August 18, 2017 1:09 AM ET

Consumer Finance

Company Overview of Springleaf Finance Corporation

Company Overview

Springleaf Finance Corporation, a consumer finance company, provides personal loans and insurance products. The company offers personal loans secured by consumer goods, automobiles, or other personal property; and unsecured personal loans. Its insurance products include credit insurance products, such as life, disability, and involuntary unemployment insurance; and non-credit insurance, as well as auto membership plans. As of December 31, 2016, Springleaf Finance Corporation had 700 branch offices in 28 states. The company was formerly known as American General Finance Corporation and changed its name to Springleaf Finance Corporation in March 2011. The company was founded in 1920 and is bas...

601 N.W. Second Street

Evansville, IN 47708

United States

Founded in 1920

2,800 Employees

Phone:

812-424-8031

Key Executives for Springleaf Finance Corporation

Chief Executive Officer, President and Director
Age: 55
Chief Financial Officer and Executive Vice President
Age: 49
Executive Vice President of Branch Operations
Age: 54
Executive Vice President of Capital Markets and Director
Age: 59
Chief Administrative Officer and Executive Vice President
Age: 51
Compensation as of Fiscal Year 2017.

Springleaf Finance Corporation Key Developments

Springleaf Finance Corporation Proposes Offering of Additional Senior Notes

OneMain Holdings Inc. announced that its indirect, wholly owned subsidiary Springleaf Finance Corporation is proposing to offer up to $500 million aggregate principal amount of 6.125% senior notes due 2022, subject to market and other conditions. The additional notes will be guaranteed on an unsecured basis by OMH. The additional notes will be treated as a single series with, and have the same CUSIP number as, SFC’s outstanding $500 million aggregate principal amount of 6.125% senior notes due 2022 issued on May 15, 2017. There can be no assurance that the offering of the notes will be consummated. The company intends to use the net proceeds from the offering to repurchase and retire approximately $466 million aggregate principal amount of the company’s 6.90% medium-term notes, series J due December 2017, and the remainder will be used for general corporate purposes, which may include additional debt repurchases and repayments.

Springleaf Finance Corporation Announces Pricing of $500 Million Aggregate Principal Amount of Senior Notes

OneMain Holdings Inc. announced Springleaf Finance Corporation priced $500 million aggregate principal amount of 6.125% senior notes due May 2022 (the “notes”) in connection with its previously announced registered notes offering. The notes will be guaranteed on an unsecured basis by OMH (the “guarantee”). The size of the offering of the notes has been upsized from $400 million to $500 million. The closing of the offering is expected to occur on May 15, 2017, subject to customary closing conditions.

Springleaf Finance Corporation Proposes Offering Up to $400 Million Aggregate Principal Amount of Senior Notes Due 2022

OneMain Holdings Inc. (“OMH”) announced that its indirect, wholly owned subsidiary Springleaf Finance Corporation (“SFC”) is proposing to offer up to $400 million aggregate principal amount of senior notes due 2022, subject to market and other conditions. The notes will be guaranteed on an unsecured basis by OMH. There can be no assurance that the offering of the notes will be consummated. SFC intends to use the net proceeds from the offering for general corporate purposes, which may include debt repurchases and repayments. The offering is being made only by means of a prospectus supplement and accompanying base prospectus. OMH and SFC have filed a registration statement (including a base prospectus) and a preliminary prospectus supplement with the U.S. Securities and Exchange Commission (“SEC”) for the offering to which this communication relates and will file a final prospectus supplement relating to the offering.

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Recent Private Companies Transactions

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Date
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No transactions available in the past 12 months.
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