---
schema_version: "secwatch.filing_event.v1"
accession: "0001101215-24-000015"
form_type: "8-K"
ticker: "BFH"
cik: "0001101215"
company_name: "BREAD FINANCIAL HOLDINGS, INC."
filed_at: "2024-01-19T23:59:59+00:00"
generated_at: "2026-06-06T21:02:22.211998+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Bread Financial closes $300M add-on of 9.750% senior notes; to redeem $400M 7% notes due 2026

## Summary
- $300M principal of additional 9.750% Senior Notes due 2029 issued at 101% of par; net proceeds ~$300M after discount.
- Proceeds plus cash on hand will fund redemption of $400M outstanding 7.000% Senior Notes due 2026.
- Additional Notes form a single series with existing $600M of 9.750% Notes, all maturing March 15, 2029.
- Interest payable semi-annually March 15 and September 15, beginning March 15, 2024.
- Notes are jointly and severally guaranteed by domestic subsidiaries that guarantee existing senior notes and credit facilities.

## SEC filing metadata
- accession: 0001101215-24-000015
- form_type: 8-K
- ticker: BFH
- cik: 0001101215
- company_name: BREAD FINANCIAL HOLDINGS, INC.
- filed_at: 2024-01-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.03, 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1101215/000110121524000015/0001101215-24-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1101215/000110121524000015/bfh-20240119.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001101215-24-000015
- JSON: https://secwatch.observer/filing/0001101215-24-000015.json
- Plain text: https://secwatch.observer/filing/0001101215-24-000015.txt

## Key facts
- Debt Financings
  BREAD FINANCIAL HOLDINGS, INC. incurred senior notes of $300 million principal amount with U.S. Bank Trust Company, National Association at 9.750% maturing March 15, 2029.
  - Instrument: senior notes
  - Principal: $300 million principal amount
  - Counterparty: U.S. Bank Trust Company, National Association
  - Rate: 9.750%
  - Maturity: March 15, 2029
  - Event: incurrence
  source text: On January 19, 2024, Bread Financial Holdings, Inc. (the “Company”) closed its previously announced offering (the “Offering”) of $300 million principal amount of additional 9.750% Senior Notes due 2029
  evidence_url: https://www.sec.gov/Archives/edgar/data/1101215/000110121524000015/0001101215-24-000015-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.