Illinois Finance’s SwedishAmerican revenue bonds have mandatory tender

By Tali Rackner

Norfolk, Va., Feb. 26 – The Illinois Finance Authority said its $76.98 million of series 2004 revenue bonds issued for SwedishAmerican Hospital are subject to mandatory tender, according to a notice.

The following will be purchased at par plus accrued interest on March 27:

• $3,135,000 of 5% bonds due Nov. 15, 2015;

• $3.29 million of 3.75% bonds due Nov. 15, 2016;

• $27,795,000 of 5% bonds due Nov. 15, 2023; and

• $42.76 million of 5% bonds due Nov. 15, 2031.

The tender is in lieu of a redemption.

The Bank of New York Mellon Trust Co, NA is the trustee.

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