NexPoint Capital, Inc. Announces Results of Tender Offer for Common Stock
October 5, 2017 | James Sprow | Blue Vault
NexPoint Capital, Inc., a nontraded publicly registered business development company and affiliate of Highland Capital Management, L.P., today announced the expiration and final results for its tender offer for up to 2.5% of its outstanding common stock at a price equal to 90% of the offering price per share in effect on the expiration date and any unpaid dividends accrued through the expiration date of the tender offer. The fund’s tender offer expired on September 29, 2017 at 5:00 p.m. EDT. 37,284 shares of the Company were tendered for repurchase in the tender offer.
The Company’s current offering price for its shares, as well as other information, including information about management and the healthcare-focused investment strategy, are available at http://nexpointcapital.com.
NexPoint Capital, Inc. is a healthcare-focused business development company sponsored and managed by NexPoint Advisors, L.P., an affiliate of Highland Capital Management, L.P. NexPoint Advisors, L.P., is an SEC-registered investment advisor to the closed end fund, NexPoint Credit Strategies Fund.
Highland Capital Management, L.P. is an SEC-registered investment adviser which, together with its affiliates, has approximately $13.7 billion of assets under management. Highland specializes in credit strategies, such as credit hedge funds, long only funds and separate accounts, distressed and special situation private equity, and collateralized loan obligations (CLOs). Highland also offers alternative investments, including emerging markets, long/short equities, and natural resources. Highland’s diversified client base includes public pension plans, foundations, endowments, corporations, financial institutions, fund of funds, governments, and high net-worth individuals. Highland is headquartered in Dallas, Texas and maintains offices in New York, Sao Paolo, Singapore, and Seoul.
Learn more about Highland Capital Management on the Blue Vault Sponsor Focus page.