---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-053261"
form_type: "8-K"
ticker: null
cik: "0000025598"
company_name: "ONEMAIN FINANCE CORP"
filed_at: "2023-11-14T23:59:59+00:00"
generated_at: "2026-06-08T04:14:53.094273+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# OneMain Finance issues $400M add-on 9.000% Senior Notes due 2029

## Summary
- Issued $400M aggregate principal of 9.000% Senior Notes due 2029 on Nov 14, 2023.
- Add-on to existing $500M of same notes; total $900M outstanding, same CUSIP and terms.
- Proceeds to redeem a portion of its 6.125% Senior Notes due 2024.
- Parent OneMain Holdings (OMH) guarantees the notes on an unsecured basis.
- Underwriters: BNP Paribas Securities Corp. and Mizuho Securities USA LLC.

## SEC filing metadata
- accession: 0001140361-23-053261
- form_type: 8-K
- cik: 0000025598
- company_name: ONEMAIN FINANCE CORP
- filed_at: 2023-11-14T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/25598/000114036123053261/0001140361-23-053261-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/25598/000114036123053261/ny20014322x9_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-053261
- JSON: https://secwatch.observer/filing/0001140361-23-053261.json
- Plain text: https://secwatch.observer/filing/0001140361-23-053261.txt

## Key facts
- Debt Financings
  ONEMAIN FINANCE CORP incurred senior notes of $400.0 million aggregate principal amount of our 9.000% Senior Notes due 2029 at 9.000% per annum maturing 2029.
  - Instrument: senior notes
  - Principal: $400.0 million aggregate principal amount of our 9.000% Senior Notes due 2029
  - Rate: 9.000% per annum
  - Maturity: 2029
  - Event: incurrence
  source text: OMFC of $400.0 million aggregate principal amount of our 9.000% Senior Notes due 2029
  evidence_url: https://www.sec.gov/Archives/edgar/data/25598/000114036123053261/0001140361-23-053261-index.htm
- Material Agreements
  ONEMAIN FINANCE CORP entered into Fifteenth Supplemental Indenture dated June 22, 2023 with HSBC Bank USA, National Association valued at $400,000,000 9.000% Senior Notes due 2029 (effective 2023-11-14).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: HSBC Bank USA, National Association
  - Value: $400,000,000 9.000% Senior Notes due 2029
  - Effective: 2023-11-14
  source text: On November 14, 2023, OMFC issued the Additional 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 (as defined below).
  evidence_url: https://www.sec.gov/Archives/edgar/data/25598/000114036123053261/0001140361-23-053261-index.htm
- Material Agreements
  ONEMAIN FINANCE CORP entered into Underwriting Agreement dated November 9, 2023 with BNP Paribas Securities Corp. and Mizuho Securities USA LLC valued at $400,000,000 9.000% Senior Notes due 2029 (effective 2023-11-09).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: BNP Paribas Securities Corp. and Mizuho Securities USA LLC
  - Value: $400,000,000 9.000% Senior Notes due 2029
  - Effective: 2023-11-09
  source text: On November 9, 2023, OneMain Finance Corporation ("OMFC," "we," "us" or "our") entered into an underwriting agreement (the "Underwriting Agreement") with OneMain Holdings, Inc., the direct sole shareholder of OMFC ("OMH"), as guarantor, and BNP Paribas Securities Corp. and Mizuho Securities USA LLC, as representatives of the several underwriters named therein (the "Underwriters"), relating to the issuance and sale by OMFC of $400.0 million aggregate principal amount of our 9.000% Senior Notes due 2029 (the "Additional Notes") in an "add-on" underwritten public offering made pursuant to a registration statement and related prospectus supplement filed with the Securities and Exchange Commission ("SEC").
  evidence_url: https://www.sec.gov/Archives/edgar/data/25598/000114036123053261/0001140361-23-053261-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.