NewtekOne, Inc. Announces Extension of Exchange Offer for its Notes due 2026

Core Viewpoint - NewtekOne, Inc. has extended the expiration date for its Exchange Offer of outstanding 5.50% Notes due 2026 to January 23, 2026, allowing additional time for holders to exchange their Old Notes for newly issued 8.50% Fixed Rate Senior Notes due 2031 [1][2]. Group 1: Exchange Offer Details - The Exchange Offer will now expire at 5:00 p.m. Eastern time on January 23, 2026, unless further extended or terminated [2]. - To participate in the Exchange Offer, Old Notes must be validly tendered and not withdrawn by the Expiration Date [2]. - The settlement date for the Exchange Offer is expected to be January 28, 2026, following the Expiration Date [2]. Group 2: Interest Payment Information - Holders of Old Notes as of the January 15, 2026 record date will receive the final interest payment before the scheduled maturity on February 1, 2026, regardless of whether they participate in the Exchange Offer [3]. - The first interest payment on the New Notes will be net of the interest paid on the Old Notes from the Settlement Date to the February 1, 2026 interest payment date of the New Notes [3]. Group 3: Exchange Offer Conditions - All other terms of the Exchange Offer remain unchanged, with the only modification being the extended Expiration Date [4]. - U.S. Bank Trust Company, National Association is the Exchange Agent, while Alliance Advisors serves as the Information Agent, and Lucid Capital Markets, LLC is the Dealer Manager for the Exchange Offer [5].