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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