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OneMain Holdings Announces Sale of SpringCastle Interest

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EVANSVILLE, Ind.--(BUSINESS WIRE)--OneMain Holdings, Inc. (NYSE:OMF) (the “Company”) today announced the sale of its 47% interest in SpringCastle, a joint venture formed to purchase a consumer loan portfolio from HSBC in 2013, to certain affiliates of New Residential Investment Corp. and funds managed by The Blackstone Group, its joint venture partners. The Company continues to service the SpringCastle portfolio through its London, KY servicing center. Jay Levine, President and CEO of OneMain H


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