Company: SABR
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001597033-25-000061
Chunk: 148

Company: Sabre Corp
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 8
Chunk 148
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 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 three months ended March 31, 2025 for our portfolio segment is summarized as follows (in thousands):

8

Three Months EndedMarch 31, 2025Balance at December 31, 2024$25,792 Provision for expected credit losses2,185 Write-offs(1,389)Other(114)Balance at March 31, 2025$26,474 

6. Debt

As of March 31, 2025 and December 31, 2024, our outstanding debt included in our consolidated balance sheets totaled $5,118 million and $5,065 million, respectively, which are net of debt issuance costs of $52 million and $56 million, respectively, and unamortized discounts of $95 million and $100 million, respectively. The following table sets forth the face values of our outstanding debt as of March 31, 2025 and December 31, 2024 (in thousands):            RateMaturityMarch 31, 2025December 31, 2024Senior secured credit facilities:    2021 Term Loan B-1S(1) + 3.50%December 2027$313,850 $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 2029698,250 700,000 2024 Term Loan B-2S(1) + 6.00%November 202974,813 75,000 Senior Secured Term Loan Due 2028RR(2) + 1.75%(3)December 2028899,938 871,611 Securitization facility:AR FacilityS(1) + 4.00%(4)March 2027100,800 82,200 FILO FacilityS(1) + 8.00%March