DALLAS, Feb. 6, 2020 /PRNewswire/ -- NexPoint Real
Estate Finance, Inc. ("NREF") announced today the pricing of its
initial public offering of 5,000,000 shares of its common stock at
a price to the public of $19.00 per
share. In addition, the underwriters have been granted a
30-day option to purchase up to an additional 750,000 shares of
NREF's common stock at the initial public offering price, less
underwriting discounts and commissions.
The shares are expected to begin trading on the New York Stock
Exchange on February 7, 2020, under the ticker symbol
"NREF." The closing of the offering is subject to customary
closing conditions and is expected to occur on February 11,
2020.
Raymond James & Associates,
Inc., Keefe, Bruyette & Woods, Inc., A Stifel Company,
and Robert W. Baird & Co. Incorporated are acting as the
book-running managers for the offering.
This offering is being made only by means of a prospectus.
Copies of the final prospectus relating to the offering, when
available, may be obtained by contacting: Raymond James & Associates, Inc., 880
Carillon Parkway, St. Petersburg,
FL 33716, telephone (800) 248-8863, email:
prospectus@raymondjames.com; Keefe, Bruyette & Woods,
Inc., A Stifel Company, 787 Seventh Avenue, 4th Floor,
New York, NY 10019 (Attn: Capital
Markets), telephone (800) 966-1559; or Robert W. Baird & Co.
Incorporated, Attention: Syndicate Department, 777 East Wisconsin
Avenue, Milwaukee, WI 53202,
telephone (800) 792 2473, email at syndicate@rwbaird.com.
Important Information
A registration statement relating to these securities has been
filed with, and declared effective by, the Securities and Exchange
Commission on February 6, 2020. This
press release shall not constitute an offer to sell or the
solicitation of an offer to buy these securities, nor shall there
be any sale of these securities in any state or jurisdiction in
which such offer, solicitation or sale would be unlawful prior to
the registration or qualification under the securities laws of any
such state or jurisdiction.
About NexPoint Real Estate Finance, Inc.
NexPoint Real Estate Finance, Inc. is a commercial real estate
finance company that intends to elect to be treated as a real
estate investment trust. NREF's strategy is to originate, structure
and invest in first mortgage loans, mezzanine loans, preferred
equity and alternative structured financings in commercial real
estate properties, as well as multifamily commercial mortgage
backed securities.
Forward-Looking and Cautionary Statements
This press release contains "forward-looking statements."
Forward-looking statements include statements regarding trading on
the New York Stock Exchange, the closing of the public offering and
other statements identified by words such as "expect," "intend,"
the negative version of these words and similar expressions that do
not relate solely to historical matters. Forward-looking statements
are based on NREF's current expectations and assumptions regarding
capital market conditions, NREF's business, the economy and other
future conditions. Forward-looking statements are subject to risks,
uncertainties and assumptions and may be affected by known and
unknown risks, trends, uncertainties and factors that are beyond
NREF's control. Should one of more of these risks or uncertainties
materialize, or should underlying assumptions prove incorrect,
actual results may vary materially from those anticipated,
estimated or projected. Important factors that could cause actual
results to differ materially from those in the forward-looking
statements include regional, national or global political,
economic, business, competitive, market and regulatory conditions,
including risks regarding when NREF can complete the offering,
NREF's competitive environment and other factors set forth under
"Risk Factors" in NREF's registration statement on Form S-11. Any
forward-looking statement made in this press release speaks only as
of the date on which it is made. NREF undertakes no obligation to
publicly update or revise any forward-looking statement, whether as
a result of new information, future developments or otherwise,
except as required by law.
Contacts
NexPoint Real Estate Finance, Inc.
Investor
Relations
Jackie Graham, 972-628-4024
jgraham@nexpointadvisors.com
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SOURCE NexPoint Real Estate Finance, Inc.