Bread financial announces convertible notes offering

Columbus, ohio--(business wire)--bread financial holdings, inc. (nyse: bfh) (“bread financial” or the “company”) announced today that it intends to offer, subject to market and other conditions, $275 million in aggregate principal amount of convertible senior notes due 2028 (the “convertible notes”). the company intends to use a portion of the net proceeds of the convertible notes offering to fund the cost of entering into the capped call transactions described below and intends to use the rema.
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