---
schema_version: "secwatch.filing_event.v1"
accession: "0001101215-26-000047"
form_type: "8-K"
ticker: "BFH"
cik: "0001101215"
company_name: "BREAD FINANCIAL HOLDINGS, INC."
filed_at: "2026-05-05T23:59:59+00:00"
generated_at: "2026-05-14T23:13:05.765857+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Offering of depositary shares, each representing 1/40th interest in Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B.
- Liquidation preference $25 per depositary share ($1,000 per preferred share).
- Net proceeds for general corporate purposes, may include contribution to Comenity Capital Bank and share repurchases.
- Joint bookrunners: Morgan Stanley, RBC, UBS, Wells Fargo, Keefe Bruyette & Woods.
- Offering subject to market conditions; no assurance of completion.

## SEC filing metadata
- accession: 0001101215-26-000047
- form_type: 8-K
- ticker: BFH
- cik: 0001101215
- company_name: BREAD FINANCIAL HOLDINGS, INC.
- filed_at: 2026-05-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1101215/000110121526000047/0001101215-26-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1101215/000110121526000047/bfh-20260505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001101215-26-000047
- JSON: https://secwatch.observer/filing/0001101215-26-000047.json
- Plain text: https://secwatch.observer/filing/0001101215-26-000047.txt

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