04:44 AM EDT, 10/29/2025 (MT Newswires) -- Bread Financial ( BFH ) said late Tuesday it priced a $500 million private offering of 6.75% senior notes due 2031 at 100% of their principal amount, for about $493 million in expected net proceeds.

Proceeds from the offering, set to close Nov. 6, along with $275 million in cash, would be used to fully redeem the company's 9.75% senior notes due 2029.

Bread Financial ( BFH ) shares were down 1.4% in recent premarket activity Wednesday.