{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-002929","form_type":"8-K","ticker":"NEWT","cik":"0001587987","company_name":"NewtekOne, Inc.","filed_at":"2026-01-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.553511+00:00","generated_at":"2026-05-16T09:18:06.977512+00:00","sec_items":["2.02","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"NewtekOne closes $295M ALP loan securitization, its largest; weighted average yield 6.08%","bullets":["Closed $295M securitization (Class A $251.9M, Class B $35.9M, Class C $6.8M) backed by $342M of ALP loans.","Notes priced at weighted average yield of 6.08% and spread of 243 bps (improvement from 271 bps in prior ALP deal).","Securitization was 10x oversubscribed by 32 institutional investors; advance rate 86% vs 85% in 2025.","Collateral pool has gross weighted average coupon of 12.74%; net of 100 bps servicing is 11.74%.","Since 2019, NewtekOne originated ~$850M of ALP loans with only 6 defaults and 1 charge-off ($6M)."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-002929","json":"https://secwatch.observer/filing/0001628280-26-002929.json","markdown":"https://secwatch.observer/filing/0001628280-26-002929.md","text":"https://secwatch.observer/filing/0001628280-26-002929.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1587987/000162828026002929/0001628280-26-002929-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1587987/000162828026002929/newt-20260121.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T09:18:06.977512+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}