Newtek Business Services 5.75% Notes Due 2024

By: ,

Date Issued  7/24/2019

Shares Issued  2,200,000   Overallotment Shares 330,000

Security Ticker Symbol   NEWTL


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


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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.
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