Short answer
BREAD FINANCIAL HOLDINGS, INC. (BFH) filed an 8-K current report with the SEC on May 5, 2026 reporting Item 8.01 (Other Events), Item EX-99.1 (Exhibit EX-99.1). Public offering launched for Series B depositary shares, each representing 1/40th of preferred stock.
BREAD FINANCIAL HOLDINGS, INC. 8-K event analysis
AI summary of each reported item and its exhibits
Item 8.01 · Other Events
- Public offering launched for Series B depositary shares, each representing 1/40th of preferred stock
- $25 liquidation preference per depositary share, equivalent to $1,000 per Series B preferred share
- Net proceeds targeted for corporate purposes, including potential bank funding and share repurchases
- Offering remains subject to market conditions, creating execution and pricing uncertainty
Item EX-99.1 · Exhibit EX-99.1
- Launch of underwritten offering for Series B preferred depositary shares, each representing 1/40th of a preferred share
- $25 liquidation preference per depositary share, equivalent to $1,000 per Series B preferred share
- Proceeds targeted for general corporate purposes, bank funding and share repurchases
- Planned NYSE listing could improve trading liquidity for the new securities
- Offering remains subject to market conditions and may not close on announced terms or at all
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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