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Published on 4/10/2008 in the Prospect News Municipals Daily.

Illinois Finance Authority approves sale of more than $1.42 billion bonds

By Cristal Cody

Springdale, Ark., April 10 - The Illinois Finance Authority granted approval for the sale of more than $1.42 billion of bonds from several issuers in the state.

The board approved the bonds in a meeting Tuesday, said authority spokesman Diane Hamburger.

The approval includes the sale of up to $80 million bonds from the UNO Charter School Network in Chicago; $85 million bonds from the Chicago Symphony Orchestra; $540 million bonds from the Elmhurst Memorial Healthcare in Elmhurst; $120 million bonds from Silver Cross Hospital in Joliet; $500 million bonds from DePaul University in Chicago and $95 million bonds from Loyola University in Chicago.


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