Illinois Health calls $78.21 million of University of Chicago bonds

By Tali David

Minneapolis, May 29 - Illinois Health Facilities Authority plans to redeem $78,205,000 of its University of Chicago Hospitals and Health System revenue bonds, series 2001, according to a redemption notice.

The following bonds will be redeemed at par plus accrued interest on June 28:

• $1,595,000 of 5.375% bonds due Aug. 15, 2012;

• $1,685,000 of 5.375% bonds due Aug. 15, 2013;

• $1,775,000 of 5.375% bonds due Aug. 15, 2014;

• $2 million of 5% bonds due Aug. 15, 2015;

• $2 million of 5% bonds due Aug. 15, 2016;

• $2.07 million of 5.375% bonds due Aug. 15, 2017;

• $2.18 million of 5.375% bonds due Aug. 15, 2018;

• $2.3 million of 5.375% bonds due Aug. 15, 2019;

• $2.42 million of 5% bonds due Aug. 15, 2020;

• $2.54 million of 5% bonds due Aug. 15, 2021;

• $2.67 million of 5% bonds due Aug. 15, 2022;

• $2,805,000 of 5% bonds due Aug. 15, 2023;

• $28.1 million of 5% bonds due Aug. 15, 2031; and

• $24,065,000 of 5.1% bonds due Aug. 15, 2036.

Wells Fargo Bank, NA is the trustee.

The authority is under the Chicago-based Illinois Finance Authority, which provides funding for nonprofit organizations.

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