OneMain Holdings’ $492 Million Common Stock Offering

Sidley Austin represented OneMain , while Cahill represented the underwriters in the offering.

OneMain Holdings, Inc. executed a 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 $492 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 offering.

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 a team including Noah B. Newitz, Ted B. Lacey (Picture), 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;

By: Martina Bellini