NewtekOne exchange offer expires with 8.29% participation; waives minimum condition

NewtekOne, Inc.

Only $7.88M of $95M outstanding 5.50% Notes due 2026 (8.29%) were tendered by expiration.
Company waived the 10% minimum condition and accepted all tendered old notes.
Settlement expected Jan 28, 2026; remaining $87.12M of old notes to be repaid on Feb 1, 2026 maturity.
Exchange offer swapped old 5.50% notes for new 8.50% Fixed Rate Senior Notes due 2031.

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