EVANSVILLE, Ind.--(BUSINESS WIRE)--
Springleaf Holdings, Inc. (NYSE: LEAF) (“SHI”) announced today that its
indirect, wholly owned, subsidiary Springleaf Finance Corporation
(“SFC”) priced $700 million aggregate principal amount of 5.25% senior
notes due 2019 (the “ notes”) in connection with its previously
announced registered notes offering. The notes will be guaranteed on an
unsecured basis by SHI (the “guarantee”). The size of the offering of
notes has been upsized from $500 million to $700 million. The closing of
the offering is expected to occur on December 3, 2014, subject to
customary closing conditions.
SFC intends to use the net proceeds from this offering to retire
indebtedness and for other general corporate purposes.
The offering is being made only by means of a prospectus supplement and
accompanying base prospectus. SHI and SFC have filed a registration
statement (including a base prospectus) and a preliminary prospectus
supplement with the U.S. Securities and Exchange Commission (“SEC”) for
the offering to which this communication relates and will file a final
prospectus supplement relating to the offering. Prospective investors
should read the prospectus supplement and base prospectus in that
registration statement and other documents SHI and SFC have filed or
will file with the SEC for more complete information about SHI and SFC
and this offering. You may obtain these documents for free by visiting
EDGAR on the SEC's website at http://www.sec.gov.
Alternatively, copies of the final prospectus supplement and the
accompanying base prospectus for the offering, when available, may be
obtained by contacting (i) Merrill Lynch, Pierce, Fenner & Smith
Incorporated, 222 Broadway, New York, NY 10038, Attention: Prospectus
Department, by telephone (toll-free) at (800) 294-1322 or by e-mail at dg.prospectus_requests@baml.com
or (ii) Citigroup Global Markets Inc., c/o Broadridge Financial
Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by telephone
(toll-free) 1-800-831-9146 or by email batprospectus@citi.com.
This press release does not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of any of
the securities in any jurisdiction in which such offer, solicitation or
sale would be unlawful prior to registration or qualification under the
securities laws of any such jurisdiction. The securities being offered
have not been approved or disapproved by any regulatory authority, nor
has any such authority passed upon the accuracy or adequacy of the
prospectus supplement or the shelf registration statement or prospectus.
About Springleaf Holdings, Inc.
SHI is a leading consumer finance company providing responsible loan
products to customers through its nationwide branch network and through
its internet lending business, known as our iLoan division. SHI has a
nearly 100-year track record of high quality origination, underwriting
and servicing of personal loans, primarily to non-prime consumers. SHI
operates one of the largest consumer finance branch networks in the
United States, serving its customers through nearly 830 branches in 26
states.
Cautionary Note Regarding Forward Looking Statements
Certain statements in this press release may constitute
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995, including, but not limited to, SHI's and
SFC’s intention to consummate this offering and issue the notes and the
guarantee and SFC’s intended use of proceeds of the offering.The
consummation of the offering is subject to market conditions and other
factors that are beyond our control.Accordingly, no assurance
can be given that the offering will be completed on the contemplated
terms or at all and you should not place undue reliance on any
forward-looking statements contained in this press release. For a
discussion of some of the risks and important factors that could affect
such forward-looking statements, see the sections entitled “Risk
Factors” in the prospectus supplement related to the offering and in
SHI’s Annual Report on Form 10-K for the fiscal year ended December 31,
2013 and in SFC’s Annual Report on Form 10-K for the fiscal year ended
December 31, 2013.Neither SHI nor SFC undertake any obligation
to release publicly any revisions to forward-looking statements made by
it to reflect events or circumstances occurring after the date hereof or
the occurrence of unanticipated events.
Springleaf Holdings, Inc.
David R. Schulz, 812-468-5180
Source: Springleaf Holdings, Inc.