OneMain Holdings Issues $1 Billion of 6.750% Senior Notes Due 2033
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OneMain Finance Corporation, a subsidiary of OneMain Holdings Inc., issued $1 billion in 6.750% Senior Notes due 2033. These notes are senior unsecured obligations guaranteed by OneMain Holdings Inc. and were sold in a public offering. They mature on September 15, 2033, with interest payable semiannually starting March 15, 2026. The issuance was under an existing indenture with Wilmington Trust as trustee. The notes are not guaranteed by OMFC’s subsidiaries and lack a sinking fund.
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