Company: NEWTP
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001587987-25-000141
Chunk: 263

Company: NewtekOne, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 263
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 October 1 each year, beginning October 1, 2025. 

F-47

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:June 30, 2025December 31, 2024Principal balanceUnamortized deferred financing costsNet carrying amount1Principal balanceUnamortized deferred financing costsNet carrying amount1Bank Borrowings:NMS Webster Note$40,900 $(170)$40,730 $32,894 $(206)$32,688 SPV I Capital One Facility7,540 (49)7,491 21,300 (108)21,192 SPV II Deutsche Bank Facility38,341 (640)37,701 54,800 (764)54,036 SPV III One Florida Bank Facility30,000 — 30,000 23,075 (64)23,011 Parent Company Notes:2025 Notes (5.00%)2 — — — 30,000 (87)29,913 2026 Notes (5.50%)115,000 (359)114,641 115,000 (718)114,282 2027 Notes (8.125%)350,000 (48)49,952 50,000 (56)49,944 2028 Notes (8.00%)40,000 (1,100)38,900 40,000 (1,274)38,726 2029 Notes (8.50%)71,875 (1,997)69,878 71,875 (2,253)69,622 2029 Notes (8.625%) 75,000 (2,094)72,906 75,000 (2,338)72,662 2030 Notes (8.375%)30,000 (681)29,319 — — — Notes Payable - Securitization Trusts159,635 (2,196)157,439 189,231 (2,596)186,635 1    Net of deferred financing costs.2     On March 31, 2025, the 2025 5.00% Notes matured.3    Effective December