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Published on 9/10/2009 in the Prospect News Municipals Daily.

Illinois to price $400 million in G.O. bonds Wednesday

By Sheri Kasprzak

New York, Sept. 10 - The State of Illinois is expected to bring to market $400 million in series 2009A general obligation bonds on Wednesday, said a notice of sale.

The bonds will be sold on a competitive basis with First Southwest Co. as the financial adviser.

The bonds are due 2010 to2034.

Proceeds will be used for capital improvements, transportation and highway purposes, anti-pollution programs and coal and energy development programs.


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