Core Viewpoint - Bread Financial Holdings, Inc. has announced the pricing of its underwritten public offering of depositary shares representing a 1/40th interest in its Non-Cumulative Perpetual Preferred Stock, Series A, with a liquidation preference of $25 per Depositary Share [1][2]. Group 1: Offering Details - The offering is expected to close on November 25, 2025, and is projected to generate approximately $72.64 million in net proceeds after deducting underwriting discounts and estimated offering expenses [2][3]. - The net proceeds will be used for general corporate purposes, which may include contributions or loans to its subsidiary bank, Comenity Capital Bank, and share repurchases [3]. Group 2: Listing and Regulatory Information - The Company plans to apply for listing the Depositary Shares on The New York Stock Exchange [2]. - The offering is being conducted under an effective registration statement filed with the Securities and Exchange Commission (SEC), and a final prospectus supplement will be available on the SEC's website [4]. Group 3: Company Overview - Bread Financial is a tech-forward financial services company that provides personalized payment, lending, and saving solutions to millions of U.S. consumers, including general purpose credit cards and savings products [6]. - The Company supports growth for recognized brands in various sectors through private label and co-brand credit cards and pay-over-time products [6].