{"schema_version":"secwatch.filing_event.v1","accession":"0001101215-25-000050","form_type":"8-K","ticker":"BFH","cik":"0001101215","company_name":"BREAD FINANCIAL HOLDINGS, INC.","filed_at":"2025-03-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.934351+00:00","generated_at":"2026-05-25T09:20:33.629628+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Bread Financial authorizes $150M buyback and $400M subordinated notes offering","bullets":["Board approved up to $150M share repurchase program; no expiration date set.","Company plans $400M private offering of fixed-rate reset subordinated notes.","At least $250M of net proceeds will lend as subordinated debt to subsidiary Comenity Capital Bank.","Remaining proceeds for general corporate purposes, which may include share repurchases.","Notes offered only to QIBs and non-U.S. persons; not registered under Securities Act."],"urls":{"canonical":"https://secwatch.observer/filing/0001101215-25-000050","json":"https://secwatch.observer/filing/0001101215-25-000050.json","markdown":"https://secwatch.observer/filing/0001101215-25-000050.md","text":"https://secwatch.observer/filing/0001101215-25-000050.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1101215/000110121525000050/0001101215-25-000050-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1101215/000110121525000050/bfh-20250305.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T09:20:33.629628+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}