HP&S Issues Long Term Debt
Health Products & Services, owner of an Ameriplan® Independent business, announced today that they have issued new long term debt at favorable financing. “This will increase our debt to equity ratio, and allow us to more fully leverage our cash for sales and earnings this year.”
HP&S has come under increasing pressure from competition, especially in the benefits core business. However, this increase in debt has more to do with enabling better cash investment for it’s fast growing eCommerce business and New Venture divisions.
HP&S is a diversified health products and services company focused on Ameriplan® discount medical and dental benefits, health and nutrition products, and a diversified array of other retail products and services.
