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Published on 12/1/2014 in the Prospect News Municipals Daily.

Illinois Finance plans $303.46 million of Advocate Health Care bonds

By Sheri Kasprzak

New York, Dec. 1 – The Illinois Finance Authority is expected to price $303.46 million of series 2014 revenue bonds for the Advocate Health Care Network on Thursday, according to a sales calendar.

The bonds (Aa2/AA/AA) will be sold through senior manager J.P. Morgan Securities LLC.

The bonds are due 2019 to 2038.

Proceeds will be used to advance refund existing bonds issued by Advocate Sherman Health and Advocate Health Care Network.


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