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News  ›  GlobeNewswire Inc.

NewtekOne, Inc. Commences Exchange Offer for 2026 Notes

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Bryce Rowe
NewtekOne, Inc. Commences Exchange Offer for 2026 Notes

NewtekOne is offering to exchange its existing 5.50% Notes due 2026 for new 8.50% Fixed Rate Senior Notes due 2031, with $95.0 million in outstanding notes eligible for the exchange.

Insights
GOOGL   positive

Strong quarterly earnings, global AI expansion, record revenue, and potential for 50% stock price increase by 2026


NEWT   neutral

The company is proactively managing its debt maturity by offering a new note exchange with a higher interest rate, which suggests strategic financial planning without clear positive or negative implications