---
schema_version: "secwatch.filing_event.v1"
accession: "0001587987-25-000053"
form_type: "8-K"
ticker: "NEWT"
cik: "0001587987"
company_name: "NewtekOne, Inc."
filed_at: "2025-03-20T23:59:59+00:00"
generated_at: "2026-05-24T10:12:14.274610+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# NewtekOne completes $30M private placement of 8.375% notes due 2030

## Summary
- Issued $30M principal of 8.375% notes due April 1, 2030 to 11 institutional investors in exempt offering.
- Net proceeds ~$29.25M; intended use: refinance existing debt, provide capital to Newtek Bank, and general corporate.
- Interest paid semiannually April 1 and October 1, first payment October 1, 2025.
- Notes are unsecured, rank pari passu with other unsecured unsubordinated debt; redeemable at make-whole prior to Jan 1, 2030.
- Offering was completed March 19, 2025 under Section 4(a)(2) private placement exemption.

## SEC filing metadata
- accession: 0001587987-25-000053
- form_type: 8-K
- ticker: NEWT
- cik: 0001587987
- company_name: NewtekOne, Inc.
- filed_at: 2025-03-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.03, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1587987/000158798725000053/0001587987-25-000053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1587987/000158798725000053/newt-20250320.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001587987-25-000053
- JSON: https://secwatch.observer/filing/0001587987-25-000053.json
- Plain text: https://secwatch.observer/filing/0001587987-25-000053.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.