Insight
NexPoint Real Estate Finance, Inc.'s US$60M Underwritten Public Offering
Insight
NexPoint Real Estate Finance, Inc.'s US$60M Underwritten Public Offering
December 20, 2021
Winston & Strawn LLP represented NexPoint Real Estate Finance, Inc., a NYSE-listed real estate investment trust, in connection with its underwritten public offering of US$60M aggregate principal amount of its 5.75% Senior Unsecured Notes due 2026. The Additional Notes were issued at a price of 102.758% of par with a yield to maturity of 5.036%. The Additional Notes are an additional issuance of the company's existing US$75M aggregate principal amount of its 5.75% Senior Unsecured Notes due 2026 and the Additional Notes were issued under the same indenture as the Initial Notes, are treated as a single class of debt securities with the Initial Notes, and have the same terms as the Initial Notes, other than the issue date and offering price. Raymond James & Associates, Inc. served as sole book-running manager.