Elmhurst Memorial Healthcare of Illinois to sell $112.615 million series 2008A revenue bonds Tuesday

By Sheri Kasprzak

New York, May 5 - Elmhurst Memorial Healthcare will price $112.615 million in series 2008A variable-rate demand revenue bonds Tuesday, a calendar of offerings confirmed Monday.

The bonds (Baa1/A-/) will be sold on a negotiated basis with Citigroup Global Markets as the senior manager.

The bonds are due 2038 and 2048.

The bonds will be sold through the Illinois Finance Authority.

Proceeds will be used to refund the authority's series 2006 revenue bonds and to pay for a portion of the costs of acquiring and equipping health care facilities.

© 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.