secwatch.observer — SEC 8-K summary
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Issuer:     NewtekOne, Inc. (NEWT)
CIK:        0001587987
Form:       8-K
Filed at:   2024-12-11T23:59:59+00:00
Accession:  0001587987-24-000245
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.03, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

NewtekOne extends $50M 8.125% Senior Notes maturity to Feb 2027 in private exchange
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- Extended maturity from Feb 1, 2025 to Feb 1, 2027; $50M principal and 8.125% rate unchanged.
- Exchange effective Dec 11, 2024; new notes redeemable at 100% from Nov 1, 2026 to maturity.
- All other terms of the Senior Notes remain the same under the amended notes.
- Conducted as private placement to institutional accredited investors under Section 4(a)(2).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1587987/000158798724000245/0001587987-24-000245-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1587987/000158798724000245/newt-20241206.htm
  HTML page:      https://secwatch.observer/filing/0001587987-24-000245

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer