NewtekOne exchanges $24 million of senior notes for new 8.125% notes due 2029

Bitget2026/10/21 20:13

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NewtekOne entered agreements October 19, 2026, to exchange $24 million of 8.13% Senior Notes due 2027 for new senior notes.
The exchange became effective October 20, 2026. The new Fixed Rate Senior Notes mature February 1, 2029.
The new notes carry an 8.13% annual interest rate, payable quarterly beginning November 1, 2026.
The remaining $26 million of Senior Notes outstanding is expected to be repaid at maturity on February 1, 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NewtekOne Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-066702), on October 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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NewtekOne exchanges $24 million of senior notes for new 8.125% notes due 2029

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