NexPoint Diversified Real Estate Trust Launches $400 Million Continuous Offering of 9.00% Series B Cumulative Redeemable Preferred Shares
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NexPoint Diversified Real Estate Trust (NYSE: NXDT) has announced a $400 million continuous public offering of its 9.00% Series B Cumulative Redeemable Preferred Shares. The offering involves up to 16 million shares priced at $25 each.
January 30, 2025 | 9:45 pm
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NexPoint Diversified Real Estate Trust is launching a $400 million offering of 9.00% Series B Cumulative Redeemable Preferred Shares, potentially increasing its capital for future investments.
The offering of preferred shares at a 9.00% yield is likely to attract investors seeking income, providing NXDT with significant capital to pursue its investment strategy. This could lead to growth and potentially positive stock performance.
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