OneMain Holdings’ $488 Million Shares Offering

Cahill represented the underwriters in the offering.

OneMain Holdings, Inc. executed its secondary offering of 9,200,000 shares of common stock, which included the full exercise of the underwriters’ over-allotment option. Net proceeds of the offering were approximately $488 million, all of which the selling stockholders will receive.

Barclays Capital Inc., Citigroup Global Markets Inc., RBC Capital Markets, LLC, Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, BNP Paribas Securities Corp., Citizens Capital Markets, Inc., Mizuho Securities USA LLC, Natixis Securities Americas LLC, Regions Securities LLC, SG Americas Securities, LLC, Apollo Global Securities, LLC, Siebert Williams Shank & Co., LLC, and Amerivet Securities, Inc. acted as underwriters for the offeirng.

OneMain is a consumer finance company engaged in providing personal loan products, credit and non-credit insurance, and service loans.

Cahill represented the underwriters with Ted B. Lacey (Picture), Noah B. Newitz, Matthew Rosenthal, Adam R. Cohen, Xin Zhou (Richard) Pan, and Alexander Suh.

Involved fees earner: Adam Cohen – Cahill Gordon & Reindel; Ted Lacey – Cahill Gordon & Reindel; Noah Newitz – Cahill Gordon & Reindel; Xin Zhou Pan – Cahill Gordon & Reindel; Matthew Rosenthal – Cahill Gordon & Reindel; Alexander Suh – Cahill Gordon & Reindel;

Law Firms: Cahill Gordon & Reindel;

Clients: AmeriVet Securities; Apollo Global Securities; Barclays Capital ; BNP Paribas Securities; Citigroup Global Markets Ltd; Citizens Capital Markets; Deutsche Bank Securities; Goldman Sachs & Co.; Mizuho Securities; Morgan Stanley; Natixis Securities Americas; RBC Capital Markets; Regions Securities LLC; SG Americas Securities LLC; Siebert Williams Shank & Co. LLC;

Martina Bellini

Author: Martina Bellini