OneMain Holdings (OMF) Announces Proposed Secondary Offering of Common Stock
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OneMain Holdings, Inc. Announces Proposed Secondary Offering of Common Stock
February 10, 2021 7:00 AM ESTEVANSVILLE, Ind.--(BUSINESS WIRE)-- OneMain Holdings, Inc. (NYSE: OMF) (the Company) announced today the commencement of a proposed secondary public offering of 7.0 million shares of the Companys common stock by certain entities managed by affiliates of Apollo Global Management, Inc. and Värde Partners, Inc. (together, the selling stockholders). The 7.0 million shares of common stock to be sold in this offering represents approximately 5.2% of the Companys outstanding common stock as of February 1, 2021. The Company is not selling any shares and will not receive any proceeds from the proposed offering.
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