Bread Financial Announces Pricing of an Offering of Depositary Shares Representing Interests in Its Series C Preferred Stock

Bread Financial Holdings, Inc. (NYSE: BFH) announced the pricing of 5 million depositary shares representing interests in its 9.375% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C, at $25 per depositary share. The offering is expected to generate approximately $120.2 million in net proceeds, with closing expected on November 3, 2026. The company intends to use proceeds for general corporate purposes, including potential contributions to its subsidiary Comenity Capital Bank and share repurchases.