secwatch.observer — SEC 8-K summary
======================================

Issuer:     BREAD FINANCIAL HOLDINGS, INC. (BFH)
CIK:        0001101215
Form:       8-K
Filed at:   2022-12-15T23:59:59+00:00
Accession:  0001140361-22-045714
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bread Financial amends credit agreement to replace LIBOR with SOFR as benchmark
-------------------------------------------------------------------------------

- Entered Eighth Amendment to existing credit agreement transitioning benchmark rate from LIBOR to SOFR.
- Updated borrower name to Bread Financial Holdings, Inc. (formerly Alliance Data Systems Corp.) – no economic changes.
- No new borrowings; existing term loans and commitments unchanged.
- Amendment executed with all lenders, effective December 13, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1101215/000114036122045714/0001140361-22-045714-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1101215/000114036122045714/brhc10045235_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-22-045714

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer