secwatch.observer — SEC 8-K summary
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Issuer:     BREAD FINANCIAL HOLDINGS, INC. (BFH)
CIK:        0001101215
Form:       8-K
Filed at:   2025-07-24T23:59:59+00:00
Accession:  0001101215-25-000129
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1101215/000110121525000129/0001101215-25-000129-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1101215/000110121525000129/bfh-20250724.htm
  HTML page:      https://secwatch.observer/filing/0001101215-25-000129

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