Investor Presentaiton
Continued Focus on Strengthening Balance Sheet
Net Leverage*
Improved Profile
2016
2Q23
Higher Ratings & Lower Cost of Funds
2016
2Q23
7.7x1
5.5x
ABS top tranche
A+
AAA
Total Bank Capacity2
$5B
$7.4B
Interest Expense*
5.5%3
4.8%
Unencumbered loans*
$4B
$8.4B
Corporate Bond
(S&P/Moody's)
B/B3
BB / Ba2
Secured debt
WA bond maturity4
3.4 yrs
3.3 yrs
58%
55%
*See 2Q2023 earnings presentation appendix and earnings release for Non-GAAP Financial Measures reconciliations along with defined terms.
1. See November 16, 2020 Company Overview presentation appendix for Non-GAAP Financial Measures reconciliations along with a glossary of select calculations.
2. 2Q23 includes $1.25B Unsecured Corporate Revolver.
OneMain Financial.
3. See 4Q2016 earnings presentation.
4. Reflects portfolio average maturity at point in time, excluding junior subordinated bond due 2067.
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