UT Approves $2.9B Funding for MD Anderson Expansion

Deal Summary

The University of Texas governing agency approved a $2.9 billion financing plan for MD Anderson Cancer Center’s expansion, with $1.6 billion from the hospital’s revenues and $1.2 billion from UT revenue bonds. The funds will support a new Therapeutic Radiation Center and a 25‑floor patient care building, slated for completion in October 2032.