secwatch.observer — SEC 8-K summary
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Issuer:     BREAD FINANCIAL HOLDINGS, INC. (BFH)
CIK:        0001101215
Form:       8-K
Filed at:   2023-12-13T23:59:59+00:00
Accession:  0001101215-23-000214
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bread Financial upsizes senior notes offering to $600M at 9.750% due 2029
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- Priced $600M senior notes (upsized from $500M) at 9.750% due March 15, 2029.
- Net proceeds expected ~$592.5M after discounts; closing on Dec 22, 2023.
- Proceeds to redeem $4.750% Senior Notes due 2024 and repay term loans.
- Offered privately under Rule 144A/Reg S; notes not registered under Securities Act.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1101215/000110121523000214/0001101215-23-000214-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1101215/000110121523000214/bfh-20231212.htm
  HTML page:      https://secwatch.observer/filing/0001101215-23-000214

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer