---
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"
generated_at: "2026-05-16T09:18:06.977512+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NewtekOne closes $295M ALP loan securitization, its largest; weighted average yield 6.08%

## Summary
- 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).

## SEC filing metadata
- 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
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-002929
- JSON: https://secwatch.observer/filing/0001628280-26-002929.json
- Plain text: https://secwatch.observer/filing/0001628280-26-002929.txt

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