Bread Financial (BFH) Announces Refinancing Commitments
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Bread Financial Announces Refinancing Commitments
June 8, 2023 6:45 AM EDT-Bread Financial signs credit agreement for a $1.275 billion lending facility
-Supports continued growth and debt reduction plan while extending maturities
COLUMBUS, Ohio--(BUSINESS WIRE)-- Bread Financial Holdings, Inc. (NYSE: BFH) announced today that it has entered into a credit agreement with JPMorgan Chase Bank, N.A., and other financial institutions, pursuant to which the lenders have agreed to provide a $700 million senior unsecured revolving credit facility and a $575 million senior unsecured delayed draw term loan facility, subject to certain conditions. The effectiveness of this new... More
