{"filing":{"accession_number":"0001193125-26-405576","cik":"0001597033","ticker":"SABR","company_name":"Sabre Corp","form":"8-K","filing_date":"2026-09-28","report_date":"2026-09-24","primary_document":"d435567d8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312526405576/d435567d8k.htm"},"events":[{"id":35515,"run_id":32714,"accession_number":"0001193125-26-405576","anchor_item_number":"1.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.9,"summary":"Sabre Financial Borrower, LLC, an indirect wholly-owned subsidiary of Sabre Corporation, issued $1.35 billion in aggregate principal amount of 9.875% Senior Secured Notes due 2032 on September 28, 2026. The proceeds were used to refinance existing intercompany loans and repurchase outstanding notes as part of a comprehensive debt restructuring.","company_name":"Sabre Corp","ticker":"SABR","filing_date":"2026-09-28","form":"8-K","submitted_at":null,"items":[{"id":39586,"accession_number":"0001193125-26-405576","item_number":"1.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Sabre Financial Borrower, LLC, an indirect wholly-owned subsidiary of Sabre Corporation, issued $1.35 billion in aggregate principal amount of 9.875% Senior Secured Notes due 2032 on September 28, 2026, pursuant to an indenture with Wilmington Trust, National Association. This represents the creation of a new direct financial obligation and is the primary material event disclosed in Item 1.01. The proceeds were used to refinance existing intercompany loans and repurchase outstanding notes, but the core transaction is the issuance of new debt securities.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-28T21:31:10.774992+00:00","company_name":"","ticker":null,"filing_date":""},{"id":39587,"accession_number":"0001193125-26-405576","item_number":"2.03","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"Item 2.03 discloses the creation of direct financial obligations through debt tender offers. While the exhibits describe completion of cash tender offers to retire existing debt (rather than issuance of new debt), the Item 2.03 incorporation-by-reference language and the context of debt restructuring—including supplemental indenture amendments and redemption of remaining securities—constitute material changes to the registrant's debt obligations and capital structure. The tender offers and related refinancing activity represent significant debt management activity that materially affects Sabre's financial obligations.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-28T21:31:10.774992+00:00","company_name":"","ticker":null,"filing_date":""},{"id":39588,"accession_number":"0001193125-26-405576","item_number":"3.03","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.45,"reasoning":"Item 3.03 discloses a material modification to the SPV Notes Indenture that restricts Sabre Financial's ability to pay dividends on its capital stock, which may impact common stockholders' dividend rights. However, the supplemental exhibits reveal the core transaction is a debt tender offer and consent solicitation to amend existing indentures—Sabre GLBL is repurchasing ~$250M of senior secured notes, and Sabre Financial is executing a supplemental indenture to effect proposed amendments to its indenture. The Item 3.03 disclosure focuses narrowly on the covenant modification affecting dividend rights, but the substance involves restructuring of existing debt obligations through tender offers and indenture amendments, which is more aligned with debt restructuring than a pure dividend restriction. The classification is uncertain because Item 3.03 itself is ambiguous—it could signal a governance/rights modification or an underlying debt transaction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-28T21:31:10.774992+00:00","company_name":"","ticker":null,"filing_date":""},{"id":39589,"accession_number":"0001193125-26-405576","item_number":"8.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.35,"reasoning":"This Item 8.01 discloses completion of debt tender offers and consent solicitations by Sabre GLBL and Sabre Financial (subsidiaries of Sabre Corp), resulting in repurchase of approximately $1.18 billion in aggregate principal amount of senior secured notes and elimination of restrictive covenants via supplemental indenture. While the primary action is debt reduction (repurchase) rather than issuance of new debt, the event involves material modification of existing debt obligations and capital structure. The taxonomy lacks a specific \"debt_repurchase\" or \"debt_modification\" category; \"debt_issuance\" is the closest fit among financial event types, though imperfect. Alternatively, this could be classified as \"financial_other\" (a capital/debt event not fitting a named type), which may be more accurate given the repurchase and covenant elimination nature rather than new debt creation.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-28T21:31:10.774992+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":39586,"accession_number":"0001193125-26-405576","item_number":"1.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Sabre Financial Borrower, LLC, an indirect wholly-owned subsidiary of Sabre Corporation, issued $1.35 billion in aggregate principal amount of 9.875% Senior Secured Notes due 2032 on September 28, 2026, pursuant to an indenture with Wilmington Trust, National Association. This represents the creation of a new direct financial obligation and is the primary material event disclosed in Item 1.01. The proceeds were used to refinance existing intercompany loans and repurchase outstanding notes, but the core transaction is the issuance of new debt securities.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-28T21:31:10.774992+00:00","company_name":"Sabre Corp","ticker":"SABR","filing_date":"2026-09-28"},{"id":39587,"accession_number":"0001193125-26-405576","item_number":"2.03","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"Item 2.03 discloses the creation of direct financial obligations through debt tender offers. While the exhibits describe completion of cash tender offers to retire existing debt (rather than issuance of new debt), the Item 2.03 incorporation-by-reference language and the context of debt restructuring—including supplemental indenture amendments and redemption of remaining securities—constitute material changes to the registrant's debt obligations and capital structure. The tender offers and related refinancing activity represent significant debt management activity that materially affects Sabre's financial obligations.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-28T21:31:10.774992+00:00","company_name":"Sabre Corp","ticker":"SABR","filing_date":"2026-09-28"},{"id":39588,"accession_number":"0001193125-26-405576","item_number":"3.03","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.45,"reasoning":"Item 3.03 discloses a material modification to the SPV Notes Indenture that restricts Sabre Financial's ability to pay dividends on its capital stock, which may impact common stockholders' dividend rights. However, the supplemental exhibits reveal the core transaction is a debt tender offer and consent solicitation to amend existing indentures—Sabre GLBL is repurchasing ~$250M of senior secured notes, and Sabre Financial is executing a supplemental indenture to effect proposed amendments to its indenture. The Item 3.03 disclosure focuses narrowly on the covenant modification affecting dividend rights, but the substance involves restructuring of existing debt obligations through tender offers and indenture amendments, which is more aligned with debt restructuring than a pure dividend restriction. The classification is uncertain because Item 3.03 itself is ambiguous—it could signal a governance/rights modification or an underlying debt transaction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-28T21:31:10.774992+00:00","company_name":"Sabre Corp","ticker":"SABR","filing_date":"2026-09-28"},{"id":39589,"accession_number":"0001193125-26-405576","item_number":"8.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.35,"reasoning":"This Item 8.01 discloses completion of debt tender offers and consent solicitations by Sabre GLBL and Sabre Financial (subsidiaries of Sabre Corp), resulting in repurchase of approximately $1.18 billion in aggregate principal amount of senior secured notes and elimination of restrictive covenants via supplemental indenture. While the primary action is debt reduction (repurchase) rather than issuance of new debt, the event involves material modification of existing debt obligations and capital structure. The taxonomy lacks a specific \"debt_repurchase\" or \"debt_modification\" category; \"debt_issuance\" is the closest fit among financial event types, though imperfect. Alternatively, this could be classified as \"financial_other\" (a capital/debt event not fitting a named type), which may be more accurate given the repurchase and covenant elimination nature rather than new debt creation.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-28T21:31:10.774992+00:00","company_name":"Sabre Corp","ticker":"SABR","filing_date":"2026-09-28"}]}