Insight
NexPoint Storage Partners Completes $5.3M Exchange of Series E Preferred Stock for Series F Preferred Stock
Insight
NexPoint Storage Partners Completes $5.3M Exchange of Series E Preferred Stock for Series F Preferred Stock
February 9, 2024
Winston & Strawn LLP represented NexPoint Storage Partners, Inc., a self-storage real estate investment trust affiliated with NexPoint Advisors, in connection with its exchange offer to existing holders of Cumulative Redeemable Series E Preferred Stock for 8.50% Series F Cumulative Redeemable Preferred Stock. Effective on February 9, 2024, Series E Preferred Stock with a liquidation value of $5.3M was exchanged for Series F Preferred Stock.