secwatch.observer — SEC 8-K summary
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Issuer:     BREAD FINANCIAL HOLDINGS, INC. (BFH)
CIK:        0001101215
Form:       8-K
Filed at:   2025-11-21T23:59:59+00:00
Accession:  0001101215-25-000198
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bread Financial prices $75M preferred stock offering; net proceeds ~$72.6M
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- Offering of 3,000,000 depositary shares at $25/share, each representing 1/40th interest in 8.625% Series A Preferred Stock.
- Expected net proceeds of approximately $72,637,500 after underwriting discounts and expenses.
- Proceeds for general corporate purposes, including potential contributions to Comenity Capital Bank and share repurchases.
- Closing expected on November 25, 2025; joint bookrunners: Wells Fargo, J.P. Morgan, Morgan Stanley, RBC.
- Company will apply to list depositary shares on NYSE.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1101215/000110121525000198/0001101215-25-000198-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1101215/000110121525000198/bfh-20251120.htm
  HTML page:      https://secwatch.observer/filing/0001101215-25-000198

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