Bread Financial amends JPMorgan-led credit agreement for USD 700 million revolver - BFH News | RalliesBread Financial amends JPMorgan-led credit agreement for USD 700 million revolver
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BFH• Bread Financial amends credit agreement
- 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.
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