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Published on 12/8/2020 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

OneMain to redeem $650 million remaining of 7¾% notes due 2021

By Taylor Fox

New York, Dec. 8 – OneMain Holdings, Inc. plans to redeem its outstanding $650 million remaining of OneMain Finance Corp.’s 7¾% senior notes due 2021, according to a news release.

The notes will be redeemed using proceeds from its $500 million note offering, together with cash on hand.

OneMain is an Evansville, Ind.-based financial services provider.


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