Subprime lender OneMain Holdings is coming to the securitization market for the first time since its predecessor, Springleaf Finance, acquired the OneMain business from Citigroup in November 2015.

The company is now the largest originator of personal loans in the U.S., with some 5,400 employees and 2.2 million customers. It has a decentralized operation with approximately 1,835 branches (696 legacy Springleaf Finance branches and 1,139 legacy OneMain Financial branches) in 44 states. This stronger market position came at the cost of additional leverage, however.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.