Newtek Business Services Corp 7% Notes Due 2021
By: Tim McPartland,
Date Issued 4/17/2016
Shares Issued 1,400,000 Overallotment Shares 210,000
S&P Rating NR Moodys Rating NR
Advertisement.
Security Ticker Symbol NEWTL
Market Traded ON NASDAQ
Interest Payment Paid on the Last Day of March, June, September and December beginning on 6/30/2016
Quarterly Interest .4375 Annual Interest 1.75
Securities may be redeemed, at the issuers option, as early as 04/22/2017 for a redemption price of $25/share plus accrued interest
Interest Payment Will NOT be a Qualified Distributions
Maturity Date 3/31/2021
Company Investor Relations Page for Newtek Business Services Corp
Advertisement.
Click here to find the offering prospectus
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.
