Leading Dallas bank increases notes to over $150 million

NexBank Capital, Inc., based in Dallas, US recently announced the completion of an oversubscribed private placement of its senior unsecured notes. The bank has the full intentions of using the proceeds in order to repay any indebtedness as well as for general corporate needs. Placement agent for the notes was the company Sandler O’Neill & Partners. Another recent announcement made by NexBank Capital, Inc., was that they have reached levels higher than ever in consolidated earnings, loans, assets, and deposits. There has been a growth rate of more than 70% in most of those aspects which is quite impressive.

NexBank SSB is a leader in its region and is a valuable contributor to the growth of NexBank Capital, Inc. In fact, NexBank SSB is one of the biggest contributors. At the end of 3016 the risk percentage of the bank was less than 15 percent. The senior unsecured notes have not been registered under the Securities Act. It was made known that they can be neither sold nor offered in the United States of America absent registration.

NexBank Capital, Inc. is the name of a financial service company that offers its clients a number of different service options. The three different business offers NexBank Capital, Inc. provides are Commercial banking, Mortgage Banking and Institutional Services. The company provides clients with the possibility to customize their provided banking and financial services. The main demographic of clients NexBank Capital, Inc. are catering to primarily consists of different larger institutions, for example nationwide corporations. The bank is led by a team of highly skilled leaders. The Chairman of the bank is Mr. James Dondero. Mr. Dondero is Co-Founder and President of Highland Capital Management, L.P. as well. The NexBank Capital, Inc. operates internationally and has been recognized as one of the leaders of the banking world.