---
schema_version: "secwatch.filing_event.v1"
accession: "0001101215-25-000193"
form_type: "8-K"
ticker: "BFH"
cik: "0001101215"
company_name: "BREAD FINANCIAL HOLDINGS, INC."
filed_at: "2025-11-20T23:59:59+00:00"
generated_at: "2026-05-16T17:52:31.857763+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001101215-25-000193
- form_type: 8-K
- ticker: BFH
- cik: 0001101215
- company_name: BREAD FINANCIAL HOLDINGS, INC.
- filed_at: 2025-11-20T23:59:59+00:00
- event_type: other_material
- 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/1101215/000110121525000193/0001101215-25-000193-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1101215/000110121525000193/bfh-20251120.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001101215-25-000193
- JSON: https://secwatch.observer/filing/0001101215-25-000193.json
- Plain text: https://secwatch.observer/filing/0001101215-25-000193.txt

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