Company: SABR
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001597033-25-000090
Chunk: 66

Company: Sabre Corp
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 66
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 for a similar liability when traded as an asset in an active market, a Level 2 input. The fair value of the Senior Secured Term Loan Due 2028 and FILO Facility were determined using a valuation model that includes certain assumptions and Level 3 inputs. The outstanding principal balances of our AR Facility and FILO Facility approximated their fair value as of June 30, 2025. The following table presents the fair value and carrying value of our senior notes and borrowings under our senior secured credit facilities as of June 30, 2025 and December 31, 2024 (in thousands): As of June 30, 2025As of December 31, 2024Financial InstrumentFair ValueCarrying Value(1)Fair ValueCarrying Value(1)2021 Term Loan B-1$308,538 $312,494 $303,643 $314,453 2021 Term Loan B-2361,243 364,852 356,665 364,600 2022 Term Loan B-1376,415 379,959 372,593 379,617 2022 Term Loan B-2411,114 402,477 407,228 400,748 2024 Term Loan B-1696,500 687,007 712,250 689,655 2024 Term Loan B-274,625 74,535 76,313 74,902 Senior Secured Term Loan Due 2028— — 906,020 853,788 9.25% senior secured notes due 2025— — 10,510 10,416 7.375% senior secured notes due 202523,513 23,393 23,081 23,393 4.00% senior exchangeable notes due 2025— — 181,322 183,220 7.32% senior exchangeable notes due 2026166,287 150,000 172,500 150,000 8.625% senior secured notes due 2027339,913 331,783 649,105 656,783 11.25% senior secured notes due 202747,733 45,334 49,400 45,253 10.75% senior secured notes due 2029848,870 778,214 853,220 774,332 11.125% senior secured notes