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Bracewell Serves as Bond Counsel in Issuance of $91.5 Million Revenue Refunding Bonds for Texas Medical Center

HOUSTON — Bracewell LLP recently served as bond counsel in the issuance of the $52.39 million Harris County Cultural Education Facilities Finance Corporation Revenue Refunding Bonds (Texas Medical Center) Series 2019A and the $39.11 million Harris County Cultural Education Facilities Finance Corporation Taxable Revenue Refunding Bonds (Texas Medical Center) Series 2019B.

Proceeds of the bonds were loaned to Texas Medical Center to refinance and restructure all of its outstanding secured debt. 

Citigroup Global Markets Inc. served as the underwriter of the bonds.

Bracewell lawyers involved in this transaction included:

Partners: Cristy C. Edwards, R. Todd Greenwalt, Brian P. Teaff and Clark Stockton Lord

Associates: Paige H. Abernathy and Emily A. Banse