OneMain Holdings Inc. has announced a new financial maneuver involving its subsidiary, OneMain Finance Corporation. The company plans to issue and sell $750 million in 6.125% Senior Notes due 2030. The proceeds from this offering will be primarily used to redeem all outstanding 9.000% Senior Notes due 2029. Any additional funds from this transaction will be allocated for general corporate purposes, which may include further debt repurchases and repayments. The offering is set to close on August 12, 2025, pending customary closing conditions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OneMain Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-25-028029), on July 30, 2025, and is solely responsible for the information contained therein.