Newtek Business Services Corp 7.5% Notes Due 2022
By: Tim McPartland,
Date Issued 9/23/2015
Shares Issued 328,000 Overallotment Shares 49,200
S&P Rating NR Moodys Rating NR
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Security Ticker Symbol NEWTZ
Market Traded ON NASDAQ
Interest Payment Paid on the Last Day of March, June, September and December beginning on 12/31/2015
Quarterly Interest .469 Annual Interest 1.875
Securities may be redeemed, at the issuers option, as early as 09/23/2018 for a redemption price of $25/share plus accrued interest
Interest Payment Will NOT be Qualified Distributions
Maturity Date 09/30/2022
Company Investor Relations Page for Newtek Business Services Corp
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Below you can find the offering prospectus
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Tim McPartland
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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.
