secwatch.observer — SEC 8-K summary
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Issuer:     BREAD FINANCIAL HOLDINGS, INC. (BFH)
CIK:        0001101215
Form:       8-K
Filed at:   2025-08-22T23:59:59+00:00
Accession:  0001101215-25-000147
Event type: debt
Sentiment:  neutral
Materiality: 0.35
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bread Financial completes cash tender offers; $31.4M total principal accepted
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- Tender offers expired Aug 21, 2025; $31,288,000 of 2029 Notes and $121,000 of 2035 Notes tendered.
- Total principal outstanding: $750,012,000 (2029 Notes) and $400,000,000 (2035 Notes).
- Consideration per $1,000 principal: $1,070 (2029 Notes) and $1,025 (2035 Notes), including $50 early participation amount.
- Settlement for post-early tendered notes expected Aug 26, 2025; accrued interest paid.
- Maximum $150M purchase target; actual acceptances total ~$31.4M, far below cap.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1101215/000110121525000147/0001101215-25-000147-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1101215/000110121525000147/bfh-20250822.htm
  HTML page:      https://secwatch.observer/filing/0001101215-25-000147

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