Bread Financial launches public offering of depositary shares for Series A Preferred Stock

BREAD FINANCIAL HOLDINGS, INC.

Depositary shares each represent a 1/40th interest in Series A Preferred Stock with $25 liquidation preference per depositary share.
Proceeds to be used for general corporate purposes, including potential contributions to subsidiary Comenity Capital Bank and share repurchases.
Joint bookrunners: Wells Fargo, J.P. Morgan, Morgan Stanley, and RBC Capital Markets.
Offering subject to market conditions; no assurance of successful completion.

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