NewtekOne: Only One Baby Bond Yields Over 8%
Source: SeekingAlpha
2026-01-13 12:39:35 ET
Introduction
NewtekOne ( NEWT ) is a depositor bank that transitioned from being a business development company three years ago. In addition to common shares, the bank has a preferred share ( NEWTP ) that is yielding 9.1%. Additionally, there are four different baby bond offerings. Back in September, I wrote in support of the bank's longest dated baby bond ( NEWTH ). Today, I still support investing in the bank's baby bonds, but investors should direct any new money towards NEWTG, which is currently yielding the highest of the group....
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NewtekOne: Only One Baby Bond Yields Over 8%
NewtekOne Inc. 8.625% Fixed Rate Senior Notes due 2029
NASDAQ: NEWTH
NEWTH Trading
0.32% G/L:
$25.29 Last:
3,633 Volume:
$25.315 Open:
