{"schema_version":"secwatch.filing_event.v1","accession":"0001101215-23-000107","form_type":"8-K","ticker":"BFH","cik":"0001101215","company_name":"BREAD FINANCIAL HOLDINGS, INC.","filed_at":"2023-06-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.942273+00:00","generated_at":"2026-06-14T04:43:02.199325+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Bread Financial announces $275M convertible notes offering and tender for $850M senior notes","bullets":["Convertible notes: $275M (plus $41.25M greenshoe) due 2028; proceeds used for capped calls and refinancing existing credit facility.","Tender offer for all $850M 4.750% Senior Notes due 2024 at $980/$1,000 plus accrued interest; expires June 14, 2023.","New $700M revolving and $575M term loan credit agreement; effectiveness conditioned on raising ≥$1.55B financing by Sept 5, 2023.","Company had $531M outstanding under existing term loan; plans to repay with convertible notes proceeds and cash."],"urls":{"canonical":"https://secwatch.observer/filing/0001101215-23-000107","json":"https://secwatch.observer/filing/0001101215-23-000107.json","markdown":"https://secwatch.observer/filing/0001101215-23-000107.md","text":"https://secwatch.observer/filing/0001101215-23-000107.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1101215/000110121523000107/0001101215-23-000107-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1101215/000110121523000107/bfh-20230607.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T04:43:02.199325+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c9a7293528ce21dc5eeecb423c5be0893d6d6acd","claim":"BREAD FINANCIAL HOLDINGS, INC. entered into New Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent, and other financial institutions valued at a $700 million senior unsecured revolving credit facility and a $575 million senior unsecured delaye (effective 2023-06-07).","evidence_excerpt":"On June 7, 2023, Bread Financial Holdings, Inc. (the “Company”) entered into a credit agreement (the “New Credit Agreement”) with certain of its subsidiaries, as guarantors (the “Guarantors”), JPMorgan Chase Bank, N.A., as administrative agent, and other financial institutions (together, the “lenders”), pursuant to which such lenders have agreed to provide a $700 million senior unsecured revolving credit facility (the “New RCF Facility”) and a $575 million senior unsecured delayed draw term loan facility (the “New Term Loan Facility” and together with the New RCF Facility, the “Facilities”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1101215/000110121523000107/0001101215-23-000107-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as administrative agent, and other financial institutions"},{"label":"Value","value":"a $700 million senior unsecured revolving credit facility and a $575 million senior unsecured delaye"},{"label":"Effective","value":"2023-06-07"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}