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Illinois Health calls $105.7 million of Sherman Health Systems bonds
By Tali David
Minneapolis, June 5 - Illinois Health Facilities Authority plans to redeem $105.7 million of its series 1997 Sherman Health Systems revenue bonds, according to a notice.
The following will be redeemed at par plus a premium on June 5:
• $26,695,000 of 5.25% bonds due Aug. 1, 2017;
• $34.48 million of 5.25% bonds due Aug. 1, 2022; and
• $44,525,000 of 5.25% bonds due Aug. 1, 2027.
The Bank of New York Mellon Trust Co., NA is the trustee agent.
The authority is under the Chicago-based Illinois Finance Authority, which provides funding for nonprofit organizations.
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