---
schema_version: "secwatch.filing_event.v1"
accession: "0001101215-25-000129"
form_type: "8-K"
ticker: "BFH"
cik: "0001101215"
company_name: "BREAD FINANCIAL HOLDINGS, INC."
filed_at: "2025-07-24T23:59:59+00:00"
generated_at: "2026-05-18T01:58:19.061305+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Bread Financial launches $150M cash tender for 2029 senior and 2035 subordinated notes

## Summary
- Up to $150M total: $100M for 9.750% Senior Notes due 2029 and $50M for 8.375% Subordinated Notes due 2035.
- Modified Dutch auction: bid range $1,040-$1,070 for senior notes, $995-$1,025 for sub notes.
- Early participation deadline Aug 6, 2025; expiration Aug 21, 2025; early settlement expected Aug 11.
- Holders tendering early receive $50 per $1,000 principal as early participation amount.
- J.P. Morgan sole lead dealer manager; D.F. King information and tender agent.

## SEC filing metadata
- accession: 0001101215-25-000129
- form_type: 8-K
- ticker: BFH
- cik: 0001101215
- company_name: BREAD FINANCIAL HOLDINGS, INC.
- filed_at: 2025-07-24T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1101215/000110121525000129/0001101215-25-000129-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1101215/000110121525000129/bfh-20250724.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001101215-25-000129
- JSON: https://secwatch.observer/filing/0001101215-25-000129.json
- Plain text: https://secwatch.observer/filing/0001101215-25-000129.txt

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