secwatch.observer — SEC 8-K summary
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Issuer:     ONEMAIN FINANCE CORP (—)
CIK:        0000025598
Form:       8-K
Filed at:   2023-12-13T23:59:59+00:00
Accession:  0001140361-23-057492
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OneMain Finance issues $700M of 7.875% Senior Notes due 2030; proceeds to redeem 6.125% Senior Notes
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- Issued $700M aggregate principal amount of 7.875% Senior Notes due 2030 in underwritten public offering closing Dec 13, 2023.
- Net proceeds to redeem remainder of outstanding 6.125% Senior Notes and for general corporate purposes, including debt repurchases.
- Notes mature 2030; interest payable semiannually Mar 15 and Sep 15, starting Mar 15, 2024.
- Callable at make-whole prior to Dec 15, 2026; thereafter at 103.938% (2026), 101.969% (2027), 100% (2028+).
- Guaranteed on unsecured basis by parent OneMain Holdings, Inc.; rank equally with other unsubordinated debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/25598/000114036123057492/0001140361-23-057492-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/25598/000114036123057492/ny20016418x5_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-057492

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