Company: SABR
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001597033-25-000027
Chunk: 374

Company: Sabre Corp
Filing Date: 2025-02-20
Form: 10-K
Item: Item 1A
Chunk 374
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9 Notes;

•payment of $509 million on the December 2027 Notes, payment of $246 million on the June 2027 Notes, payment of $21 million of the April 2025 Notes and payment of $4 million of the September 2025 Notes; 

•proceeds of $775 million from the issuance of the 2024 Term Loans;

•payment of $775 million on our Existing Term Loans;

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

•payment of $150 million on our 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 September 2025 Notes and $7 million on our April 2025 Notes;

•net payment of $28 million on borrowings on our AR Facility; and

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

For the year ended December 31, 2023, we used $94 million for financing activities. Significant highlights of our financing activities included:

•proceeds of $853 million from the issuance of the 8.625% senior secured notes due 2027;

•payment of $787 million on our 7.375% senior secured notes due 2025 and $66 million on our 9.25% senior secured notes due 2025;

•proceeds of $677 million from the issuance of the Senior Secured Term Loan Due 2028;

•payment of $665 million on our 9.25% senior secured notes due 2025, 2021 Term Loan B-1, 2021 Term Loan B-2 and 2022 Term Loan B-2;

•payment of $160 million in debt discount and issuance costs;

•net proceeds of $110 million from borrowings on our AR Facility;

•payment of $56 million on our term loans under the Amended and Restated Credit Agreement, $48 million of which is a prepayment from the AirCentre disposition;

•proceeds of $16 million from the sale of common shares of a subsidiary;

•payment of $16 million in dividends on our preferred stock; and