Illinois Finance calls $67.78 million Rehabilitation Institute bonds

By Tali David

Minneapolis, June 28 - The Illinois Finance Authority exercised its option to call $67,775,000 of its series 2009B and 2009C variable-rate demand revenue bonds issued for the Rehabilitation Institute of Chicago, according to two releases.

The authority will redeem $52.7 million of series 2009B bonds due April 1, 2032 and $15,075,000 of series 2009C bonds due April 1, 2039.

The bonds will be redeemed at par plus accrued interest on July 11.

Wells Fargo Bank, NA is the bond trustee.

The authority is based in Chicago and has offices in Peoria, Springfield and Mt. Vernon.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.