Newtek Business Services Corp. to Redeem $40,000,000 of the Issued and Outstanding Notes
November 29, 2021 at 09:37 am EST
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On November 29, 2021, Newtek Business Services Corp. caused notices to be issued to the holders of its 5.75% Notes due 2024 regarding the Company?s exercise of its option to redeem $40,000,000 of the issued and outstanding Notes ($78,250,000 in aggregate principal amount), pursuant to Section 1104 of the Indenture dated as of September 23, 2015, between the Company and U.S. Bank National Association, as trustee, and Section 1.01(h) of the Fourth Supplemental Indenture dated as of July 29, 2019, as supplemented by the Eighth Supplemental Indenture dated as of February 16, 2021, and as further supplemented by the Ninth Supplemental Indenture dated as of May 20, 2021. The Company will redeem $40,000,000 in aggregate principal amount of the Notes on December 29, 2021 (the ?Redemption Date?). The Notes will be redeemed at 100% of their principal amount ($25 per Note), plus the accrued and unpaid interest thereon through, but excluding, the Redemption Date.
NewtekOne, Inc. (NewtekOne) is a financial holding company. The Company provides a range of business and financial solutions under the Newtek brand to the small and medium-sized business (SMB) market. NewtekOneâs business and financial solutions include complete lending solutions, account receivable lines of credit, small balance unsecured term loans, electronic payment processing and tablet-based payment, processing solutions, mobile payment processing solutions, payroll and benefit processing solutions, Web design and full e-commerce business solutions, health insurance and benefits, commercial/personal insurance, complete information technology (IT) solutions, and the cloud-based operating platform. The Companyâs registered trademarks include Newtek, NewtekOne, Newtek Bank, National Association, Your Business Solutions Company, and One Solution for All Your Business Needs. The Company serves approximately 50 states.
NEWTEKONE, INC. 
