OneMain Financial (OMF) Announces Proposed 8M Share Secondary Offering of Common Stock

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Go back to OneMain Financial (OMF) Announces Proposed 8M Share Secondary Offering of Common Stock

OneMain Holdings, Inc. Announces Proposed Secondary Offering of Common Stock

April 28, 2021 4:39 PM EDT

EVANSVILLE, Ind.--(BUSINESS WIRE)-- OneMain Holdings, Inc. (NYSE: OMF) (the Company) announced today the commencement of a proposed secondary public offering of 8,000,000 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 8,000,000 shares of common stock to be sold in this offering represents approximately 5.9% of the Companys outstanding common stock as of April 19, 2021. The Company is not selling any shares and will not receive any proceeds from the proposed offering.

The underwriters will have... More