Bread Financial announces early tender results

Bread Financial (BFH) Holdings announced that as of 5:00 p.m., New York City time, on August 6, 2025, pursuant to and in accordance with its previously announced cash tender offers described in the Offer to Purchase, dated July 24, 2025 $28,402,000 in aggregate principal amount of the Company’s 9.750% Senior Notes due 2029 and $121,000 in aggregate principal amount of the Company’s 8.375% Fixed-Rate Reset Subordinated Notes due 2035 had been validly tendered on or prior to the Early Participation Date and such Notes are expected to be accepted for purchase for Total Consideration of $1,070 for each $1,000 principal amount of the 2029 Notes and $1,025 for each $1,000 principal amount of the 2035 Notes. Subject to satisfaction or waiver of the conditions set forth in the Offer to Purchase, the Company anticipates that settlement of such Notes will occur on August 11, 2025