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OneMain Holdings Inc (OMF) delivers personal loan solutions and nonprime consumer credit through its nationwide branch system and digital platforms. This news hub provides investors and industry observers with timely updates on corporate developments, financial performance, and strategic initiatives shaping the consumer finance sector.
Access comprehensive coverage of OMF's earnings reports, regulatory filings, and operational milestones. Our curated collection includes updates on loan portfolio management, credit risk strategies, and expansion efforts like the company's entry into auto lending through strategic acquisitions.
Monitor critical announcements including dividend declarations, leadership changes, and compliance updates. The resource serves as both historical archive and current awareness tool, enabling users to track emerging patterns in nonprime lending markets and corporate decision-making.
Bookmark this page for streamlined access to OneMain Holdings' official communications and third-party analysis. Check regularly for updates reflecting the company's evolving position in consumer finance and its responses to regulatory changes in the lending sector.
OneMain Holdings (NYSE: OMF) has closed a $750 million Social Bond issuance through its subsidiary, OneMain Finance Corporation. The proceeds aim to support credit-disadvantaged communities, with at least 75% allocated to women or minority borrowers. This milestone aligns with OneMain's commitment to financial inclusion and empowering underserved groups. The bond, rated Ba3/BB-/BB+, has a 3.500% coupon and matures on January 15, 2027. The issuance reflects OneMain's dedication to corporate social responsibility and responsible lending practices.
OneMain Holdings (NYSE: OMF) announced that CFO Micah Conrad and CSO Jenny Osterhout will present at the Jefferies Virtual Consumer Conference on June 23 at 9:10 a.m. Eastern. The event will be accessible to the public via a live audio webcast on the Investor Relations section of their website. A replay of the conference will be available until September 21, 2021. With over 100 years of experience, OneMain Financial operates approximately 1,400 locations across 44 states, focusing on providing responsible personal loans.
OneMain Holdings (NYSE: OMF) announced that its subsidiary, OneMain Finance Corporation, has priced a $750 million offering of 3.500% senior notes due 2027, increasing the offering size from $500 million. The offering is expected to close on June 22, 2021, pending customary conditions. The net proceeds will help finance loans that meet the OneMain Social Bond Framework criteria, aiming to support access to financial services for underserved communities. The offering is registered with the SEC and is detailed in accompanying prospectus documents.
OneMain Holdings, Inc. (NYSE: OMF) announced a proposed offering of $500 million in senior notes due 2027 through its subsidiary, OneMain Finance Corporation. These notes will be backed by an unsecured guarantee from OneMain Holdings. Proceeds will support loans that align with the OneMain Social Bond Framework, aimed at improving access to financial services for underserved communities. Neuberger Berman has made an anchor order in this offering. No guarantee exists that the offering will complete as planned.
OneMain Holdings (NYSE: OMF) announced that Doug Shulman, Chairman and CEO, along with CFO Micah Conrad, will present at the Wells Fargo Virtual Financial Services Conference. The event is scheduled for 10:40 a.m. Eastern Time on Thursday, May 20, 2021. Investors can access the live audio webcast via the Investor Relations section of OneMain's website. A replay will be available until August 18, 2021. OneMain Financial has been providing personal loans for over 100 years and operates approximately 1,500 locations across 44 states.
OneMain Holdings, Inc. (NYSE: OMF) has announced a change in location for its 2021 Annual Meeting of Stockholders, which will now be held at its corporate offices in Evansville, Indiana. The meeting is scheduled for Tuesday, May 25, 2021, at 1:00 p.m. local time. OneMain Financial has been providing responsible loans for over 100 years, with around 1,500 locations across 44 states, focusing on personal loan solutions and community involvement.
OneMain Holdings, Inc. (NYSE: OMF) has priced a secondary public offering of 8,000,000 shares at $53.50 per share, totaling approximately 5.9% of its outstanding common stock. The offering is managed by affiliates of Apollo Global Management and Värde Partners. OneMain will not receive proceeds from this sale, expected to close on May 4, 2021. Additionally, underwriters have a 30-day option to purchase up to 1,200,000 additional shares. Investors are advised to review the prospectus for full details.
OneMain Holdings, Inc. (NYSE: OMF) has initiated a secondary public offering of 8,000,000 shares of its common stock, representing approximately 5.9% of its outstanding shares. The offering is being made by affiliates of Apollo Global Management and Värde Partners. OneMain will not receive any proceeds from the sale, which is facilitated by underwriters Barclays, Citi, and RBC Capital Markets. Additionally, the underwriters have a 30-day option to purchase up to 1,200,000 additional shares. This offering follows regulatory filings with the SEC.
OneMain Holdings reported a significant increase in Q1 2021 financial results, with a pretax income of $546 million and net income of $413 million, up from $43 million and $32 million in the prior year. Earnings per diluted share surged to $3.06 from $0.24. The company raised its quarterly dividend by 56% to $0.70 and initiated a $150 million share repurchase program. Additionally, OneMain announced its acquisition of Trim, enhancing its digital offerings for financial wellness.
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