Illinois Health to redeem $102.11 million Advocate Health Care bonds

By Marisa Wong

Madison, Wis., Oct. 18 - The Illinois Health Facilities Authority said it will redeem all $102.11 million of its Advocate Health Care Network series 1997A revenue refunding bonds and series 2000 revenue bonds on Nov. 15.

The bonds will be redeemed at par plus accrued interest up to the redemption date.

To be redeemed are the following bonds:

• $5.115 million of 6.125% bonds due Nov. 15, 2011;

• $4.995 million of 6.25% bonds due Nov. 15, 2012;

• $5.24 million of 6.25% bonds due Nov. 15, 2013;

• $5.395 million of 6.25% bonds due Nov. 15, 2014;

• $5.58 million of 6.375% bonds due Nov. 15, 2015; and

• $75.785 million of 6.125% bonds due Nov. 15, 2022.

Advocate is a not-for-profit health system based in Oak Brook, Ill.

© 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.