secwatch.observer — SEC 8-K summary
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Issuer:     NewtekOne, Inc. (NEWT)
CIK:        0001587987
Form:       8-K
Filed at:   2024-09-16T23:59:59+00:00
Accession:  0001587987-24-000191
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NewtekOne completes $75M offering of 8.625% Senior Notes due 2029
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- Issued $75M principal amount of 8.625% fixed-rate senior notes due 2029; underwriters have option for additional $11.25M.
- Net proceeds to company $72.75M before expenses; use for investments, debt repayment, and general corporate purposes.
- Notes issued under indenture with U.S. Bank Trust Company, National Association, as trustee.
- Underwriters include Morgan Stanley, KBW, Raymond James, and UBS Securities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1587987/000158798724000191/0001587987-24-000191-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1587987/000158798724000191/newt-20240916.htm
  HTML page:      https://secwatch.observer/filing/0001587987-24-000191

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