NewtekOne, Inc. Announces the Expiration Final Results of Exchange Offer for its Outstanding 5.50% Notes due 2026 for its 8.50% Fixed Rate Senior Notes due 2031 and Waiver of Minimum Exchange Condition

Core Viewpoint - NewtekOne, Inc. has completed its Exchange Offer for its 5.50% Notes due 2026, exchanging them for newly issued 8.50% Fixed Rate Senior Notes due 2031, with a total of $7,877,200 validly tendered, representing approximately 8.29% of the outstanding principal amount [1][2] Group 1: Exchange Offer Details - The Exchange Offer expired on January 23, 2026, at 5:00 p.m. Eastern time [1] - A total of $7,877,200 in principal amount of the Old Notes was validly tendered, which is about 8.29% of the $95.0 million outstanding [1] - NewtekOne waived the condition requiring at least 10% of the Old Notes to be tendered and accepted all validly tendered Old Notes [1] - The settlement of the Exchange Offer is expected to occur on January 28, 2026, with holders receiving an equal principal amount of New Notes [2] Group 2: Remaining Notes and Repayment - After the Exchange Offer, the remaining aggregate principal amount of Old Notes is expected to be $87,122,800 [2] - NewtekOne plans to repay the remaining Old Notes on the maturity date of February 1, 2026 [2] Group 3: Agents Involved - U.S. Bank Trust Company, National Association is the Exchange Agent for the Exchange Offer [3] - Alliance Advisors is serving as the Information Agent, while Lucid Capital Markets, LLC is the Dealer Manager [3] Group 4: Company Overview - NewtekOne, Inc. is a financial holding company providing a range of business and financial solutions to independent business owners since 1999 [5][6] - Its services include banking, business lending, electronic payment processing, and technology solutions among others [6]