Nexbank Announces New $54 Million Note Deal

Dallas-based Nexbank Capital, Inc., recently announced the completion of a $54 million fixed-to-floating notes made exclusively for certain corporations and high-rate investors. The funds will be used for Netbank’s corporate purposes. Since 2016, Nexbank Capital Inc. has raised nearly $248 million in debt and equity.

The notes for the $54 million private placement should have a stated maturity by Sept. 30, 2027. After five years, the notes will bear a fixed rate of 6.375%. The investment grade of the notes has a BBB- grade with the Kroll Bond Rating Agency. The sole payment agent for the note private offering is Sandler, O’Neill & Partners LLC. The notes are not registered and may not be sold in the U.S. under the Securities Act.

Netbank is a financial services company that offers three distinct products: Commercial banking, mortgage banking, and institutional services. The company offers financial services all over the globe. Through its sound commitment to clients, Nexbank strives to offer value and customized solutions.

Nexbank wealth advisers is operated by a tenured team of professionals with over 50 years of combined experience. Their hands-on approach is designed to navigate several markets to provide the returns clients trust.

Nexbank investors have a proven track record with institutions all over the world. Because it is a privately-owned entity, the company is passionate about putting the needs of the clients first. The credit services are customized to help protect your financial needs.

A number of real estate developers, owners, land developers, and investors partner with Nexbank through every step of their real estate projects. Seasoned professionals will guide them through the project and help them secure the financing they need.

Nexbank is proud to have a local branch operating in Dallas, TX off McKinney Ave. The branch has been servicing the local community since 1934.

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