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Sabre subsidiary redeems $68.4M in 2029 notes

Sabre Financial redeemed the remaining $68,417,000 of principal at 109.250% plus accrued and unpaid interest.

(Moderate)

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Form Type
8-K

Rhea-AI Filing Summary

Sabre Corporation, through its indirect wholly owned subsidiary Sabre Financial Borrower, LLC, settled a cash tender offer for any and all of its 11.125% Senior Secured Notes due 2029. At the October 12, 2026 expiration, $931,583,000 aggregate principal amount had been validly tendered and not withdrawn, representing approximately 93.16% of the outstanding notes.

On October 13, 2026, Sabre Financial completed the redemption of the remaining $68,417,000 aggregate principal amount at 109.250% of principal, plus accrued and unpaid interest to but excluding the redemption date.

Item 1.02 Termination of a Material Definitive Agreement Business
A significant contract was terminated, which may affect business operations or revenue.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Notes designation 11.125% Senior Secured Notes due 2029 Sabre Financial notes subject to the tender offer and redemption
Principal amount tendered $931,583,000 Validly tendered and not withdrawn as of the October 12, 2026 expiration
Outstanding notes tendered Approximately 93.16% As of the October 12, 2026 expiration
Principal amount redeemed $68,417,000 Completed October 13, 2026
Redemption price 109.250% of aggregate principal amount Plus accrued and unpaid interest to but excluding the redemption date
Tender Offer financial
"Sabre Financial Tender Offer"
A tender offer is a proposal made by a person or company to buy shares from existing shareholders at a set price, usually higher than the current market value, within a specific time frame. It matters to investors because it can lead to a change in ownership or control of a company, and shareholders must decide whether to sell their shares at the offered price.
aggregate principal amount financial
"$68,417,000.00 aggregate principal amount"
The aggregate principal amount is the total amount of money borrowed through a bond or loan that the borrower promises to repay. It’s like the original price tag on a loan or bond, showing how much money is involved in the deal. This number matters because it indicates the size of the debt and helps investors understand the scale of the borrowing.
redemption price financial
"at a redemption price equal to 109.250%"
The redemption price is the amount of money a person receives when they sell or redeem a bond or investment before it matures. It’s important because it determines how much you get back and can affect your overall profit or loss on the investment. Think of it like the price you get when returning a gift card early—it's the value you receive at that time.
Indenture financial
"in accordance with the terms of the Indenture"
An indenture is a legal agreement between a company that borrows money by issuing bonds and the people who buy those bonds. It explains the rules the company must follow, like paying back the money and keeping certain financial promises. This document helps both sides understand their rights and responsibilities.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much of SABR's 2029 notes were tendered?

Sabre Financial reported that $931,583,000 aggregate principal amount of its 11.125% Senior Secured Notes due 2029 was validly tendered and not withdrawn, representing approximately 93.16% of the outstanding notes at the October 12, 2026 expiration.

What happened to the 2029 notes remaining after SABR's tender offer?

Sabre Financial completed redemption of $68,417,000 aggregate principal amount on October 13, 2026, at 109.250% of principal plus accrued and unpaid interest to but excluding the redemption date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Sabre Corp false 0001597033 0001597033 2026-10-13 2026-10-13
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 13, 2026

 

 

SABRE CORPORATION

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-36422   20-8647322

(State or other jurisdiction of

incorporation or organization)

  (Commission
File Number)
  (IRS Employer
Identification No.)

 

3150 Sabre Drive

Southlake, TX

  76092
(Address of principal executive offices   (Zip Code)

(682) 605-1000

(Registrant’s telephone number, including area code)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class

 

Trading

Symbol

 

Name of each exchange
on which registered

Common Stock, $.01 par value   SABR   The NASDAQ Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 
 


Item 1.02

Termination of Material Definitive Agreement.

The disclosure set forth in Item 8.01 of this Current Report on Form 8-K is incorporated herein by reference.

 

Item 8.01

Other Events.

Sabre Financial Tender Offer and Consent Solicitation Final Results

On October 13, 2026, Sabre Financial Borrower, LLC (“Sabre Financial”), a Delaware limited liability company and an indirect wholly-owned subsidiary of Sabre Corporation, a Delaware corporation, effected the settlement of its previously announced offer to purchase for cash (the “Sabre Financial Tender Offer”) any and all of its outstanding 11.125% Senior Secured Notes due 2029 (the “2029 SPV Notes”).

The Sabre Financial Tender Offer expired at 5:00 p.m., New York City time, on October 12, 2026 (the “Expiration Date”) and, according to information provided to Sabre Financial by D.F. King & Co. Inc., the Tender Agent and Information Agent for the Sabre Financial Tender Offer, as of the Expiration Date, the 2029 SPV Notes validly tendered and not validly withdrawn were $931,583,000 aggregate principal amount of the 2029 SPV Notes, representing approximately 93.16% of the outstanding 2029 SPV Notes.

Redemption of Remaining 2029 SPV Notes

As previously disclosed, on September 28, 2026, Sabre Financial provided notice to Wilmington Trust, National Association (the “Trustee”) as trustee and collateral agent under the indenture, dated as of December 5, 2025 (as amended and supplemented from time to time, the “Indenture”) by and among Sabre Financial, each of the guarantors party thereto and the Trustee, that on October 13, 2026 (the “Redemption Date”), Sabre Financial intended to redeem all of the aggregate principal amount of the 2029 SPV Notes to the extent outstanding on the Redemption Date and not validly tendered and purchased in the Tender Offer at a redemption price equal to 109.250% of the aggregate principal amount of the 2029 SPV Notes to be redeemed, plus accrued and unpaid interest thereon to but excluding the Redemption Date. On October 13, 2026, Sabre Financial completed the redemption of $68,417,000.00 aggregate principal amount of 2029 SPV Notes remaining after settlement of the Sabre Financial Tender Offer, in accordance with the terms of the Indenture at the redemption price described above.


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: October 14, 2026

 

Sabre Corporation
By:  

/s/ Rochelle Boas

  Name: Rochelle Boas
  Title: Executive Vice President and Chief Legal Officer

Filing Exhibits & Attachments

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