NexPoint Capital Announces Tender Offer For Common Stock


NexPoint Capital, Inc., a non-traded publicly registered business development company and affiliate of Highland Capital Management, L.P., today announced that it will commence a voluntary tender offer on or about December 1, 2017 for up to 2.5% of its outstanding common stock at a price equal to 90% of the offering price per Share in effect on the Expiration Date (as defined in the Offer to Purchase) (the date of repurchase) and any unpaid dividends accrued through the expiration date of the Tender Offer.

This announcement is not a recommendation, an offer to purchase or a solicitation of an offer to sell Shares of the Company. The Company has filed with the Securities and Exchange Commission a tender offer statement on Schedule TO and related exhibits, including an offer to purchase, a related letter of transmittal and other related documents (the "Tender Offer Documents"). The Tender Offer Documents will be sent by mail to holders of the Shares. Shareholders of the Company may obtain additional copies of the Tender Offer Documents for the Company, without charge, by contacting the Tender Agent for the Tender Offer, DST Systems, Inc., at 1-844-485-9167. Shareholders can also obtain the Tender Offer Documents free of charge on the Securities and Exchange Commission's website at Shareholders should read these documents and related exhibits, as the documents contain important information about the Company's Tender Offer.

Any questions regarding the Tender Offer can be directed to the Company's Tender Agent, DST Systems, Inc., at 1-844-485-9167. The Company's current offering price for its Shares, $10.47 per share as of November 29, 2017, as well as other information, including information about management and the healthcare-focused investment strategy, are available at The information on or accessible through is not incorporated by reference herein.

About NexPoint Advisors and NexPoint Capital, Inc.

NexPoint Capital, Inc. is a healthcare-focused business development company sponsored and managed by NexPoint Advisors, L.P., an affiliate of Highland Capital Management, L.P. NexPoint Advisors, L.P., is an SEC-registered investment advisor to the closed end fund, NexPoint Credit Strategies Fund.

About Highland Capital Management, L.P.

Highland Capital Management, L.P. is an SEC-registered investment adviser which, together with our affiliates, has approximately 13.4 billion of assets under management. Founded in 1993 by Jim Donderoand Mark Okada, Highland is one of the largest and most experienced global alternative credit managers. Highland specializes in credit strategies, such as credit hedge funds, long only funds and separate accounts, distressed and special situation private equity, and collateralized loan obligations (CLOs). Highland also offers alternative investments, including emerging markets, long/short equities, and natural resources. Highland's diversified client base includes public pension plans, foundations, endowments, corporations, financial institutions, fund of funds, governments, and high net-worth individuals. Highland is headquartered in Dallas, Texas and maintains offices in New York, Sao Paolo, Singapore, and Seoul.

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