OneMain Financial (OMF) Announces Proposed Secondary Offering and Repurchase of Common Stock
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OneMain Holdings, Inc. Announces Proposed Secondary Offering and Repurchase of Common Stock
July 29, 2021 4:08 PM EDTNEW YORK--(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 (the base offering) by an entity managed by affiliates of Apollo Global Management, Inc. (the selling stockholder). The 8,000,000 shares of common stock to be sold in this offering represents approximately 6% of the Companys outstanding common stock as of July 15, 2021. The Company is not selling any shares and will not receive any proceeds from the proposed offering.
Subject to the completion of the base offering, the Company... More
