COLUMBUS, Ohio, July 24, 2025 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE: BFH) ('Bread Financial” or the 'Company”) today announced it has commenced cash tender offers (the 'Tender Offers” and each, a 'Tender Offer”) to purchase up to $150.0 million (subject to increase, the 'Aggregate Tender Cap”) aggregate principal amount of its 9.750% Senior Notes maturing March 2029 (the '2029 Notes”) and/or its 8.375% Fixed-Rate Reset Subordinated Notes due 2035, maturing June 2035 (the '2035 Notes” and, together with the 2029 Notes, the 'Notes”) subject to (i) the aggregate principal amount of all 2029 Notes accepted for purchase not exceeding $100.0 million (the '2029 Notes Sublimit”) and (ii) the aggregate principal amount of all 2035 Notes accepted for purchase not exceeding $50.0 million (the '2035 Notes Sublimit” and, together with the 2029 Notes Sublimit, the 'Sublimits” and each, respectively, a 'Sublimit”). The Tender Offers are being made on the terms and subject to the conditions set forth in the Offer to Purchase, dated July 24, 2025 (as it may be amended or supplemented, the 'Offer to Purchase”).