis Newhouse, Elaine Paul, John Scott, and Ashan Willy to Sabre’s Board of Directors, each to serve a one-year term to expire at Sabre’s 2027 Annual Meeting of Stockholders and until their successors have been duly elected and qualified, as set forth below. Votes For Votes Against Abstentions Broker Non-Votes George Bravante, Jr. 270,927,170 6,560,857 2,064,629 35,400,334 Hervé Couturier 274,282,287 3,240,408 2,029,961 35,400,334 Kurt Ekert 274,236,120 3,289,908 2,026,628 35,400,334 Eric Kelly 274,368,814 3,121,154 2,062,688 35,400,334 Gail Mandel 272,786,954 4,755,631 2,010,071 35,400,334 Damian McKay 275,034,303 2,468,424 2,049,929 35,400,334 Phyllis Newhouse 272,869,263 4,694,131 1,989,262 35,400,334 Elaine Paul 274,195,140 3,305,568 2,051,948 35,400,334 John Scott 273,076,577 4,412,731 2,063,348 35,400,334 Ashan Willy 274,362,143 3,125,047 2,065,466 35,400,3”
Governance Changes
Sabre Corp: Filed a Certificate of Designations of Series B Preferred Stock in connection with adoption of a Rights Agreement (effective 2026-03-01).
“In connection with the adoption of the Rights Agreement, on March 1, 2026, the Company filed a Certificate of Designations of Series B Preferred Stock with the Secretary of State of the State of Delaware setting forth the rights, powers and preferences of the Series B Preferred Stock issuable upon exercise of the Rights (the “Preferred Shares”).”
Material Agreements
Sabre Corp entered into Strategic Governance Agreement with Constellation Canadian Holdings Inc. and Constellation Software Inc. (effective 2026-03-05).
“On March 5, 2026 (the "Effective Date"), Sabre Corporation, a Delaware corporation (the "Company") entered into a Strategic Governance Agreement (the "Agreement") with Constellation Canadian Holdings Inc., an Ontario corporation and Constellation Software Inc., an Ontario corporation”
Equity Issuances
Sabre Corp issued one preferred share purchase right (a 'Right') ... for each share of common stock of preferred stock for at a price of $7.00 per one one-thousandth of a Preferred Share.
“holder to purchase from the Company one one-thousandth of a share of Series B Preferred Stock, par value $0.01 per share, of the Company (the “Preferred Shares”) at a price of $7.00 per one one-thousandth of a Preferred Share represented by a Right, subject to adjustment. The Rights are in all respects subject to and governed by the provisions of the Rights”
Governance Changes
Sabre Corp: Filed Certificate of Designations of Series B Preferred Stock in connection with adoption of a Rights Agreement.
“In connection with the adoption of the Rights Agreement, the Company will file a Certificate of Designations of Series B Preferred Stock with the Secretary of State of the State of Delaware.”
Material Agreements
Sabre Corp entered into Rights Agreement with Equiniti Trust Company, LLC (effective 2026-03-01).
“the Company entered into a Rights Agreement (the “Rights Agreement”), dated as of March 1, 2026, between the Company and Equiniti Trust Company, LLC, as rights agent.”
Material Agreements
Sabre Corp entered into SPV Notes Indenture with Wilmington Trust, National Association valued at $1 billion (effective 2025-12-05).
“On December 5, 2025 (the “SPV Notes Issue Date”), Sabre Financial Borrower, LLC (“Sabre Financial”), an indirect wholly-owned subsidiary of Sabre Corporation (“Sabre” or the “Company”), Sabre Financing Holdings LLC (“Sabre Financing”), Sabre Financial’s direct parent company, certain of Sabre’s Luxembourg subsidiaries and Wilmington Trust, National Association, as trustee and collateral agent, entered into an indenture (the “SPV Notes Indenture”) governing Sabre Financial’s newly issued 11.125% senior secured notes due 2029 (the “SPV Notes”).”
Debt Financings
Sabre Corp incurred senior notes of $1 billion with Wilmington Trust, National Association at 11.125% per year maturing mature on June 15, 2029.
“On December 5, 2025 (the “SPV Notes Issue Date”), Sabre Financial Borrower, LLC (“Sabre Financial”), an indirect wholly-owned subsidiary of Sabre Corporation (“Sabre” or the “Company”), Sabre Financing Holdings LLC (“Sabre Financing”), Sabre Financial’s direct parent company, certain of Sabre’s Luxembourg subsidiaries and Wilmington Trust, National Association, as trustee and collateral agent, entered into an indenture (the “SPV Notes Indenture”) governing Sabre Financial’s newly issued 11.125% senior secured notes due 2029 (the “SPV Notes”). The SPV Notes were issued in an aggregate principal amount of $1 billion, will pay interest semiannually in arrears on June 15 and December 15 of each year, beginning on June 15, 2026, at a rate of 11.125% per year, and will mature on June 15, 2029.”
M&A Transactions
Sabre Corp completed a disposition involving Whitney Merger Sub, Inc. (Buyer, affiliated with TPG) for approximately $1,100,000,000 (closed 2025-07-03).
“On July 3, 2025, Sabre GLBL Inc. (“Sabre GLBL”), a Delaware corporation and a wholly owned subsidiary of Sabre Corporation, a Delaware corporation (“Sabre,” the “Company,” “we,” “us,” or “our”), Sabre HS Inc., a Delaware corporation (“Sabre HS”), and Whitney Merger Sub, Inc., a Delaware corporation (“Buyer”), consummated the previously announced disposition of Sabre’s hospitality solutions business to Buyer in exchange for an aggregate cash purchase price amount of approximately $1,100,000,000, subject to customary purchase price adjustments (the “Disposition”), pursuant to the Stock Purchase Agreement, dated April 27, 2025, by and among Buyer, Sabre GLBL, the Company and Sabre HS (the “Purchase Agreement”).”
Debt Financings
Sabre Corp incurred senior notes of $1.325 billion with Computershare Trust Company, N.A. at 11.125% per year maturing July 15, 2030.
“Sabre GLBL's newly issued 11.125% senior secured notes due 2030 (the "Senior Secured Notes"). The Senior Secured Notes were issued in an aggregate principal amount of $1.325 billion, will pay interest semiannually in arrears on January 15 and July 15 of each year, beginning on January 15, 2026, at a rate of 11.125% per year, and will mature on July 15, 2030.”
Karl Peterson retired as Director at Sabre Corp.
“On February 6, 2025, Sabre Corporation (“Sabre”) announced that Karl Peterson will be retiring from the Board, as well as from all Board committees on which he sits, effective immediately prior to Sabre’s 2025 Annual Meeting of Stockholders, which is scheduled to be held on April 23, 2025.”
Eric L. Kelly was elected as Director at Sabre Corp.
“On October 16, 2024, Sabre Corporation (“Sabre”) announced that that Sabre’s Board of Directors (the “Board”) has elected Eric Kelly as a director, effective January 1, 2025.”
Ann Bruder departed as Executive Vice President and Chief Legal Officer at Sabre Corp.
“On September 3, 2024, Sabre Corporation (“Sabre”) approved Ann Bruder’s ceasing to serve as Executive Vice President and Chief Legal Officer of Sabre, effective as of September 13, 2024.”
Gregg Saretsky resigned as Director at Sabre Corp.
“That same day, Mr. Saretsky resigned from the Board, as well as from all Board committees on which he sits.”
Earnings Releases
Sabre Corp reported the quarter ended March 31, 2024 results: revenue $783 million, net income Net loss attributable to common stockholders of $71 million, EPS $0.19. Guidance raised.
“remaining 2025 maturities using balance sheet cash • Ended the quarter with cash balance of $650 million First quarter 2024 financial results: • First quarter revenue totaled $783 million, up 5% from Q1'23 • Net loss attributable to common stockholders of $71 million and diluted net loss per share attributable to common stockholders of $0.19 • Adjusted EBITDA (1)”
Governance Changes
Sabre Corp: Stockholders approved an amendment to the Certificate of Incorporation to eliminate monetary liability of certain officers in limited circumstances as permitted by Delaware law (effective 2024-04-24).
“Article VII, Section 1 of the Certificate of Incorporation has been amended to provide for the elimination of monetary liability of certain officers of Sabre in certain limited circumstances, as permitted by Delaware law.”
Shareholder Votes
Sabre Corp shareholders approved Advisory resolution to approve compensation of named executive officers at the 2024-02-26 meeting.
“Stockholders approved the advisory and non-binding resolution to approve Sabre’s compensation of its named executive officers”
Shareholder Votes
Sabre Corp shareholders approved Amendment to Certificate of Incorporation regarding officer exculpation at the 2024-02-26 meeting.
“Stockholders approved an amendment to the Certificate of Incorporation regarding officer exculpation”
Shareholder Votes
Sabre Corp shareholders approved Approval of 2024 Director Plan at the 2024-02-26 meeting.
“Stockholders approved the 2024 Director Plan”
Shareholder Votes
Sabre Corp shareholders approved Approval of 2024 Omnibus Plan at the 2024-02-26 meeting.
“Stockholders approved the 2024 Omnibus Plan”
Shareholder Votes
Sabre Corp shareholders approved Ratification of Ernst & Young LLP as independent auditor for fiscal year ending December 31, 2024 at the 2024-02-26 meeting.
“Stockholders ratified the selection of Ernst & Young LLP as Sabre’s independent auditor for the fiscal year ending December 31, 2024”
Shareholder Votes
Sabre Corp shareholders approved Election of Directors at the 2024-02-26 meeting.
“Stockholders elected each of George Bravante, Jr., Hervé Couturier, Kurt Ekert, Gail Mandel, Phyllis Newhouse, Elaine Paul, Karl Peterson, Gregg Saretsky, John Scott, and Wendi Sturgis to Sabre’s Board of Directors”
Debt Financings
Sabre Corp amended credit facility of from $200 million to $235 million with PNC Bank, N.A., as administrative agent, structuring agent and lender, and various entities advised by affiliates of Centerbridge Partners, L.P. at SOFR (as defined in the RFA), in each case subject to a minimum floor of 0 basis maturing March 2027.
“The Amendment increased the overall size of the AR Facility from $200 million to $235 million, extended its maturity date to March 2027 and removed the early termination provision linked to the final maturity date of other material indebtedness.”
Material Agreements
Sabre Corp amended Amendment with PNC Bank, N.A. valued at increased the overall size of the AR Facility from $200 million to $235 million (effective 2024-03-29).
“On March 29, 2024 (the “Amendment Effective Date”), Sabre Securitization, LLC, a special purpose entity (the “SPE”) that is an indirect subsidiary of Sabre Corporation (“Sabre” or the “Company”), entered into an amendment (the “Amendment”) to its accounts receivable securitization facility with PNC Bank, N.A., as administrative agent (the “Administrative Agent”), structuring agent and lender, and various entities advised by affiliates of Centerbridge Partners, L.P. (the “AR Facility”).”
Debt Financings
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.
“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”
Material Agreements
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).
“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.”
Debt Financings
Sabre Corp incurred senior notes of $50.1 million with Computershare Trust Company, N.A. at 8.625% maturing 2027.
“Sabre GLBL issued approximately $50.1 million in additional aggregate principal amount of its 8.625% Senior Secured Notes due 2027”
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).
“Sabre GLBL issued approximately $50.1 million in additional aggregate principal amount of its 8.625% Senior Secured Notes due 2027”
Sean Menke was appointed as Special Advisor at Sabre Corp.
“Sabre’s Board of Directors has designated Mr. Menke to serve as Special Advisor to the Chief Executive Officer and the Board of Directors of Sabre (“Special Advisor”), pursuant to the terms of Mr. Menke’s employment agreement with Sabre GLBL Inc., dated February 28, 2023.”
Sean Menke retired as Executive Chair at Sabre Corp.
“Sean Menke, current Executive Chair of the Board of Directors, notified Sabre on March 1, 2024 of his decision to retire from the Board of Directors effective immediately prior to the Annual Meeting.”
Gail Mandel was elected as non-executive Chair at Sabre Corp.
“Gail Mandel has been elected non-executive Chair of the Board of Directors.”
Earnings Releases
Sabre Corp reported the year ended December 31, 2023 results: revenue $2.9 billion, net income $542 million, EPS $1.56.
“For the full year 2023, Sabre consolidated revenue totaled $2.9 billion, a 15% improvement versus $2.5 billion for the prior year. Revenue growth was driven by an increase in global air, hotel, and other travel bookings and favorable rate impacts in the Company's Travel Solutions business as international and corporate bookings continued to improve. Operating income was $47 million, a significant improvement versus operating loss of $261 million in 2022. The improvement in operating results was driven by the items impacting revenue described above, lower labor and professional services costs driven by our cost reduction plan, a decrease in stock-based compensation, a decrease in legal costs, lower depreciation and amortization, and a decrease in technology expenses including cost savings related to our mainframe offloads and data migrations. These impacts were partially offset by increased Travel Solutions incentive expenses and Hospitality Solutions transaction-related costs, a $72 mi”
Earnings Releases
Sabre Corp reported the quarter ended December 31, 2023 results: revenue $687 million, net income $96 million, EPS $0.26.
“Sabre consolidated fourth quarter revenue totaled $687 million, a 9% improvement versus $631 million in the fourth quarter of 2022. Revenue growth was driven by an increase in global air, hotel, and other travel bookings and favorable rate impacts in the Company's Travel Solutions business as international and corporate bookings continued to improve. Operating income was $37 million, an improvement versus operating loss of $55 million in the fourth quarter of 2022. The improvement in operating results was driven by the items impacting revenue described above, lower labor and professional services costs driven by our cost reduction plan, lower depreciation and amortization, and a decrease in technology expenses including cost savings related to our mainframe offloads and data migrations. These impacts were partially offset by increased Travel Solutions incentive expenses and Hospitality Solutions transaction-related costs. Net loss attributable to common stockholders totaled $96 million”
Zane Rowe departed as Director at Sabre Corp.
“Also on February 8, 2024, Sabre announced that Rachel Gonzalez and Zane Rowe will be retiring from the Board, as well as from all Board committees on which they sit, effective February 16, 2024.”
Rachel Gonzalez departed as Director at Sabre Corp.
“Also on February 8, 2024, Sabre announced that Rachel Gonzalez and Zane Rowe will be retiring from the Board, as well as from all Board committees on which they sit, effective February 16, 2024.”
Elaine Paul was elected as Director at Sabre Corp.
“On February 8, 2024, Sabre Corporation (“Sabre”) announced that that Sabre’s Board of Directors (the “Board”) has elected Elaine Paul as a director, effective February 16, 2024.”
Earnings Releases
Sabre Corp reported the quarter ended September 30, 2023 results: revenue $740 million, net income net loss attributable to common stockholders of $212 million, EPS diluted net loss per share attributable to common stockholders of $0.61. Guidance raised.
“the vast majority of the company's nearest-term 2025 debt maturities • Ended the quarter with cash balance of $623 million Third quarter 2023 summary: • Third quarter revenue of $740 million, up 12% from the third quarter 2022 • Net loss attributable to common stockholders of $212 million and diluted net loss per share attributable to common stockholders of $0.61 •”
Debt Financings
Sabre Corp incurred senior notes of approximately $853 million with Computershare Trust Company, N.A. at 8.625% per year maturing June 1, 2027.
“the 8.625% Senior Secured Notes were issued in an aggregate principal amount of approximately $853 million, will pay interest semiannually in arrears on March 1 and September 1 of each year, beginning on March 1, 2024, at a rate of 8.625% per year, and will mature on June 1, 2027.”
Material Agreements
Sabre Corp entered into 8.625% Secured Notes Indenture with Computershare Trust Company, N.A. valued at approximately $853 million (effective 2023-09-07).
“on September 7, 2023, Sabre GLBL, Sabre Holdings Corporation (“Holdings”) and certain of Sabre GLBL’s subsidiaries, as guarantors (collectively, with Holdings, the “Guarantors”), and Computershare Trust Company, N.A. (“Computershare”), as trustee and collateral agent, entered into an indenture (the “8.625% Secured Notes Indenture”) governing Sabre GLBL’s newly issued 8.625% Senior Secured Notes.”
Earnings Releases
Sabre Corp updated its FY23 guidance (raised).
“Sabre reports second quarter 2023 results that exceed prior guidance; Raises FY23 financial outlook”
Earnings Releases
Sabre Corp reported second quarter 2023 results: EPS Adjusted EPS (1) of ($0.17).
“Second quarter revenue of $738 million, up 12% from the second quarter 2022”
Earnings Releases
Sabre Corp updated its the quarter ended June 30, 2023 guidance (raised).
“On August 3, 2023, Sabre Corporation (“Sabre”) issued a press release and will hold a conference call regarding its financial results for the quarter ended June 30, 2023.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.