{"schema_version":"secwatch.filing_event.v1","accession":"0001101215-24-000006","form_type":"8-K","ticker":"BFH","cik":"0001101215","company_name":"BREAD FINANCIAL HOLDINGS, INC.","filed_at":"2024-01-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.364423+00:00","generated_at":"2026-06-07T01:16:55.111170+00:00","sec_items":["1.01","2.04","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Bread Financial issues $300M additional 9.75% notes due 2029; conditional redemption of $400M 7% notes due 2026","bullets":["Upsized from $200M to $300M; priced at 101% of par for net proceeds ~$300M.","Closing expected Jan 19, 2024; new notes form single series with existing $600M 9.75% notes.","Proceeds plus cash to redeem $400M of 7.000% Senior Notes due 2026 at 101.75% plus accrued interest.","Redemption conditioned on completion of at least $300M debt financing, expected to be this offering.","Redemption expected Jan 23, 2024 if condition satisfied."],"urls":{"canonical":"https://secwatch.observer/filing/0001101215-24-000006","json":"https://secwatch.observer/filing/0001101215-24-000006.json","markdown":"https://secwatch.observer/filing/0001101215-24-000006.md","text":"https://secwatch.observer/filing/0001101215-24-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1101215/000110121524000006/0001101215-24-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1101215/000110121524000006/bfh-20240108.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T01:16:55.111170+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":"dbacf2858d9cb2e1fd63520ce18ab7e286013864","claim":"BREAD FINANCIAL HOLDINGS, INC. faced acceleration on senior notes of $400 million aggregate principal amount with U.S. Bank Trust Company, National Association at 7.000% maturing due 2026.","evidence_excerpt":"On January 8, 2024, Bread Financial Holdings, Inc. (the “Company”) issued a conditional notice of redemption to redeem $400 million aggregate principal amount of its outstanding 2026 Notes.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1101215/000110121524000006/0001101215-24-000006-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$400 million aggregate principal amount"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Rate","value":"7.000%"},{"label":"Maturity","value":"due 2026"},{"label":"Event","value":"acceleration"}],"fact_type":"debt_financing"},{"claim_id":"4c7db22ac130f3360a05c8f748460db93e78b8ef","claim":"BREAD FINANCIAL HOLDINGS, INC. entered into Purchase Agreement with J.P. Morgan Securities LLC, as representative of the several initial purchasers valued at $300 million aggregate principal amount of additional 9.750% senior notes due 2029 (effective 2024-01-08).","evidence_excerpt":"On January 8, 2024 Bread Financial Holdings, Inc. (the “Company”) and certain subsidiary guarantors named therein (the “Guarantors”) entered into a purchase agreement (the “Purchase Agreement”) with J.P. Morgan Securities LLC, as representative of the several initial purchasers named therein (collectively, the “Initial Purchasers”), under which the Company agreed to sell $300 million aggregate principal amount of additional 9.750% senior notes due 2029 (the “Additional Notes”), in a private offering","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1101215/000110121524000006/0001101215-24-000006-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"J.P. Morgan Securities LLC, as representative of the several initial purchasers"},{"label":"Value","value":"$300 million aggregate principal amount of additional 9.750% senior notes due 2029"},{"label":"Effective","value":"2024-01-08"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}