Bread Financial Holdings, Inc. announced the expiration of its cash tender offers described in the Offer to Purchase.
The total aggregate principal amount of the Company's Senior Notes due 2029 and Fixed-Rate Reset Subordinated Notes due 2035 were disclosed.
The Tender Offers expired on August 21, 2025, at 5:00 p.m., New York City time.
Total Aggregate Principal Amounts
$750,012,000 for 9.750% Senior Notes due 2029 and $121,000 for 8.375% Fixed-Rate Reset Subordinated Notes due 2035.
Tender Offers Expiration
The Tender Offers expired on August 21, 2025, with no tenders accepted after the Expiration Date.
Dealer Managers
J.P. Morgan Securities LLC acted as the Sole Lead Dealer Manager, and several other institutions served as co-dealer managers for the Tender Offers.
- The Company announced the details of the Tender Offers, highlighting the principal amounts tendered and the total consideration.
- Forward-looking statements regarding the financing plans, Tender Offers, and future transactions were included in the news release.
The successful expiration of the Tender Offers marks a significant milestone for Bread Financial Holdings, Inc., showcasing investor confidence and strategic financial management.