BDC NexPoint Capital Increases Public Offering Price
January 4, 2018 | James Sprow | Blue Vault
On January 4, 2018, NexPoint Capital increased its public offering price from $10.58 per share to $10.60 per share. This increase in the public offering price is effective as of the January 3, 2018 closing and first applied to subscriptions received from December 27, 2017, through January 2, 2018. In accordance with its previously disclosed share pricing policy, the net asset value per share is not above, nor more than 2.5% below, the net offering price per share as of January 2, 2018. The increase follows an increase on December 28, 2017 from $10.54 to $10.58 per share.
The BDC’s public offering price was $10.29 per share as of January 4, 2017. The recent increase represents a 3 percent increase over the last 12 months. Over the nine months ended September 30, 2017, the BDC declared distributions of $0.54 per share and had a net asset value total return for the period of 6.68%.
Learn more about Highland Capital Management on the Blue Vault Sponsor Focus page.
The well-attended Blue Vault session at the recent National Planning Holdings National Conference was very well received. The value of their products was evidenced by the volume of questions from the attendees. Stacy Chitty, Managing Partner, did an excellent job of explaining the history, strategy and value of Blue Vault data.