Newtek Business Services 6.25% Notes due 2023
By: Tim McPartland,
Date Issued 2/16/2018
Shares Issued 2,000,000 Overallotment Shares 300,000
Security Ticker Symbol NEWTI
Advertisement.
Market Traded ON NASDAQ
Interest Payment Paid on the 1st of March, June, September and December beginning on 6/01/2018
Quarterly Interest .391 Annual Interest 1.563
Securities may be redeemed, at the issuers option, as early as 03/1/2020 for a redemption price of $25/share plus accrued interest
Interest Payment Will NOT be a Qualified Distributions
Maturity Date 3/31/2023
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.
