Newtek Business calls $8.32 million 7.5% notes due 2022 at par

By Sarah Lizee

Olympia, Wash., July 29 – Newtek Business Services Corp. will redeem all $8,324,000 of its 7.5% notes due 2022, according to a notice.

The notes will be redeemed on Aug. 29.

The notes will be redeemed at par of $25 plus accrued interest through but excluding the redemption date. The total amount of interest will be about $102,315.84.

Newtek Business Services is a New York-based internally managed non-diversified closed-end management investment company.

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