September 25, 2016 3:57 PM ET

Consumer Finance

Company Overview of Springleaf Finance Corporation

Company Overview

Springleaf Finance Corporation, a financial services holding company, engages in the consumer finance and credit insurance businesses. It operates in three segments: Consumer and Insurance, Acquisitions and Servicing, and Real Estate. The Consumer and Insurance segment originates and services secured and unsecured personal loans; credit insurance products comprising life insurance, health insurance, property and casualty, and involuntary unemployment insurance; non-credit insurance; and ancillary products, such as warranty protection. The Acquisitions and Servicing segment provides unsecured loans and loans secured by subordinate residential real estate mortgages, as well as closed-end accou...

601 N.W. Second Street

Evansville, IN 47708

United States

Founded in 1920

3,500 Employees

Phone:

812-424-8031

Key Executives for Springleaf Finance Corporation

Chief Executive Officer, President and Director
Age: 54
Chief Financial Officer and Executive Vice President
Age: 48
Executive Vice President of Branch Operations
Age: 53
Executive Vice President of Capital Markets and Director
Age: 58
Chief Administrative Officer and Executive Vice President
Age: 50
Compensation as of Fiscal Year 2016.

Springleaf Finance Corporation Key Developments

Springleaf Finance Corporation Proposes to Offer Up to $400 Million Aggregate Principal Amount of Senior Notes Due 2020

Springleaf Finance Corporation proposed to offer up to $400 million aggregate principal amount of senior notes due 2020, 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.

Springleaf Finance Corporation Announces Unaudited Pro Forma Consolidated Earnings Results for the Year Ended December 31, 2015

Springleaf Finance Corporation announced unaudited pro forma consolidated earnings results for the year ended December 31, 2015. For the year, the company reported Interest income of $1,203 million. Net interest income was $618 million. Loss before benefit from income taxes was $86 million. Net loss was 61 million. Net loss attributable to the company was $61 million. Total other Revenue was $242 million.

Springleaf Finance Seeks Acquisitions

Springleaf Finance Corporation is offering $700 million aggregate principal amount of 5.25% Senior Notes due 2019. A portion of the proceeds will be used debt repurchases and possible acquisitions.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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