Business
NewtekOne, Inc. Closes Private Offering of Senior Unsecured Notes
NewtekOne’s Credit Rating Upgraded by Egan-JonesBOCA RATON, Fla., March 20, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) has completed an exempt offering of $30.0 million aggregate principal amount of its 8.375% notes due 2030 (the “Notes” and the "Offering"). The Offering was consummated pursuant to the terms of a purchase agreement (the “Purchase Agreement”) dated March 19, 2025 between the Company and eleven institutional accredited investors (the “Purchasers”). The
About this update from Newtekone, Inc.
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