NEW YORK–(BUSINESS WIRE)–OneMain Holdings, Inc. (NYSE: OMF) announced today that its direct, wholly-owned subsidiary OneMain Finance Corporation is proposing to offer $500 million aggregate principal amount of its senior notes due 2028, subject to market and other conditions. The 2028 notes will be guaranteed on an unsecured basis by OMH. There can be no assurance that the offering of the 2028 notes will be consummated.
OMFC intends to use the net proceeds from this offering for general corporate purposes, which may include debt repurchases and repayments.
About OneMain Holdings, Inc.
OneMain Holdings, Inc. (NYSE: OMF) has been offering responsible and transparent loans for over 100 years. With approximately 1,400 locations throughout 44 states, the company is committed to helping people with their personal loan needs. OneMain and its team members are dedicated to the communities where they live and work.
