NewtekOne (NEWT) Closes $75M Notes Offering

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Go back to NewtekOne (NEWT) Closes $75M Notes Offering

NewtekOne, Inc. Closes Offering of $75.0 Million of 8.625% Fixed Rate Senior Notes Due 2029

September 16, 2024 12:44 PM EDT

BOCA RATON, Fla., Sept. 16, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ: NEWT) announced today that it has closed a registered public offering (the Offering) of $75.0 million aggregate principal amount of its 8.625% Fixed Rate Senior Notes due 2029 (the Notes). The Notes will mature on October 15, 2029, and may be redeemed by the Company, in whole or in part, at any time on or after October 15, 2026, at a redemption... More