OneMain Holdings, Inc. (OMF): debt financing — OneMain Finance Corp issues $600M of 6.750% Senior Notes due 2032

OneMain Holdings, Inc.

$600M principal, 6.750% rate, matures March 15, 2032.
Interest payable semiannually on March 15 and September 15, starting Sep 15, 2025.
Notes are senior unsecured obligations of OMFC, guaranteed by OneMain Holdings.
Redemption: make-whole before Mar 15, 2028; step-down prices of 103.375% (2028), 101.6875% (2029), then par.
Covenants limit liens and restrict merger/sale of assets; standard events of default apply.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

OneMain Holdings, Inc. incurred senior notes of $600.0 million aggregate principal amount with HSBC Bank USA, National Association at 6.750% per annum maturing March 15, 2032.

Instrument: senior notes
Principal: $600.0 million aggregate principal amount
Counterparty: HSBC Bank USA, National Association
Rate: 6.750% per annum
Maturity: March 15, 2032
Event: incurrence

Exact text from the filing

On March 13, 2025, OneMain Finance Corporation (“OMFC”), a direct subsidiary of OneMain Holdings, Inc. (“OMH,” “we,” “us” or “our”) issued $600.0 million aggregate principal amount of OMFC’s 6.750% Senior Notes due 2032 (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 Twentieth Supplemental Indenture, dated as of March 13, 2025 (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

26 debt financings filed in the last 30 days. Browse all debt financings →

OneMain Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001140361-25-008649

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.