USHEALTH Group – A Medical Champion

USHEALTH Group’s family of companies is a goliath in the healthcare and protection space. It has been around for a little more than fifty years, having provided their customer base with the best possible medical coverage at the cheapest of prices. Their portfolio covers a large assortment of diseases ascertaining that you are well covered through your darkest times.

They follow the policy of HOPE ( Helping other people every day ) which is a quite noble initiative. Their staff and management swear and lives by this very acronym day in and day out, aiming towards achieving perfect health care for the demographic. The company makes sure no man or woman is left without a proper health care framework to live by. Their initiatives have been widely recognized and have been the talk of the town since the inception of the group.

USHEALTH Group’s motto is quite suggestive. They want to ensure that proper health care is affordable for the masses and that is exactly what they have helped 15 million customers achieve over a time frame of 50 years. Their organization is also open to recruitment if you have a burning desire to procreate change and to make the lives of others better. You should contact them to book an interview for yourself.

Unlike their competition in the major protection and coverage businesses, you could call them up any time of the day to get a quote absolutely free! This is what is remarkably different between them and the major businesses that are constantly vying for the consumer’s attention.

Investors Show Huge Confidence by Oversubscribing to the Private Initial Offering

NexBank Capital, Inc. is a financial service company based in Dallas. The company serves its customers through three businesses that form its core: Commercial banking that is responsible for deposit and other commercial bank activities. The Mortgage Banking handles mortgage loans and Institutional services.

As of the closing financial statements for the period ending 31st December 2016, NexBank Capital, Inc. has an operating asset worth $4.6 billion. Ever since inception in 1922, the company has grown from strength to strength. Mr. John L. Holt Jr. serves as the CEO, President, and Director of NexBank Capital, Inc.

The Dallas-based financial giants recently announced a successful completion of a private placement of their senior unsecured notes, which were oversubscribed. The company managed to raise an impressive additional $80 million after reopening their initial offering resulting in a total issuance of $155 million.

The notes are expected to mature on March 16th, 2016 and are callable on March 15th, 2021. These notes carry an interest rate of 5.5%, which is fixed for that period of five years.

Sandler O’Neill & Partners, L.P was the sole placement agent for this successful offering. NexBank is looking to use the proceeds it got from this offering to repay certain debts and boost the investment activities of the company.

NexBank has been recording a huge amount of growth compared to 2015. Their total assets reached $4.64 billion, which represented a 71% increase from 2015. There was also a positive increase in total deposits, which was in excess of $3.22 billion representing 72% growth from 2015. The total loans registered $2.83 billion, which is a 44% increase from 2015. The year 2016 also recorded a net profit of $83 million compared to $53 million in 2015.

CEO John Holt and COO Matt Siekielski feel that it is through this growth that the initial offering was oversubscribed. They mention that the client confidence in the company is highly reflected by their action on this initial private offering (IPO). They were able to raise over $200 million in debt and equity and are seeking to invest this funds in projects that will facilitate the growth of the business even more.