Thomas F. Frist, Jr. College of Medicine

Construction continues at the Thomas F. Frist, Jr. College of Medicine at Belmont University. 

Belmont University is more than doubling its debt to build a new medical school, Bloomberg reports.

Metro’s Health and Educational Facilities Board sold $187.5 million in municipal bonds on behalf of Belmont to build the school, as well as a residence hall. This brings Belmont’s outstanding debt to $314 million from $128.7 million as of last May, according to S&P Global Ratings. S&P assigned an A rating to the debt, citing increased enrollment at the school, and Bloomberg reports there was strong demand for the debt. 

Jeff Lewis- Tennessee Pharmacist Association

Jeff Lewis 

Recommended for you