Business
NewtekOne, Inc. Retires $95 Million of Senior Unsecured Notes
BOCA RATON, Fla., Feb. 02, 2026 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) retired $95 million of fixed rate senior notes that matured on February 1, 2026. The 5-year notes, which were publicly traded under the ticker symbol “NEWTZ”, were issued in 2021. The Company funded the $95.0 million repayment with $87.1 million of working capital and a recently completed exchange offer pursuant to which the Company exchanged $7.9 million of NEWTZ notes for a like amount of newly i
About this update from Newtekone, Inc.
[{"type":"image","alt":"NewtekOne, Inc.","displaySize":"","headline":null,"caption":"NewtekOne, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":70,"url":"https://media.zenfs.com/en/globenewswire.com/a450a0fbb5028619bd9b6008e18dd6f3"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/FoI4s9IlftsYMLaAeRe9UA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTk4O2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/a450a0fbb5028619bd9b6008e18dd6f3","width":300,"height":70}},"lazy":false},{"type":"text","content":"BOCA RATON, Fla., Feb. 02, 2026 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) retired $95 million of fixed rate senior notes that matured on February 1, 2026. The 5-year notes, which were publicly traded under the ticker symbol “NEWTZ”, were issued in 2021. The Company funded the $95.0 million repayment with $87.1 million of working capital and a recently completed exchange offer pursuant to which the Company exchanged $7.9 million of NEWTZ notes for a like amount of newly issued NEWTO notes. The NEWTZs were the last remnant of debt that the Company had issued as a BDC and were owned by many investors that were buyers of BDC debt. Inclusive of the just retired $95 million of senior notes, since 2018 the Company has redeemed $294 million of senior notes:","length":784,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"$40.3 million of fixed rate, publicly traded senior notes due 2021 were retired in March 2018","length":93,"tagName":"p"}]},{"val":[{"type":"text","content":"$8.3 million of fixed rate, publicly traded senior notes due 2022 were retired in August 2019","length":93,"tagName":"p"}]},{"val":[{"type":"text","content":"$57.5 million of fixed rate, publicly traded senior notes due 2023 were retired in February 2021","length":96,"tagName":"p"}]},{"val":[{"type":"text","content":"$78.3 million of fixed rate, publicly traded senior notes due 2024 were retired in December 2021","length":96,"tagName":"p"}]},{"val":[{"type":"text","content":"$15.0 million of fixed rate, privately issued senior notes due 2025 were retired in May 2022.","length":93,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":471,"olType":false},{"type":"text","content":"Barry Sloane, Founder, CEO, President, and Chairman of NewtekOne, commented, “We are proud of NewtekOne’s 25-year history as ...