DALLAS – Bracewell LLP recently served as bond counsel and disclosure counsel for Texas Children’s Hospital in approximately $540 million in tax-exempt bonds. The transaction was comprised of four series of bonds, including $300 million of new money for Texas Children’s plus refunds for three outstanding series of bonds.
Texas Children’s operates a fully integrated pediatric and women’s health care system located in Houston and the surrounding areas, and is affiliated with Baylor College of Medicine, serving as their primary pediatric and OB/GYN clinical and educational facility. With the new funds generated by these bonds, the hospital will begin working on Phase 1 of a new children and women’s hospital in Austin, Texas.
Goldman Sachs, J.P. Morgan Securities LLC, Loop Capital Markets LLC and Ramirez & Co., Inc. led the underwriting syndicates and sold the bonds domestically and internationally.
Bracewell lawyers involved in this transaction included:
Partners: Jonathan C. Leatherberry, R. Todd Greenwalt and Brian P. Teaff
Associate: Shelby Harden