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Prospect News home > News index > List of issuers O > Headlines for OneMain Holdings, Inc. > News item
Published on 11/5/2019 in the Prospect News High Yield Daily.

S&P rates Springleaf notes BB-

S&P said it assigned its BB- senior unsecured debt rating on Springleaf Finance Corp.’s proposed $750 million of unsecured notes due in 2029.

Springleaf is a direct, wholly owned subsidiary of OneMain Holdings Inc. The notes will be guaranteed on an unsecured basis by OneMain, which is rated BB-.

Proceeds will be used for general corporate purposes.

The outlook is stable.


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