Sabre Corp Files 8-K on Material Definitive Agreement

TL;DR

Sabre Corp signed a big deal on Nov 25th, 8-K filed.

AI Summary

On November 25, 2024, Sabre Corporation entered into a material definitive agreement related to a direct financial obligation. The company, incorporated in Delaware with its principal executive offices in Southlake, TX, filed this 8-K report detailing the event.

Why It Matters

This filing indicates Sabre Corporation has entered into a significant agreement that likely involves financial commitments or obligations, which could impact its financial standing and future operations.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements can introduce new financial obligations or strategic shifts that carry inherent risks.

Key Players & Entities

• Sabre Corporation (company) — Registrant
• November 25, 2024 (date) — Date of earliest event reported
• Southlake, TX (location) — Principal executive offices
• Delaware (location) — State of incorporation

FAQ

Key Financial Figures

• $800 m — egate principal amount of approximately $800 million, will pay interest semiannually i
• $21.1 million — greement with a holder of approximately $21.1 million of its 9.250% Senior Secured Notes and
• $3.4 million — Senior Secured Notes and approximately $3.4 million of its 7.375% Senior Secured Notes, Sab
• $24.7 million — Notes, Sabre GLBL issued approximately $24.7 million in additional aggregate principal amoun
• $775.0 million — to which Sabre GLBL agreed to exchange $775.0 million of its existing senior secured term loa

Filing Documents

• d868588d8k.htm (8-K) — 50KB
• d868588dex41.htm (EX-4.1) — 1299KB
• d868588dex43.htm (EX-4.3) — 51KB
• d868588dex101.htm (EX-10.1) — 341KB
• d868588dex102.htm (EX-10.2) — 74KB
• d868588dex103.htm (EX-10.3) — 72KB
• 0001193125-24-268887.txt ( ) — 2370KB
• sabr-20241125.xsd (EX-101.SCH) — 3KB
• sabr-20241125_lab.xml (EX-101.LAB) — 17KB
• sabr-20241125_pre.xml (EX-101.PRE) — 11KB
• d868588d8k_htm.xml (XML) — 3KB

Forward-Looking Statements

Forward-Looking Statements Certain statements herein are forward-looking statements about trends, future events, uncertainties and our plans and expectations of what may happen in the future. Any statements that are not historical or current facts are forward-looking statements. In many cases, you can identify forward-looking statements by terms such as "guidance," "outlook," "target," "expect, " "anticipate," "on track," "continue," "believe," "momentum," "position," "continue," "progress," "confident," "trend," "plan," "recurring," "trajectory," "pipeline," "opportunity," "potential," "positioned," "benefit," "goal," "confident," "indicate," "optimistic," "will," "forecast," "strategy," "estimate," "project," "may," "should," "would," "intend," or the negative of these terms, where applicable, or other comparable terminology. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. More information about potential risks and uncertainties that could materially affect our business and results of operations is included in the "Risk Factors" and "Forward-Looking Statements" sections in our Quarterly Report on Form 10-Q for the quarter ended September 30, 2024, filed with the SEC on October 31, 2024, our Annual Report on Form 10-K for the year ended December 31, 2023, filed with the SEC on February 15, 2024 and in our other filings with the SEC. We cannot guarantee future events, including our ability to realize the anticipated benefits of the Exchange Offers and the Term Loan Exchange, outlook, guidance, results, actions, levels of activity, performance or achievements. Readers are cautioned not to place undue reliance on these forward-looking statements. Unless required by law, we undertake no obligation to publicly update or revise a

Financial Statements and Exhibits

Financial Statements and Exhibits (d) Exhibits 4.1 Indenture, dated as of November 25, 2024, among Sabre GLBL Inc., each of the guarantors party thereto and Computershare Trust Company, National Association, as trustee and collateral agent. 4.2 Form of 10.750% Senior Secured Notes due 2029 (included in Exhibit 4.1). 4.3 First Supplemental Indenture, dated as of November 27, 2024, among Sabre GLBL Inc., each of the guarantors party thereto and Computershare Trust Company, National Association, as trustee and collateral agent. 10.1 Pledge and Security Agreement, dated as of November 25, 2024, among Sabre GLBL Inc., Sabre Holdings Corporation, the subsidiary guarantors party thereto and Computershare Trust Company, National Association, as collateral agent. 10.2 Third Term Loan B Extension Amendment to Amended and Restated Credit Agreement, dated as of November 25, 2024, among Sabre Holdings Corporation, Sabre GLBL Inc., the other loan parties thereto, Bank of America, N.A. as administrative agent, and the Term B Lenders party thereto. 10.3 Fourth Term Loan B Extension Amendment to Amended and Restated Credit Agreement, dated as of November 25, 2024, among Sabre Holdings Corporation, Sabre GLBL Inc., the other loan parties thereto, Bank of America, N.A. as administrative agent, and the Term B Lenders party thereto. 104 Cover Page Interactive Data File-formatted as Inline XBRL SIGNATURE 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: December 2, 2024 Sabre Corporation By: /s/ Rochelle Boas Name: Rochelle Boas Title: Executive Vice President and Chief Legal Officer

View Full Filing

View this 8-K filing on SEC EDGAR