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Published on 7/11/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Illinois calls $49.55 million of 2004 revolving fund revenue bonds

By Tali Rackner

Norfolk, Va., July 11 – The State of Illinois called $49,545,000 of its series 2004 revolving fund revenue bonds, according to a notice.

The following will be redeemed at 102 plus accrued interest on Sept. 1:

• $7.71 million of 5.25% bonds due Sept. 1, 2015;

• $7,805,000 of 5.25% bonds due Sept. 1, 2016;

• $7.8 million of 5.25% bonds due Sept. 1, 2017;

• $7,745,000 of 5.25% bonds due Sept. 1, 2018;

• $6.51 million of 5% bonds due Sept. 1, 2019;

• $5,505,000 of 5% bonds due Sept. 1, 2020;

• $3,145,000 of 5% bonds due Sept. 1, 2021;

• $2,675,000 of 5% bonds due Sept. 1, 2022; and

• $650,000 of 5% bonds due Sept. 1, 2023.

Amalgamated Bank of Chicago is the trustee.


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