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BRIEF-Nexpoint Strategic Opportunities Fund Says Anticipate Qualifying As A REIT In Q1
2020-10-15 21:31
Oct 15 (Reuters) - NexPoint Strategic Opportunities Fund :
* NEXPOINT STRATEGIC OPPORTUNITIES FUND ANNOUNCES TENDER OFFER FOR UP TO 15 MILLION COMMON SHARES IN EXCHANGE FOR $150 MILLION IN PREFERRED SHARES AND CASH, PROVIDES UPDATE ON MONTHLY DISTRIBUTION AND REIT TRANSITION PROCESS
* NEXPOINT STRATEGIC OPPORTUNITIES FUND - FUND ANTICIPATES QUALIFYING AS A REIT IN Q1 2021
* NEXPOINT STRATEGIC OPPORTUNITIES FUND - FUND HAS REDUCED MONTHLY DIVIDEND TO $0.05 PER SHARE
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((Reuters.Briefs@thomsonreuters.com;)
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