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NewtekOne, Inc. Completes Offering of $71.875 Million of 8.50% Fixed Rate Senior Notes Due 2029
NEWTNewtekOne(NEWT) GlobeNewswire News Room·2024-06-05 15:55

BOCA RATON, Fla., June 05, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (Nasdaq: NEWT), announced that it completed a registered public offering of 71.875millionaggregateprincipalamountofits8.5071.875 million aggregate principal amount of its 8.50% Fixed Rate Senior Notes due 2029 (the "Notes"), including the underwriters full exercise of their option to purchase additional Notes (the "Offering). The Company received 69,718,750 in proceeds, before expenses, from the sale of the Notes. The Notes will mature on June 1, 2029, and may be redeemed by the Comp ...