OneMain Financial is a consumer finance company offering personal loans, primarily to borrowers with less-than-perfect credit, through a network of physical branches and online channels.
This financial article provides a detailed overview of the bond identified by ISIN US85172FAM14 and CUSIP 85172FAM1, issued by OneMain Finance, a prominent consumer finance company operating in the United States and specializing in personal loans, which carried a fixed interest rate of 6.875% denominated in USD. This obligation, part of a total issuance size of $1,250,000,000 with a minimum purchase size of $2,000, historically traded at a market price of 100%, featured semi-annual interest payments, reached its maturity on March 14, 2025, and has since been fully repaid. Prior to its maturity, the bond received credit ratings of BB- from Standard & Poor's (S&P) and Ba3 from Moody's, reflecting its standing within the financial markets.
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