June 22, 2018 8:46 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 operates in two segments, Consumer and Insurance; and Acquisitions and Servicing. The Consumer and Insurance segment originates and services personal loans secured by consumer goods, automobiles, or other personal property; and unsecured personal loans. This segment also offers credit insurance products comprising life, disability, and involuntary unemployment insurance; non-credit insurance; and auto membership plans. The Acquisitions and Servicing segment provides unsecured loans and loans secured by subordinate residential real estate mortgages, as well as closed-end acc...

601 N.W. Second Street

Evansville, IN 47708

United States

Founded in 1920

2,500 Employees

Phone:

812-424-8031

Key Executives for Springleaf Finance Corporation

President, CEO & Director
Age: 55
Executive VP & CFO
Age: 46
Executive Vice President of Branch Operations
Age: 54
Executive VP of Capital Markets & Director
Age: 59
Chief Administrative Officer & Executive VP
Age: 51
Compensation as of Fiscal Year 2017.

Springleaf Finance Corporation Key Developments

Springleaf Finance Corporation Proposes Senior Notes Offering

OneMain Holdings Inc. (“OMH”) announced that its indirect, wholly owned subsidiary Springleaf Finance Corporation (“SFC”) is proposing to offer up to $500 million aggregate principal amount of senior notes due 2025 (the “notes”), subject to market and other conditions. The notes will be guaranteed on an unsecured basis by OMH (the “guarantee”). 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 a partial redemption of the OMFH 7.250% Senior Notes due 2021 and other debt repurchases and repayments.

Springleaf Finance Corporation Proposes $500 Million Aggregate Principal Amount of Senior Notes Due 2023

OneMain Holdings Inc. (OMH) announced that its indirect, wholly owned subsidiary Springleaf Finance Corporation (SFC) is proposing to offer up to $500 million aggregate principal amount of senior notes due 2023, 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. Prospective investors should read the prospectus supplement and base prospectus in that registration statement and other documents OMH and SFC have filed or will file with the SEC for more complete information about OMH and SFC and this offering.

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.

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Recent Private Companies Transactions

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