Bread Financial amends JPMorgan-led credit agreement for USD 700 million revolver

Reuters2026/09/08 20:34

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Bread Financial entered Amendment No. 2 to its credit agreement for a USD 700 million senior unsecured revolving credit facility.
JPMorgan Chase Bank acted as administrative agent on the amended facility, alongside the lender group.
The changes primarily carve out covenant flexibility to allow the planned merger of Comenity Bank into Comenity Capital Bank.
Regulatory clearances for the bank merger were received on July 31, 2026.
Closing is expected around Oct. 1, 2026, subject to waiting periods and customary conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bread Financial Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001101215-26-000081), on September 08, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Bread Financial amends JPMorgan-led credit agreement for USD 700 million revolver

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