Hawkins served as Bond Counsel to the Public Finance Authority in connection with the issuance of approximately $57,000,000 of revenue bonds for the benefit of Proton International Arkansas, LLC. Proton International Arkansas, LLC, is a joint venture whose members are the Board of Trustees of the University of Arkansas (acting on behalf of University of Arkansas for Medical Sciences), Proton International Care Foundation - Arkansas, LLC, Baptist Health and Arkansas Children’s Hospital. The bonds were issued in three series primarily to finance the equipping, design and development of a proton cancer treatment center located on the campus of University of Arkansas for Medical Sciences in Little Rock, Arkansas. Proton therapy, also called proton beam therapy, is a type of radiation therapy. Instead of using x-rays like regular radiation treatment, it uses protons to sends beams of high energy that can target tumors more precisely than x-ray radiation. The facility is the first proton cancer treatment center in the State of Arkansas.
Project | Proton International Arkansas, LLC |
Client | Public Finance Authority |
Role | Bond Counsel |
Distinction | First proton cancer treatment center in the State of Arkansas |
Issue Size | $57 Million |