NexPoint Real Estate Finance ups Mizuho term loan facility to $450 million
NREF•Mizuho term loan facility increased to $450 million
NexPoint Real Estate Finance amended its senior secured term loan facility with Mizuho, raising total borrowing capacity to $450 million.
- Amendment signed Aug. 17, 2026; facility is interest-only, matures May 1, 2029, with two optional six-month extensions.
- Pricing stays at daily compounded SOFR, with a 2% floor, plus 4% per year.
- Outstanding borrowings totaled $412.2 million as of Aug. 17, 2026.
- Total return swap reference amount increased to $412.2 million, with a $450 million cap; $144.3 million cash collateral posted.
