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Published on 3/20/2018 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

OneMain Financial to redeem $400 million of 7¼% senior notes due 2021

By Wendy Van Sickle

Columbus, Ohio, March 20 – OneMain Financial Holdings, LLC will redeem a $400 million portion of its $800 million 7¼% senior notes due 2021, according to an 8-K filed with the Securities and Exchange Commission.

The notes will be redeemed on April 18 at 103.625% of par plus accrued interest up to the redemption date.

OneMain is an Evansville, Ind.-based consumer finance company.


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