Illinois Finance calls series 2005 Spertus Institute revenue bonds

By Wendy Van Sickle

Columbus, Ohio, July 28 – The Illinois Finance Authority plans to redeem $43.57 million of adjustable-rate demand revenue bonds issued for the Spertus Institute of Jewish Studies, series 2005, according to a notice.

The bonds, which have a Sept. 1, 2035 maturity date, are set for redemption at par plus accrued interest this Sept. 1.

The call is conditioned upon sufficient funds being deposited with the trustee, U.S Bank Global Corporate Trust Services, by the redemption date, according to the notice.

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