Nexbank provides commercial banking, institutional services, and mortgage banking to financial organizations and institutional clients. It has executive management that oversees daily operations. The team combines focus and expertise to offer quality service and financial knowledge. Nexbank is trusted for offering practical financial solutions. The company is led by James Dondero, the co-founder and President of Highland Capital Management. Dondero states that working with the right people makes all the difference. He briefs employees on what they are supposed to do and ensure they are on the same page. Leading a dedicated and passionate team is fulfilling.
Dondero is optimistic about the future of the company. Moreover, the management brings leadership experiences and commitment that keep Nexbank on its toes. It is dedicated to making a positive impact on society and changing people’s lives. It offers loan programs, community services, financial education, and economic development programs to uplift the community. Nexbank love helping people and eliminating poverty. It strives to build a strong community and cause financial changes for residents. The company is praised for its commitment to improving lives through financial literacy.
Nexbank Capital recently announced the completion of a 54 million dollar private placement of rate subordinated notes. The notes are given to specific investors and institutions. The firm wants to use proceeds from the offering to improve general operations. Since 2016, I have managed to raise 283 million dollars to equity and debt. The maturity date for the notes is September 2027 and are non-callable.
Moreover, they bear a fixed interest of 6.3% for five years. An investment grading rating of BBB has been assigned to the notes by Kroll Bond Rating Agency. Sandler O’Neil & Partners was the placement agent for the notes. Nexbank is hopeful that it will profit from the proceeds of the notes.
Since the notes were not registered under the Securities Act, they cannot be sold in the US. When asked what sets Nexbank apart in the industry, Dondero said that its commitment to provide quality service. It is not just any other financial company, and wants to be remembered for years to come. Helping people make prudent financial decisions gives Nexbank an edge in the industry. Moreover, it has skilled and experienced employees who understand the market. Market research helps you know what clients want and how to improve services. Nexbank partnered with several financial institutions to provide funding that supports the acquisition and expansion of debts.