debt
confidence high
sentiment neutral
materiality 0.50
OneMain Finance Corp issues $800M 7.125% Senior Notes due 2032
OneMain Holdings, Inc.
- $800M aggregate principal of 7.125% Senior Notes due September 15, 2032.
- Notes are unsecured senior obligations of OMFC; guaranteed by OneMain Holdings.
- Interest payable semiannually on March 15 and September 15, starting Sept 15, 2025.
- Redeemable at make-whole before June 15, 2028; then at 103.5625% (2028), 101.78125% (2029), par (2030+).
- Indenture includes customary covenants limiting liens and mergers, plus standard events of default.
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