The Nashville Symphony Association announced on Monday that it had reached an agreement with creditors to pay an $82.3 million debt to avoid foreclosure and prevent the sale of its concert hall, the Schermerhorn Symphony Center. The deal comes only days before the hall was scheduled to be put up for auction and after months of negotiations about how the symphony would repay the remaining balance of a $102 million bond issue which financed the original construction of the hall in 2006. Details of the agreement were not disclosed but Martha R. Ingram, a symphony board member, former board chairwoman and noted philanthropist, contributed a large sum to help resolve the matter.
