4.2% of the NexPoint Credit Strategies Fund is invested TXU bonds. The NextEra deal should significantly revalue those bonds.
Luminant, TXU Energy and Oncor are all portfolio companies of Energy Future Holdings.
Link to Bloomberg article
Link to NexPoint Credit Strategies Fund fact sheet
William "David" Wedeking - President of Jade Reserves, Inc. and publisher of Sensible Speculation
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