Company: SABR
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001628280-25-049383
Chunk: 204

Company: Sabre Corp
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 8
Chunk 204
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 the TSA of $5 million.

For the nine months ended September 30, 2024, financing activities provided $46 million. Significant highlights of our financing activities include:

•proceeds of $150 million from the issuance of the 2026 Exchangeable Notes;

•payment of $150 million on our then-outstanding 2025 Exchangeable Notes;

•proceeds of $120 million from the issuance of the FILO Facility;

•proceeds of $50 million from the issuance of our June 2027 Notes;

•payment of $50 million for debt discount and issuance costs;

•payment of $36 million on our then-outstanding September 2025 Notes and $7 million on our April 2025 Notes;

•net payment of $23 million on borrowings on our AR Facility; and

•net payments of $7 million from the settlement of employee stock awards.

36

Contractual Obligations

There were no material changes to our future minimum contractual obligations since December 31, 2024, as previously disclosed in our Annual Report on Form 10-K filed with the SEC on February 20, 2025, and in our Quarterly Report on Form 10-Q filed with the SEC on May 7, 2025, other than impacts of the debt repayments under our senior secured credit facilities and the Securitization Facility as a result of the Hospitality Solutions Sale.

We had no off balance sheet arrangements during the nine months ended September 30, 2025 and year ended December 31, 2024.

Recent Accounting Pronouncements

Information related to Recent Accounting Pronouncements is included in Note 1. General Information, to our consolidated financial statements included in Part I, Item 1 in this Quarterly Report on Form 10-Q, which is incorporated herein by reference.

Critical Accounting Estimates

This discussion and analysis of our financial condition and results of operations is based on our consolidated financial statements, which have been prepared in accordance with GAAP. The preparation of these financial statements requires us to make estimates and judgments that affect our reported assets and liabilities, revenues and expenses and other financial information. Actual results may differ significantly from these estimates, and our reported financial condition and results of operations could vary under different assumptions and conditions. In addition, our reported financial condition and results of operations could vary due to a change in the application of a particular accounting standard.

We regard an accounting estimate underlying our financial statements as a “critical accounting estimate” if the accounting estimate