OneMain Finance Corp Enters Material Definitive Agreement
| Field | Detail |
|---|---|
| Company | Onemain Finance Corp |
| Form Type | 8-K |
| Filed Date | Dec 18, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $1.0 billion |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation
TL;DR
OMF just signed a big deal, creating a new financial obligation. Details TBD.
AI Summary
On December 18, 2025, OneMain Finance Corporation entered into a material definitive agreement, creating a direct financial obligation. The filing does not specify the counterparty or the exact nature of the obligation, but it is a significant event for the company.
Why It Matters
This filing indicates a new financial commitment or obligation for OneMain Finance Corp, which could impact its financial structure and future operations.
Risk Assessment
Risk Level: medium — The creation of a new financial obligation can introduce new risks related to repayment, interest rates, or covenants, the specifics of which are not yet disclosed.
Key Players & Entities
- OneMain Finance Corporation (company) — Registrant
- December 18, 2025 (date) — Date of earliest event reported
FAQ
What is the nature of the material definitive agreement entered into by OneMain Finance Corporation?
The filing states that OneMain Finance Corporation entered into a material definitive agreement, but the specific details of the agreement are not provided in this summary.
What is the direct financial obligation created by this agreement?
The filing indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, but the specific terms and amount are not detailed.
When was this material definitive agreement reported?
The earliest event reported in this filing occurred on December 18, 2025.
What is the principal executive office address for OneMain Finance Corporation?
The address of the principal executive office is 601 N.W. Second Street, Evansville, Indiana 47708.
Has OneMain Finance Corporation undergone any previous name changes?
Yes, OneMain Finance Corporation was formerly known as Springleaf Finance Corp (name change on 20110307), American General Finance Corp (name change on 19920703), and Credithrift Financial Corp (name change on 19890330).
Filing Stats: 1,223 words · 5 min read · ~4 pages · Grade level 10.2 · Accepted 2025-12-18 16:10:50
Key Financial Figures
- $1.0 billion — on ("OMFC," "we," "us" or "our") issued $1.0 billion aggregate principal amount of our 6.750
Filing Documents
- ef20061523_8k.htm (8-K) — 40KB
- ef20061523_ex4-2.htm (EX-4.2) — 208KB
- ef20061523_ex5-1.htm (EX-5.1) — 18KB
- ef20061523_ex5-2.htm (EX-5.2) — 33KB
- image00001.jpg (GRAPHIC) — 4KB
- 0001140361-25-046021.txt ( ) — 482KB
- omfc-20251218.xsd (EX-101.SCH) — 4KB
- omfc-20251218_lab.xml (EX-101.LAB) — 20KB
- omfc-20251218_pre.xml (EX-101.PRE) — 14KB
- ef20061523_8k_htm.xml (XML) — 4KB
01
Item 1.01. Entry into a Material Definitive Agreement. On December 18, 2025, OneMain Finance Corporation ("OMFC," "we," "us" or "our") issued $1.0 billion aggregate principal amount of our 6.750% Senior Notes due 2033 (the "Notes") under an Indenture, dated as of December 3, 2014 (the "Base Indenture"), among OMFC, as issuer, OneMain Holdings, Inc., the direct sole shareholder of OMFC ("OMH"), as guarantor, and Wilmington Trust, National Association, as trustee (the "Trustee"), as amended and supplemented by a Twenty-Fourth Supplemental Indenture, dated as of December 18, 2025 (the "Supplemental Indenture" and, together with the Base Indenture, the "Indenture"), among OMFC, OMH and the Trustee, pursuant to which OMH provided a guarantee of the Notes. The Notes were offered and sold in an underwritten public offering made pursuant to a Prospectus, dated October 13, 2023, and a Prospectus Supplement, dated December 4, 2025, filed as part of OMFC's and OMH's joint Registration Statement on Form S-3 (Registration No. 333-274956-01) filed with the Securities and Exchange Commission (the "SEC"). The Notes are guaranteed on an unsecured basis by OMH. The Notes will mature on September 15, 2033 and bear interest at a rate of 6.750% per annum, payable semiannually in arrears on March 15 and September 15 of each year, beginning on March 15, 2026. The Notes are our senior unsecured obligations and rank equally in right of payment to all of our other existing and future unsubordinated indebtedness from time to time outstanding. The Notes are guaranteed by our direct parent company, OMH, and will not be guaranteed by any of our subsidiaries, including OneMain Financial Holdings, LLC, or any other party. The Notes are effectively subordinated to all of our secured obligations to the extent of the value of the assets securing such obligations, structurally subordinated to all existing and future liabilities of our subsidiaries (including OneMain Financial Holdings, LLC), and r
03
Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The disclosure provided in Item 1.01 of this Current Report on Form 8K is hereby incorporated by reference into this Item 2.03.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 4.1 Indenture relating to the Notes, dated as of December 3, 2014, among OneMain Finance Corporation, OneMain Holdings, Inc. and Wilmington Trust, National Association, as trustee, as filed with the SEC on December 3, 2014 as Exhibit 4.1 to OMFC's Current Report on Form 8-K (File No. 001-06155), and incorporated herein by reference. *4.2 Twenty-Fourth Supplemental Indenture relating to the Notes, dated as of December 18, 2025, among OneMain Finance Corporation, OneMain Holdings, Inc. and Wilmington Trust, National Association, as trustee (including the form of 6.750 % Senior Notes due 20 33 included therein as Exhibit A). *5.1 Opinion of Jeffrey M. Gershon. *5.2 Opinion of Skadden, Arps, Slate, Meagher & Flom LLP. *23.1 Consent of Jeffrey M. Gershon (included as part of Exhibit 5.1 hereto). *23.2 Consent of Skadden, Arps, Slate, Meagher & Flom LLP (included as part of Exhibit 5.2 hereto). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). * Filed herewith.
Signatures
Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ONEMAIN FINANCE CORPORATION By: /s/ Matthew W. Vaughan Name: Matthew W. Vaughan Title: Vice President - Senior Managing Director and Chief Financial Officer Date: December 18, 2025