debt
confidence high
sentiment neutral
materiality 0.50
OneMain Finance issues $600M 7.125% senior notes due 2034, guaranteed by OneMain Holdings
OneMain Holdings, Inc.
- $600.0M aggregate principal of 7.125% Senior Notes due 2034 issued by OneMain Finance Corp.
- Notes mature March 15, 2034; interest payable semiannually from March 15, 2027.
- Guaranteed on unsecured basis by OneMain Holdings; no subsidiary guarantees.
- Make-whole redemption prior to Aug 15, 2029; then at prices 103.5625% (2029) declining to 100% (2031+).
- Offered via underwritten public offering under existing shelf registration.