secwatch.observer — SEC 8-K summary
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Issuer:     BREAD FINANCIAL HOLDINGS, INC. (BFH)
CIK:        0001101215
Form:       8-K
Filed at:   2023-12-22T23:59:59+00:00
Accession:  0001140361-23-059189
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bread Financial closes $600M offering of 9.750% Senior Notes due 2029
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- $600M principal amount of 9.750% Senior Notes due March 15, 2029, interest payable semi-annually.
- Notes are senior unsecured obligations, guaranteed by certain domestic subsidiaries.
- Company may redeem notes on/after March 15, 2026 at specified redemption prices; prior to that, make-whole premium applies.
- Holders can require repurchase at 101% upon a Change of Control.
- Indenture contains standard covenants limiting indebtedness, liens, investments, and asset sales.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1101215/000114036123059189/0001140361-23-059189-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1101215/000114036123059189/ef20017080_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-059189

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