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Board approves consent for up to $365 million Ascension revenue bonds; up to $125 million for Davidson County projects
Summary
The Health and Education Facilities Board unanimously consented to a multi‑county Ascension Health Alliance revenue bond issuance not to exceed $365,000,000, with about $125,000,000 expected to be spent on recapitalization projects in Davidson County, including upgrades at Ascension St. Thomas West and Midtown.
The Health and Education Facilities Board on Monday consented to a multi‑county revenue bond issuance for Ascension Health Alliance that could total as much as $365,000,000, with roughly $125,000,000 earmarked for projects in Davidson County. The board’s consent is required because Rutherford County is the issuer on the multi‑county financing.
Sumner Bolden, who identified himself as a representative of the Rutherford County issuer,…
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