Illinois Finance plans $72 million sale of revenue bonds for Little Company of Mary Hospital

By Sheri Kasprzak

New York, Sept. 28 - The Illinois Finance Authority is set to price $72 million in series 2010 revenue bonds for the Little Company of Mary Hospital and Health Care Centers, according to a preliminary official statement.

The bonds (/A+/A+) will be sold on a negotiated basis with Barclays Capital Inc. as the senior manager.

The maturities have not been set.

Proceeds will be used to finance or reimburse Little Company of Mary for costs associated with constructing, equipping, improving and repairing health care facilities.

Based in Chicago, the authority provides financing for health care, educational, nonprofit and corporate projects. Little Company of Mary, based in Evergreen Park, Ill., operates hospitals and health care centers.

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