# ONEMAIN FINANCE CORP — capital_raise/public_offering [pending]
Source: SEC API (secapi.ai) · situation sit_b71a2e88377ec0025cd2 · retrieved 2026-08-12T06:55:45.137Z

## Overview
OneMain Finance Corporation is a personal credit institution that originates and services consumer loans and related financial products.

OneMain Finance Corporation entered into an underwriting agreement on August 6, 2026 with Barclays Capital Inc. and BMO Capital Markets Corp. as representatives of the underwriters to issue and sell $600.0 million aggregate principal amount of 7.125% Senior Notes due 2034. OneMain Holdings, Inc., the direct parent company, guarantees the notes. The offering is expected to close on August 20, 2026, subject to customary closing conditions. The company intends to use net proceeds for general corporate purposes, which may include debt repurchases and repayments.

## Terms
- Counterparty: Barclays Capital Inc., BMO Capital Markets Corp., and other underwriters · Deal value: $600.0M · Consideration: cash

## Key dates
- Announced 2026-08-07 · Expected close 2026-08-20

## Timeline
- 2026-08-07 · 8-K (0001140361-26-031875): 8-K - ONEMAIN FINANCE CORP — *OneMain Finance Corporation is a personal credit institution that originates and services consumer loans and related financial products.* OneMain Finance Corporation entered into an underwriting agreement on August 6, 2026 with Barclays Capital Inc. and BMO Capital Markets Corp. as representatives of the underwriters to issue and sell $600.0 million aggregate principal amount of 7.125% Senior Notes due 2034. OneMain Holdings, Inc., the direct parent company, guarantees the notes. The offering is expected to close on August 20, 2026, subject to customary closing conditions. The company intends to use net proceeds for general corporate purposes, which may include debt repurchases and repayments.
  https://www.sec.gov/Archives/edgar/data/25598/0001140361-26-031875.txt

## Citations
- 0001140361-26-031875 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000114036126031875
