secwatch.observer — SEC 8-K summary
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Issuer:     NewtekOne, Inc. (NEWT)
CIK:        0001587987
Form:       8-K
Filed at:   2025-12-01T23:59:59+00:00
Accession:  0001628280-25-054386
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NewtekOne offers to exchange $95M of 5.50% 2026 notes for 8.50% 2031 notes
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- Exchange offer covers any and all of $95.0M outstanding 5.50% Notes due February 1, 2026.
- Tendered notes exchanged at par ($25 principal for $25 principal) plus accrued interest.
- New 8.50% Fixed Rate Senior Notes mature February 1, 2031; interest paid quarterly.
- Offer expires January 9, 2026; condition: at least 10% of old notes must be tendered.
- New notes expected to trade on Nasdaq under symbol NEWTO within 30 days of settlement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1587987/000162828025054386/0001628280-25-054386-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1587987/000162828025054386/newt-20251201.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-054386

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