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Illinois Finance calls $194.13 million of Northwestern Memorial bonds
By Tali Rackner
Norfolk, Va., July 16 – The Illinois Finance Authority called $194.13 million of its series 2004A revenue bonds issued for the Northwestern Memorial Hospital, according to a notice.
The following will be redeemed at par plus accrued interest on Aug. 15:
• $50 million of 5.25% bonds due Aug. 15, 2034; and
• $144.13 million of 5.5% bonds due Aug. 15, 2043.
Wells Fargo Bank, NA is the agent.
Based in Chicago, the authority provides funding for nonprofit organizations. The hospital is also based in Chicago and is affiliated with Northwestern University.
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