NewtekOne exchanges $24M of 2027 notes into new 8.125% notes due Feb 2029; $26M remains for Feb 2027 repayment

NewtekOne, Inc.

Note Exchange Agreements signed Oct 19, 2026 with holders of $24.0M of NewtekOne's 8.125% Senior Notes due 2027; exchange effective Oct 20, 2026.
New 8.125% Fixed Rate Senior Notes mature Feb 1, 2029; interest payable quarterly beginning Nov 1, 2026, then Feb 1, May 1, Aug 1, Nov 1.
New notes redeemable in whole but not in part at par plus accrued interest: callable any time before Feb 1, 2028; on/after Feb 1, 2028 at 100% of principal plus accrued interest.
Remaining $26.0M of the 2027 Senior Notes is expected to be repaid at the Feb 1, 2027 maturity date.
Exchange was a private placement under Section 4(a)(2) to institutional accredited investors; new notes are unregistered under the Securities Act.

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