Sabre Corp Files 8-K on Material Definitive Agreement
Ticker: SABR · Form: 8-K · Filed: Mar 8, 2024 · CIK: 1597033
| Field | Detail |
|---|---|
| Company | Sabre Corp (SABR) |
| Form Type | 8-K |
| Filed Date | Mar 8, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $50.1 million, $853 million, $36.2 million, $7.4 million, $256,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation, 8-k
TL;DR
Sabre Corp signed a big financial deal on March 7th. Details to follow.
AI Summary
On March 7, 2024, Sabre Corporation entered into a material definitive agreement related to a direct financial obligation. The company, incorporated in Delaware, filed this 8-K report with the SEC, detailing events that occurred on or before March 7, 2024.
Why It Matters
This filing indicates Sabre Corporation has entered into a significant financial agreement, which could impact its financial obligations and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and direct financial obligations can introduce financial risks and obligations that may affect the company's stability.
Key Numbers
- 001-36422 — SEC File Number (Identifies the specific filing for Sabre Corp)
- 20-8647322 — I.R.S. Employer Identification Number (Tax identification number for Sabre Corp)
Key Players & Entities
- Sabre Corporation (company) — Registrant
- March 7, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 3150 Sabre Drive (address) — Principal executive offices
- Southlake, TX 76092 (address) — Principal executive offices
FAQ
What specific material definitive agreement did Sabre Corporation enter into?
The filing indicates the entry into a material definitive agreement and a direct financial obligation, but the specific details of the agreement are not provided in the provided text.
What is the nature of the direct financial obligation?
The filing states that Sabre Corporation has a direct financial obligation, but the specific terms and amount of this obligation are not detailed in the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on March 7, 2024.
Where is Sabre Corporation's principal executive office located?
Sabre Corporation's principal executive office is located at 3150 Sabre Drive, Southlake, TX 76092.
What is Sabre Corporation's state of incorporation?
Sabre Corporation is incorporated in Delaware.
Filing Stats: 937 words · 4 min read · ~3 pages · Grade level 10.5 · Accepted 2024-03-08 17:25:02
Key Financial Figures
- $50.1 million — abre"), Sabre GLBL issued approximately $50.1 million in additional aggregate principal amoun
- $853 million — egate principal amount of approximately $853 million (the "Existing 2027 Notes" and, togethe
- $36.2 million — xchanged (the "Exchange") approximately $36.2 million in aggregate principal amount of its 7.
- $7.4 million — ecured Notes due 2025 and approximately $7.4 million in aggregate principal amount of its 9.
- $256,000 — and (ii) an aggregate of approximately $256,000 in cash, representing accrued and unpai
Filing Documents
- d808338d8k.htm (8-K) — 29KB
- d808338dex42.htm (EX-4.2) — 43KB
- d808338dex991.htm (EX-99.1) — 10KB
- 0001193125-24-063807.txt ( ) — 210KB
- sabr-20240307.xsd (EX-101.SCH) — 3KB
- sabr-20240307_lab.xml (EX-101.LAB) — 17KB
- sabr-20240307_pre.xml (EX-101.PRE) — 11KB
- d808338d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits (d) Exhibits 4.1 Indenture, dated as of September 7, 2023, by and among Sabre GLBL Inc., the guarantors party thereto, and Computershare Trust Company, N.A. as trustee and collateral agent (incorporated by reference to Exhibit 4.1 of Sabre Corporation's Current Report on Form 8-K filed with the Securities and Exchange Commission on September 7, 2023). 4.2 First Supplemental Indenture, dated as of March 7, 2024, among Sabre GLBL Inc., each of the guarantors party thereto and Computershare Trust Company, National Association, as trustee and collateral agent. 4.3 Form of 8.625% Senior Secured Notes due 2027 (included in Exhibit 4.1). 99.1 Press Release dated March 8, 2024. 104 Cover Page Interactive Data File-formatted as Inline XBRL.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: March 8, 2024 Sabre Corporation By: /s/ Michael Randolfi Name: Michael Randolfi Title: Executive Vice President and Chief Financial Officer