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

Issuer:     BREAD FINANCIAL HOLDINGS, INC. (BFH)
CIK:        0001101215
Form:       8-K
Filed at:   2025-06-05T23:59:59+00:00
Accession:  0001193125-25-135322
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BFH early tender results: $537M notes tendered, $150M accepted at $1,071.25/$1k
-------------------------------------------------------------------------------

- As of June 4, 2025, approx. $536.8M of 9.750% Senior Notes due 2029 were tendered, exceeding the $150M Tender Cap.
- Accepted notes will be prorated at ~77.5% for bids at Clearing Premium; total consideration $1,071.25 per $1k principal.
- Settlement expected June 9, 2025; no further tenders after Early Participation Date will be accepted.
- Early participation amount of $50 per $1k included; accrued interest also payable.
- J.P. Morgan Securities acted as sole lead dealer manager; multiple co-dealer managers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1101215/000119312525135322/0001193125-25-135322-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1101215/000119312525135322/d939976d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-135322

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