Daily Briefs

By Updated: March 01, 2019 9:12 PM CT | Published: March 01, 2019 5:25 PM CT
  • Jerry Lee Lewis recovering from minor stroke
  • MAA seeks to raise $300 million in offering
  • Shelby schools to benefit from $1 million CMA grant program
  • Saint Francis Healthcare Market CEO named to Becker's 2019 List of 68 African American Leaders in Healthcare

Jerry Lee Lewis recovering from minor stroke

Jerry Lee Lewis is recovering from a minor stroke Thursday evening, according to his Twitter account.

The tweet Friday afternoon said Lewis is expected to make a full recovery.

"He is with his family, recuperating in Memphis and the doctors expect a full recovery," the note said. "The Killer looks forward to getting back into the studio soon to record a Gospel record and on the road performing live for his fans.

"His family requests privacy at this time. Well wishes and prayers are greatly appreciated."

The rock-n-roll legend appeared frail during an appearance last fall at the Memphis Music Hall of Fame induction ceremony.

Lewis, 83, performed "Great Balls of Fire" for the rockabilly tune's 60th anniversary. He appeared unsure whether he was supposed to perform as he was helped onstage.

He told the crowd he was "gonna give it my best shot" before the brief onstage appearance.

-Ron Maxey

MAA seeks to raise $300 million in offering

MAA, formerly Mid-America Apartment Communities Inc., recently announced that its operating partnership, Mid-America Apartments, L.P., (MAALP) priced a $300 million offering of MAALP's 3.950% senior unsecured notes due 2029.

The notes were priced at 99.720% of the principal amount, according to a release from Memphis-based MAA. The offering's closing is expected to occur on March 7, subject to customary closing conditions.

MAALP intends to use net proceeds from the offering to repay a portion of borrowings under its $1 billion revolving credit facility, and for general corporate purposes, according to the release. Those purposes are not limited and may include the repayment of other debt and the acquisition, development and redevelopment of apartment communities.

Wells Fargo Securities LLC, Citigroup Global Markets Inc., Jefferies LLC, J.P. Morgan Securities LLC, U.S. Bancorp Investments Inc. and Mizuho Securities USA LLC were joint book-running managers for the offering.

A statement relating to these securities has been filed with the Securities and Exchange Commission. 

-Daily Memphian Staff

Shelby schools to benefit from $1 million CMA grant program

Shelby County Schools will share in a grant from the Country Music Association designed to expand music and arts education. 

Eight districts statewide will share a $1 million investment from the CMA Foundation. SCS is the only local district.

"Time and again, research has shown that the impact of arts education goes beyond the four walls of that classroom and ultimately impacts the academic performance of students in all subject areas," Tennessee Education Commissioner Penny Schwinn said in a statement.

The "State of the Arts" music grant program will allow money to be used for professional development for music teachers; additional music supplies, materials and equipment, and expansion of music outreach programs.

-Daily Memphian staff

Saint Francis Healthcare Market CEO named to Becker's 2019 List of 68 African American Leaders in Healthcare

Saint Francis Healthcare Market CEO Dr. Audrey Gregory has been named to the Becker’s Hospital Review’s 2019 list of 68 African American Leaders in Healthcare.

The list highlights African Americans who have taken on healthcare leadership roles across the country and who influence how their organizations approach “healthcare delivery, develop healthcare policy and advocate for the next generation of leaders,” according to a release.

Gregory began her position as CEO in March 2016, and oversees all areas of operations of the 479-bed Saint Francis Hospital-Memphis and the 156-bed Saint Francis Hospital-Bartlett. She is dedicated to “ensuring cultural diversity in healthcare, exemplified by her leadership in international recruiting efforts for Saint Francis Healthcare.”

In addition to being named to Becker’s 2019 list, she was also named in Becker’s 2018 list of 143 Women Leaders of Hospitals and Health Systems.

She has also been honored with the 2017 Tennessee Hospital Association Award, and was selected to the 2019 class for the Nashville Health Care Council Fellows. 

-Natalie Martin


Mid-America Apartment Communities Inc. Saint Francis Healthcare Shelby County Schools

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