secwatch.observer — SEC 8-K summary
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Issuer:     NewtekOne, Inc. (NEWT)
CIK:        0001587987
Form:       8-K
Filed at:   2026-01-26T23:59:59+00:00
Accession:  0001628280-26-003421
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1587987/000162828026003421/0001628280-26-003421-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1587987/000162828026003421/newt-20260123.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-003421

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer