debt
confidence high
sentiment neutral
materiality 0.60
OneMain Finance issues $900M of 6.625% Senior Notes due 2029, guaranteed by OneMain Holdings
OneMain Holdings, Inc.
- Principal $900M, interest 6.625%, semiannual payments starting May 15, 2025.
- Notes mature November 15, 2029; callable at par after November 15, 2028.
- Guaranteed on unsecured senior basis by OneMain Holdings (OMH).
- Proceeds for general corporate purposes, possibly debt repurchases or repayments.
- Underwritten by BNP Paribas Securities Corp. and others; closed November 4, 2024.