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FINANCIAL_SERVICESAPPROVED

University of South Alabama Board of Trustees Meeting Agenda 2026-06-04

PFM to Advise on $260M Series 2026 Bond Plan

Usa Health University HospitalPFM FINANCIAL ADVISORS LLCJune 2, 2026

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Description

The Board of Trustees authorized continued engagement of PFM Financial Advisors LLC as municipal advisor for a major Series 2026 bond financing plan of up to $260 million. PFM will advise on refinancing existing debt, funding new capital improvements including a new medical school and housing, and structuring any associated bridge loan financings.

Contract Details

Vendor

PFM FINANCIAL ADVISORS LLC

Agency

Usa Health University Hospital, AL

Contract Type

FINANCIAL_SERVICES

Document Date

June 2, 2026

Renewal Info

Resolution confirms and relies on PFM's advisory role for the Series 2026 bond issuance and any related bridge loan financings; specific end date is not stated and tied to completion of the authorized financings.

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