Series B Preferred Stock
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NexPoint Real Estate Finance Announces Full Subscription and Closing of Series B Preferred Stock Offering and Launch of Series C
Prnewswire· 2025-12-10 22:00
Milestone Reached as NREF Continues Growth in Preferred Stock Program DALLAS, Dec. 10, 2025 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. ("NREF" or the "Company"), a leading real estate finance company, today announced the closing of its successful offering of its 9.00% Series B Cumulative Redeemable Preferred Stock ("Series B Preferred Stock") offering, with approximately $404.5 million gross proceeds raised to date, fully subscribing its initial $400 million offering amount. In tandem with this mil ...
Regional Health Properties Announces Series B Preferred Stock Repurchase Program
Globenewswire· 2025-12-01 21:01
Core Viewpoint - Regional Health Properties, Inc. has announced a Stock Repurchase Plan to buy back up to 500,000 shares of its Series B Preferred Stock, which will be overseen by a Special Committee of the Board of Directors [1][3]. Summary by Sections Stock Repurchase Plan - The Company is authorized to purchase shares of Series B Preferred Stock through various methods including open-market transactions and block trades, in accordance with relevant securities regulations [2]. - The repurchase program does not obligate the Company to buy back any shares during any specific period and will be funded by cash on hand [3]. - The program is expected to continue indefinitely until the maximum number of shares is repurchased or the program is modified, suspended, or terminated by the Board [3]. Company Overview - Regional Health Properties, Inc. is a self-managed healthcare real estate investment company based in Atlanta, Georgia, primarily investing in real estate for senior living and long-term care [4].
NewtekOne, Inc. Closes Offering of Depositary Shares Each Representing 1/40th of an Interest in its Series 8.500% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B
Globenewswire· 2025-08-25 12:30
Core Points - NewtekOne, Inc. successfully closed an offering of 2,000,000 depositary shares representing a 1/40th interest in its 8.500% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B, generating approximately $48.357 million in net proceeds [1][2] - The Series B Preferred Stock will pay a non-cumulative 8.500% annual cash dividend, payable quarterly starting October 1, 2025, and will reset based on the five-year US treasury rate after October 1, 2030 [1][3] - The company has applied to list the depositary shares on the Nasdaq Global Market under the ticker symbol "NEWTP" [2] Financial Impact - The issuance of the new depositary shares increases the company's tier one capital ratio from 16.1% to 19.2% and tier one capital by 19% from $256 million to $305 million [3] - The net proceeds from the offering will be used for investments, debt repayment, and general corporate purposes [2] Company Overview - NewtekOne is a financial holding company providing a wide range of business and financial solutions to independent business owners across all 50 states [4][5] - Its services include banking, business lending, electronic payment processing, insurance solutions, and technology solutions [5]