# Sabre Corp (SABR) — capital_raise/public_offering [announced]
Source: SEC API (secapi.ai) · situation sit_a10a8dfbc06a4b428f86 · retrieved 2026-08-12T06:56:38.296Z

## Overview
Sabre Corporation is a technology company providing software and services to the travel and hospitality industries; it operates through its subsidiary Sabre Securitization, LLC, which manages accounts receivable securitization.

Sabre Securitization, LLC, an indirect subsidiary of Sabre Corporation, amended its accounts receivable securitization facility on August 4, 2026. The amendment, expected to become effective on September 30, 2026, increases the facility size from $115 million to $130 million and extends the maturity date to September 28, 2029. The facility will consist of a $120 million first-in, last-out tranche provided by Centerbridge Partners affiliates and a $130 million revolving tranche provided by PNC Bank. Sabre Asia Pacific PTE. Ltd., a Singapore-based subsidiary, will be added as an originator. Borrowings will bear interest at SOFR plus 275 basis points for Class A lenders and 625 basis points for Class B lenders, with a 0 basis point floor.

## Terms
- Counterparty: PNC Bank, N.A.; Centerbridge Partners affiliates · Deal value: $130.0M

## Key dates
- Announced 2026-08-07 · Expiry 2029-09-28 · Expected close 2026-09-30

## Timeline
- 2026-08-07 · 8-K (0001193125-26-340356): 8-K - Sabre Corp — *Sabre Corporation is a technology company providing software and services to the travel and hospitality industries; it operates through its subsidiary Sabre Securitization, LLC, which manages accounts receivable securitization.* Sabre Securitization, LLC, an indirect subsidiary of Sabre Corporation, amended its accounts receivable securitization facility on August 4, 2026. The amendment, expected to become effective on September 30, 2026, increases the facility size from $115 million to $130 million and extends the maturity date to September 28, 2029. The facility will consist of a $120 million first-in, last-out tranche provided by Centerbridge Partners affiliates and a $130 million revolving tranche provided by PNC Bank. Sabre Asia Pacific PTE. Ltd., a Singapore-based subsidiary, will be added as an originator. Borrowings will bear interest at SOFR plus 275 basis points for Class A lenders and 625 basis points for Class B lenders, with a 0 basis point floor.
  https://www.sec.gov/Archives/edgar/data/1597033/0001193125-26-340356.txt

## Citations
- 0001193125-26-340356 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526340356