debt
confidence high
sentiment neutral
materiality 0.50
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.