trending Market Intelligence /marketintelligence/en/news-insights/trending/YOhopzHKekHiDr9byqiaCg2 content esgSubNav
In This List

Newtek Business Services commences public offering of notes

Blog

Insight Weekly: Unease roils markets; US likely to slip into recession; firms' cash ratios fall

Blog

Insight Weekly: Bank boards lag on gender parity; future of office in doubt; US LNG exports leap

Blog

Insight Weekly: Job growth faces hurdles; shale firms sit on cash pile; Africa's lithium future

Podcast

Street Talk | Episode 99 - Higher rates punish bond portfolios, weigh on bank M&A


Newtek Business Services commences public offering of notes

NewtekBusiness Services Corp. on April 13 announced the commencement of apublic offering of $25 million in aggregate principal amount of its notes due2021.

Newtek expects to grant the underwriters in the offering an optionto purchase up to an additional $3.8 million in aggregate principal amount ofnotes to cover any overallotments.

The notes are expected to be listed on the Nasdaq GlobalMarket and to trade thereon within 30 days of the original issue date.

Keefe Bruyette & Woods Inc. is acting as thebook-running manager for the offering. D.A. Davidson & Co., JanneyMontgomery Scott and Ladenburg Thalmann are acting as co-managers.