{"schema_version":"secwatch.filing_event.v1","accession":"0001101215-25-000175","form_type":"8-K","ticker":"BFH","cik":"0001101215","company_name":"BREAD FINANCIAL HOLDINGS, INC.","filed_at":"2025-10-28T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.795767+00:00","generated_at":"2026-05-17T01:52:07.508059+00:00","sec_items":["2.04","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Bread Financial issues $500M senior notes, plans to redeem $719M 9.75% notes","bullets":["Conditional redemption of $719M aggregate principal 9.750% senior notes due 2029 on Nov 7, 2025, at par plus make-whole premium.","Private offering of $500M senior notes; net proceeds plus ~$275M cash on hand to fund the redemption.","Redemption conditioned on receipt of at least $500M gross proceeds from debt financings by 11 a.m. NY time on Nov 7.","New notes guaranteed on a full, joint and several basis by domestic subsidiary guarantors of existing debt.","Offering subject to market and other conditions; no assurance of completion."],"urls":{"canonical":"https://secwatch.observer/filing/0001101215-25-000175","json":"https://secwatch.observer/filing/0001101215-25-000175.json","markdown":"https://secwatch.observer/filing/0001101215-25-000175.md","text":"https://secwatch.observer/filing/0001101215-25-000175.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1101215/000110121525000175/0001101215-25-000175-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1101215/000110121525000175/bfh-20251028.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T01:52:07.508059+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":[{"claim_id":"34dc2d621b3d07ba2e3a612591d27910abd21727","claim":"BREAD FINANCIAL HOLDINGS, INC. faced acceleration on senior notes of all of its outstanding 9.750% senior notes due 2029 with U.S. Bank Trust Company, National Association at 9.750% maturing due 2029.","evidence_excerpt":"On October 28, 2025, Bread Financial Holdings, Inc. (the “Company”) issued a conditional notice of redemption to redeem all of its outstanding 9.750% senior notes due 2029 (the “2029 Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1101215/000110121525000175/0001101215-25-000175-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"all of its outstanding 9.750% senior notes due 2029"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Rate","value":"9.750%"},{"label":"Maturity","value":"due 2029"},{"label":"Event","value":"acceleration"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}