The NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 are senior unsecured debt obligations issued by NewtekOne, Inc. (NASDAQ:NEWTI). The notes bear a fixed annual interest rate of 8.00%, payable semi-annually, and mature in 2028. As senior unsecured obligations, they rank pari passu with all other existing and future senior unsecured indebtedness of NewtekOne, Inc. and rank ahead of any subordinated debt in the company’s capital structure.
NewtekOne, Inc. is the holding company for Newtek, a publicly traded business development company that provides a diversified suite of financial and business services to small and medium-sized enterprises across the United States. Its core offerings include SBA 7(a) loan origination, commercial and equipment financing, asset-based lending, and factoring. In addition, the company delivers value-added digital services such as e-commerce solutions, payment processing, managed IT support, and business insurance products to help clients streamline operations and drive growth.
Founded in 1998 by Barry Sloane, who continues to serve as President and Chief Executive Officer, NewtekOne has expanded its platform through organic growth and targeted acquisitions. Headquartered in New York, the company operates regional offices and leverages digital infrastructure to serve clients nationwide. As a registered business development company, it operates under the regulatory oversight of the U.S. Securities and Exchange Commission and conforms to the Investment Company Act of 1940.
Proceeds from the issuance of the 8.00% Fixed Rate Senior Notes due 2028 are intended to strengthen NewtekOne’s capital base, support ongoing lending activities, and provide flexibility for future growth initiatives. For investors, the notes offer a fixed-income instrument with exposure to NewtekOne’s integrated financial services platform, which is designed to meet the varied financing and operational needs of small and mid-market enterprises across diverse U.S. markets.
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