secwatch / observer
8-K filed June 22, 2023, 7:59 PM ET CIK 0000025598
debt confidence high sentiment neutral materiality 0.55

ONEMAIN FINANCE CORP: debt financing — OneMain Finance issues $500M of 9.000% Senior Notes due 2029

ONEMAIN FINANCE CORP

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.99

ONEMAIN FINANCE CORP incurred senior notes of $500.0 million aggregate principal amount with Underwritten public offering at 9.000% per annum maturing January 15, 2029.

Instrument
senior notes
Principal
$500.0 million aggregate principal amount
Counterparty
Underwritten public offering
Rate
9.000% per annum
Maturity
January 15, 2029
Event
incurrence
Exact text from the filing
On June 22, 2023, OneMain Finance Corporation (“OMFC,” “we,” “us” or “our”), a direct subsidiary of OneMain Holdings, Inc. (“OMH”), issued $500.0 million aggregate principal amount of its 9.000% Senior Notes due 2029 (the “Notes”) under an Indenture, dated as of December 3, 2014 (the “Base Indenture”), among OMFC, as issuer, OMH, as guarantor, and Wilmington Trust, National Association, as trustee, as amended and supplemented by a Fifteenth Supplemental Indenture, dated as of June 22 , 2023 (the “Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), among OMFC, OMH and HSBC Bank USA, National Association, as series trustee (the “Trustee”), pursuant to which OMH provided a guarantee of the Notes.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.98

ONEMAIN FINANCE CORP entered into Fifteenth Supplemental Indenture with Wilmington Trust, National Association, HSBC Bank USA, National Association valued at $500,000,000 aggregate principal amount of 9.000% Senior Notes due 2029 (effective 2023-06-22).

Action
entry
Agreement
notes offering
Counterparty
Wilmington Trust, National Association, HSBC Bank USA, National Association
Value
$500,000,000 aggregate principal amount of 9.000% Senior Notes due 2029
Effective
2023-06-22
Exact text from the filing
On June 22, 2023, OneMain Finance Corporation (“OMFC,” “we,” “us” or “our”), a direct subsidiary of OneMain Holdings, Inc. (“OMH”), issued $500.0 million aggregate principal amount of its 9.000% Senior Notes due 2029 (the “Notes”) under an Indenture, dated as of December 3, 2014 (the “Base Indenture”), among OMFC, as issuer, OMH, as guarantor, and Wilmington Trust, National Association, as trustee, as amended and supplemented by a Fifteenth Supplemental Indenture, dated as of June 22 , 2023 (the “Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), among OMFC, OMH and HSBC Bank USA, National Association, as series trustee (the “Trustee”), pursuant to which OMH provided a guarantee of the Notes.
View on SEC.gov

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Source: SEC EDGAR
accession 0001140361-23-030963
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