---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-014211"
form_type: "8-K"
ticker: "NREF"
cik: "0001786248"
company_name: "NexPoint Real Estate Finance, Inc."
filed_at: "2026-04-30T23:59:59+00:00"
generated_at: "2026-05-15T01:02:43.025975+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NexPoint Real Estate Finance closes $375M secured term loan from Mizuho to refinance 2026 notes

## Summary
- Borrowed $310M under $375M facility; used $185.2M to repay 5.75% senior unsecured notes due May 1, 2026.
- Facility matures May 1, 2029, interest-only, with two six-month extension options at company's option.
- Interest rate is daily compounded SOFR (floor 2.0%) + 4.0% per annum.
- Entered Total Return Swap with Mizuho reducing net interest cost to SOFR (floor 2.0%) + 2.45% on $310M.
- Loan secured by certain investment assets; prepayment subject to premium if before April 29, 2028.

## SEC filing metadata
- accession: 0001437749-26-014211
- form_type: 8-K
- ticker: NREF
- cik: 0001786248
- company_name: NexPoint Real Estate Finance, Inc.
- filed_at: 2026-04-30T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1786248/000143774926014211/0001437749-26-014211-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1786248/000143774926014211/nref20260429_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-014211
- JSON: https://secwatch.observer/filing/0001437749-26-014211.json
- Plain text: https://secwatch.observer/filing/0001437749-26-014211.txt

## Key facts
- Debt Financings
  NexPoint Real Estate Finance, Inc. incurred term loan of $375.0 million with Mizuho Capital Markets LLC at daily compounded secured overnight financing rate, subject to an interest rate f maturing May 1, 2029.
  - Instrument: term loan
  - Principal: $375.0 million
  - Counterparty: Mizuho Capital Markets LLC
  - Rate: daily compounded secured overnight financing rate, subject to an interest rate f
  - Maturity: May 1, 2029
  - Event: incurrence
  source text: On April 29, 2026, NexPoint Real Estate Finance, Inc. (the “Company”), entered into a loan agreement for a $375.0 million senior secured term loan (the “Facility”) with Mizuho Capital Markets LLC (“Mizuho”), as lender.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1786248/000143774926014211/0001437749-26-014211-index.htm
- Material Agreements
  NexPoint Real Estate Finance, Inc. entered into Senior Secured Term Loan Facility with Mizuho Capital Markets LLC valued at $375.0 million (effective 2026-04-29).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Mizuho Capital Markets LLC
  - Value: $375.0 million
  - Effective: 2026-04-29
  source text: On April 29, 2026, NexPoint Real Estate Finance, Inc. (the “Company”), entered into a loan agreement for a $375.0 million senior secured term loan (the “Facility”) with Mizuho Capital Markets LLC (“Mizuho”), as lender.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1786248/000143774926014211/0001437749-26-014211-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.