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Prospect News home > News index > List of issuers Calendar > Headlines for 2015 > News item
Published on 9/15/2015 in the Prospect News Preferred Stock Daily.

Preferred Stock Calendar

On The Horizon

NEWTEK BUSINESS SERVICES CORP.:

• $10 million

• $25-par notes due 2022

• JMP Securities LLC and Ladenburg Thalmann & Co. Inc. (bookrunners)

• Redeemable 2018 at par plus accrued interest

• Proceeds will be used to increase its small business lending activity and to make direct investments in portfolio companies, as well as for operating expenses and general working capital.

• New York-based business development company


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