Newtek Business Services 5.75% Notes Due 2024
By: Tim McPartland,
Date Issued 7/24/2019
Shares Issued 2,200,000 Overallotment Shares 330,000
Security Ticker Symbol NEWTL
Advertisement.
Market Traded ON NASDAQ
Interest Payment Paid on the 1st of February, May, July and October beginning on 10/01/2019
Quarterly Interest .359 Annual Interest 1.438
Securities may be redeemed, at the issuers option, as early as 08/1/2021 for a redemption price of $25/share plus accrued interest
Interest Payment Will NOT be a Qualified Distributions
Maturity Date 8/1/2024
Company Investor Relations Page for Newtek Business Services Corp
Click here to find the offering prospectus
Advertisement.
Advertisement.
Related Posts:
Tim McPartland
Connect with Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
