Livonia, Mich.-based Trinity Health is reportedly considering issuing an incremental amount of debt, worth $600 million in total, for a variety of construction projects and a potential acquisition, according to the health system's Oct. 24 regulatory filing.
The health system is taking on $300 million in debt "for the purpose of the acquisition, construction, renovation and equipping of new and existing Trinity Health facilities," according to the filing.
The filing also states Trinity Health is considering taking on another $300 million in debt to acquire a regional health ministry.
However, the health system noted in the filing it is not obligated to issue the bonds and may discontinue or postpone its plans.