Cahill represented the underwriters in connection with an add-on public offering of $700,000,000 aggregate principal amount of 7.125% senior notes due 2026 by Springleaf Finance Corporation, a consumer finance company.
Goldman Sachs & Co. LLC, Citigroup, Barclays, Credit Suisse, Deutsche Bank Securities, Morgan Stanley, RBC Capital Markets and SOCIETE GENERALE and Joint Book-Running Managers acted as Joint Book-Running Managers on the offering.
Proceeds from the offering were used to refinance existing indebtedness and for general corporate purposes.
OneMain Holdings, Inc. is a leading consumer finance company providing responsible loan products to customers through its nationwide branch network and the internet. The company has a 100-year track record of high quality origination, underwriting and servicing of personal loans, primarily to non-prime consumers.
Cahill advised the underwriters with a team including Ted B. Lacey (Picture), Noah B. Newitz, Mohammad A. Islam and Matthew Rosenthal.
Law Firms: Cahill Gordon & Reindel;