Company: NEWTP
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050582
Chunk: 266

Company: NewtekOne, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 266
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875 69,622 8.50 %2029 Notes 75,000 73,028 8.625 %75,000 72,662 8.625 %2030 Notes630,000 29,355 8.375 %— — — %Notes payable - Securitization Trusts1142,560 140,596 6.94 %189,231 186,635 7.32 %Total borrowings$938,368 $748,549 7.65 %$855,977 $708,041 7.22 %Outstanding borrowings that are presented net of deferred financing costs, which include the bank borrowings, the Parent Company Notes, and the Notes payable - Securitization Trusts, consisted of the following:September 30, 2025December 31, 2024Principal balanceUnamortized deferred financing costsNet carrying amount1Principal balanceUnamortized deferred financing costsNet carrying amount1Bank Borrowings:NMS Webster Note2$— $— $— $32,894 $(206)$32,688 NMS Goldman Facility390,000 (1,383)88,617 — — — SPV I Capital One Facility23,740 (585)23,155 21,300 (108)21,192 SPV II Deutsche Bank Facility104,691 (721)103,970 54,800 (764)54,036 SPV III One Florida Bank Facility8,307 (45)8,262 23,075 (64)23,011 Parent Company Notes:2025 Notes (5.00%)3 — — — 30,000 (87)29,913 2026 Notes (5.50%)115,000 (180)114,820 115,000 (718)114,282 2027 Notes (8.125%)450,000 (40)49,960 50,000 (56)49,944 2028 Notes (8.00%)40,000 (1,014)38,986 40,000 (1,274)38,726 2029 Notes (8.50%)71,808 (1,870)69,938 71,875 (2,253)69,622 2029