---
schema_version: "secwatch.filing_event.v1"
accession: "0001601712-25-000239"
form_type: "8-K"
ticker: "SYF"
cik: "0001601712"
company_name: "Synchrony Financial"
filed_at: "2025-08-05T23:59:59+00:00"
generated_at: "2026-05-17T20:43:34.396739+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Synchrony to acquire Lowe's commercial co-branded credit card portfolio ($0.8B receivables)

## Summary
- Acquisition of ~$0.8B in loan receivables from Lowe's commercial co-branded card portfolio.
- Expects to record reserve of up to $50M in Q3 2025 in connection with the acquisition.
- Completion and program launch expected in first half of 2026, subject to customary closing conditions.
- Synchrony will become the issuer of the commercial co-branded credit card program.

## SEC filing metadata
- accession: 0001601712-25-000239
- form_type: 8-K
- ticker: SYF
- cik: 0001601712
- company_name: Synchrony Financial
- filed_at: 2025-08-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1601712/000160171225000239/0001601712-25-000239-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1601712/000160171225000239/syf-20250805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001601712-25-000239
- JSON: https://secwatch.observer/filing/0001601712-25-000239.json
- Plain text: https://secwatch.observer/filing/0001601712-25-000239.txt

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