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04.03.2015 03:14:00
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AGFC Capital Trust I -- Moody's places Springleaf's and OneMain's B2 ratings on review for downgrade following acquisition announcement
New York, March 03, 2015 -- Moody's Investors Service ("Moody's") placed the B2 corporate family rating of Springleaf Holdings, Inc. ("Springleaf") and the B2 senior unsecured rating of operating subsidiary Springleaf Finance Corporation ("SFC") on review for downgrade following the company's announcement that it will acquire OneMain Financial Holdings, Inc. ("OneMain") from Citigroup, Inc. for $4.25 billion in an all-cash transaction. Moody's also placed OneMain's B2 corporate family and senior unsecured ratings on review for downgrade.
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