IEG HOLDINGS CORPORATION (OTCMKTS:IEGH) Files An 8-K Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure.
On March 27, 2017, IEG Holdings Corporation (IEG Holdings) issued
a press release announcing that it has extended, to 5 p.m.,
Eastern time, on May 5, 2017, the expiration of its tender offer
to purchase shares of OneMain Holdings Inc. (OneMain). IEG
Holdings also amended its tender offer to provide that IEG
Holdings is offering to exchange 20 shares of IEG Holdings common
stock for each share of OneMain common stock, up to an aggregate
of 6,747,723 shares of OneMain common stock. A copy of this press
release is attached hereto as Exhibit 99.1 and incorporated
herein by reference. The information contained in the website is
not a part of this current report on Form 8-K.
Item 9.01. Financial Statements and Exhibits.
| (d) | Exhibits. |
| Exhibit No. | Description | |
| 99.1 |
Press release of IEG Holdings Corporation dated March 27, 2017. |
About IEG HOLDINGS CORPORATION (OTCMKTS:IEGH)
IEG Holdings Corporation is a consumer finance company. The Company is engaged in the business of providing unsecured consumer loans ranging from $2,000 to $10,000. The Company operates in Consumer Loans segment. It offers loans online under the consumer brand Mr. Amazing Loans through its Website and online application portal at www.mramazingloans.com. It has obtained additional state lending licenses, and are licensed and originating direct consumer loans in the states of Alabama, Arizona, California, Florida, Georgia, Illinois, Kentucky, Louisiana, Missouri, Nevada, New Jersey, New Mexico, Oregon, Pennsylvania, Texas, Utah and Virginia. It has approximately 80 loans in default representing over 4.81% of the number of loans in its active portfolio. Its subsidiaries include Investment Evolution Corporation, which holds state licenses, leases, employee contracts, and other operating and administrative expenses, and IEC SPV, LLC, which is a bankruptcy remote special purpose vehicle. IEG HOLDINGS CORPORATION (OTCMKTS:IEGH) Recent Trading Information
IEG HOLDINGS CORPORATION (OTCMKTS:IEGH) closed its last trading session 00.00 at 2.05 with 900 shares trading hands.