secwatch.observer — SEC 8-K summary
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Issuer:     BREAD FINANCIAL HOLDINGS, INC. (BFH)
CIK:        0001101215
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001101215-26-000053
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bread Financial prices $115M preferred stock offering at 8.875% dividend rate
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- Pricing of 4,800,000 depositary shares representing Series B 8.875% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock at $25/share.
- Net proceeds of approximately $115.32 million (excluding underwriter option) for general corporate purposes, including bank capital and share repurchases.
- Underwriters granted 30-day option to purchase up to an additional 720,000 depositary shares at the same price.
- Closing expected May 12, 2026; application to list on NYSE.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1101215/000110121526000053/0001101215-26-000053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1101215/000110121526000053/bfh-20260505.htm
  HTML page:      https://secwatch.observer/filing/0001101215-26-000053

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