Category: Company

Nexbank Closed $54 million Subordinated Debt

Nexbank is a private financial equity facility which has its bases in Dallas, Texas. The firm was founded by in the year 1922, and it was formerly known as Heritage bank. Later in 2005, the financial institution changed its name to Nexbank. Its assets worth $6.4 billion and provides banking services and financial products. Nexbank offers a savings account, mortgages, commercial checking accounts, mobile banking services, treasury management, internet banking. It also provides commercial lending services which include business loans and real estate.

Besides, the bank provides institutional services such as financing services, corporate advisory, investment banking, corporate lending and banking, mergers and acquisitions, customized programmes and land advisory services. Nexbank offers its services to companies, individuals and institutions found in Texas and other neighboring states.

The company also conducts philanthropic activities as it aims at improving living standards for Dallas residents. It has specific programmes such as community services programmes, finical education, loan programmes, and an economic development project. Nexbank has sponsored the Dallas Women’s Foundation during their 32nd annual luncheon. The company gave out $100 000 to the foundation to help them support women in developing their economic security and leadership.

The financial services company is a highly reputable company which offers quality services, and it has helped many companies in their growth and development. The founder of the company is Mr. James Dondero. John Holt is the President and the Chief Executive Officer of Nexbank.

Nexbank Capital announced the completion of $54 million debt of subordinated notes to certain net worth and institutional investors. The financial services firm intends to use notes of the offering for the general customer and corporate purposes. With the closing, Nexbank Company has raised over $ 280 million of equity and debt since 2016.

The proceeds are not callable for five years, and they have stated maturity of 2027, 30th of September. The notes consider the interest of fixed rate 6.375% for five years and afterward at a simple interest rate which is based on a spread above a three month LIBOR of 458.5 points. The proceeds were given an investment grade rate of BBB-with a firm outlook by Kroll Bond Rating Agency. The notes also qualify as Tier 2 Capital under the applicable regulations of capital.

The offering was closed on 19th of September 2017, and the sole placement agent was Sandler O’Neill & Partners, L.P. The notes have not been registered under the governments Securities Act hence they can neither be offered nor sold in the United States. To learn more about Nexbank visit icocrowd.com

https://www.slideshare.net/jrotter/nexbank-capital-inc-quarterly-profile-june-2017

https://www.manta.com/c/mtmp9xy/nexbank-ssb

Online Therapy with Oren Frank

No time for therapy or too lazy to get to a therapist? No need to worry because Talkspace got you. Talkspace is an online platform that offers therapy sessions through video chats, messages, and audios. All therapists on their site are well trained and certified. Oren Frank, the Chief Executive Officer and Co-founder of the company say that the company currently has a million clients on their portfolio. This is after five years in the industry.

Oren Frank says that it is important that people start putting effort into ensuring their mental health is intact. He says that people are so afraid of eating products with sugar or too much fat in fear of diabetes. What they don’t know is that mental illness is critical like any other disease. In every five individuals in the USA, one is suffering from mental issues. More about of Oren Frank at Huffpost

Talkspace teaches their patients on ways to overcome stress by staying calm, shifting behavior and handling pressure. Stress doesn’t have to control you, if you have been struggling with such issues and anxiety, Talkspace will help you get past it. Oren Frank recently announced the company hiring a chief medical officer from UnitedHealth.

Oren Frank mentioned that the platform is growing and they need to see their patients get everything they need to feel better. The medical officer will help subscribe medicine for the clients when necessary. The company is yet to decide the medicine they will be prescribing to their clients.

Frank says that employers are now taking mental health care seriously after research that showed many Millineals are suffering from anxiety and depression.

Oren Frank’s Twitter is full of encouraging messages on achieving a happy life and accepting the challenges that come our way. In one of his tweets, he admits not all his days are perfect but he tries to stay happy, and the see good in life.

Read more: https://www.crunchbase.com/person/oren-frank

 

With AM PM Essentials, Jeunesse Global makes strong entry into multivitamins

You have probably heard of the name Jeunesse Global. But even if you can’t place it, the mere fact that most people in the developed world have at least had some encounter with the company and its products is testament to the incredible growth story of which Jeunesse Global has been the subject.

Founded in 2009 by industry veterans Randy Ray and Wendy Lewis, Jeunesse Global quickly grew from a garage-based hobby business into an international power player in the global health and beauty scene. From the start, Ray and Lewis wanted to create a different kind of health and beauty company. They wanted to form a company that would help people to meet their financial goals while also providing groundbreaking and life-changing products to customers across the globe. Rather than making more money, the already rich couple wanted to make a life statement, creating a company that would leave a lasting legacy of innovation and helping people.

In Jeunesse Global, Ray and Lewis were able to meet their goals. The company has found enormous success in selling innovative and effective products. The couple was able to use their expertise in finding unexploited market niches and quickly pairing up with some of the best product-development engineers in the world to create slam-dunk health and beauty products.

One example of the company’s innovative products is its AM PM Essentials multivitamin. AM PM Essentials is designed both to help people stay alert and focused throughout the day, operating at their peak performance, as well as being able to wind down and successfully fall asleep at night. While many multivitamins are formulated to help people perform at their best throughout the day, few have ever ventured to address the serious problems that using such performance-enhancing substances as caffeine and energy drinks cause when trying to fall asleep. Sleep problems and, in particular, inadequate hours of sleep are one of the chief causes of low productivity in today’s modern economy. PM Essentials offers an all-natural remedy to the problems caused by not being able to fall asleep, helping people to wake up refreshed and fully restored, ready to face the day at their best.

https://bestcompany.com/mlm/company/jeunesse-global

Find Out Why Aloha Construction Won The BBB Torch Award For 2017

Aloha Construction is a construction service company located in Zurich, Illinois. It serves the homeowners in that state and in southern Wisconsin. The company was established ten year ago as a small family startup. It has since grown into one of the leading contractor firms in the region, having completed over 7000 local projects. Aloha Construction has garnered a reputation for excellence and integrity. The company’s highly trained and experienced staff of claims specialists, installers, project managers, and office personnel have helped build this reputation.

The company was recently awarded the BBB Torch Award for Ethical Practices. The Better Business Bureau gives this award to businesses that demonstrate exceptional ethical practices over the course of a year. The competition for the award is intense and the screening process rigorous. An independent panel of judges selects each recipient. The panel for the 2017 award cited Aloha Construction’s contributions to the local community as the main reason it won the award.

Aloha Construction offers reliable repair and renovation solutions to homeowners throughout the region.

Roofing is one of the company’s specialties. If your roof has been damaged or degraded, you must act quickly to get it repaired. Aloha Construction can dispatch a repair crew to your home to assess the extent of the damage and to begin work straightaway to repair it.

The company also offers repair solutions for gutter system damage. The latter is an important part of your home. Without a functioning gutter system rain water would fall directly to the ground, which can lead to soil erosion. It also increases the risk of flooding in your basement and causes an increase in dampness, which is one of the main factors in mold growth. A gutter repair team from Aloha Construction can repair or replace your rotted or damaged gutter system. They can also install a new downspout system if needed.

The company also provides expertise and assistance on home renovation jobs. If you are thinking of having new flooring put in or a new room added to your home, the firm can send a crew over to help you carry out the job.

https://patch.com/illinois/lakezurich/consideration-community-care-cant-compare-when-it-comes-aloha-construction