Below are three quick facts.
1. Ascension listed the maximum amount of bonds issued for Ministry facilities as follows: Eagle River (Wis.) Memorial Hospital, $12 million; Sacred Heart Saint Mary’s Hospital in Rhinelander, Wis., and Tomahawk, Wis., $84 million; and Howard Young Medical Center in Woodruff, Wis., $24 million.
2. The Wisconsin Health and Educational Facilities Authority will issue the bonds.
3. According to legal documents, Ascension may use proceeds from the bonds to finance and re-finance purchases, acquisitions, construction, enlargement, remodeling, renovation, improvement, furnishing or equipping Ministry hospitals, skilled nursing facilities, assisted living facilities, other health facilities and their related facilities.
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