Illinois Finance plans $126 million revenue bonds for Provena Health

By Sheri Kasprzak

New York, Jan. 26 - The Illinois Finance Authority is expected to sell $126 million in series 2010 revenue bonds for Provena Health, according to a preliminary official statement.

The sale includes $115.395 million in series 2010A bonds and $10.605 million in series 2010B bonds.

Goldman, Sachs & Co. is the senior manager.

The maturities for the 2010A bonds have not been set. The 2010B bonds are due 2034.

Proceeds will be used to purchase from Goldman, Sachs & Co. prior bonds issued for Provena Health, as well as to reimburse Provena for the costs of constructing, acquiring, equipping and renovating facilities.

Provena Health is based in Mokena, Ill.

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