Company: SABR
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001597033-25-000090
Chunk: 49

Company: Sabre Corp
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 49
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 credit losses is developed by analyzing historical twelve-month collection rates and adjusting for current customer-specific factors indicating financial instability and other macroeconomic factors that correlate with the expected collectability of our receivables.Our allowance for credit losses relates to all financial assets, primarily trade receivables due in less than one year recorded in Accounts Receivable, net on our consolidated balance sheets. Our allowance for credit losses for the six months ended June 30, 2025 for our portfolio segment is summarized as follows (in thousands):Six Months EndedJune 30, 2025Balance at December 31, 2024$23,557 Provision for expected credit losses1,103 Write-offs(3,895)Other34 Balance at June 30, 2025$20,799 

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7. Debt

As of June 30, 2025 and December 31, 2024, our outstanding debt included in our consolidated balance sheets totaled $5,040 million and $5,065 million, respectively, which are net of debt issuance costs of $51 million and $56 million, respectively, and unamortized discounts of $74 million and $100 million, respectively. The following table sets forth the face values of our outstanding debt as of June 30, 2025 and December 31, 2024 (in thousands):            RateMaturityJune 30, 2025December 31, 2024Senior secured credit facilities:    2021 Term Loan B-1S(1) + 3.50%December 2027$312,840 $314,860 2021 Term Loan B-2S(1) + 3.50% December 2027366,280 366,280 2022 Term Loan B-1S(1) + 4.25%June 2028382,147 382,147 2022 Term Loan B-2S(1) + 5.00%June 2028414,482 414,482 2024 Term Loan B-1S(1) + 6.00%November 2029696,500 700,000 2024 Term Loan B-2S(1) + 6.00%November 202974,625 75,000 Senior Secured Term Loan Due 2028RR(2) + 1.75%(3)December 2028— 871,611 Sec