Illinois Finance defeases some University of Chicago 5% bonds

By Wendy Van Sickle

Columbus, Ohio, Sept. 15 – The Illinois Finance Authority defeased $230.32 million of University of Chicago revenue bonds, series 2007, according to a notice.

The following 5% bonds will be redeemed July 1, 2017 at par plus accrued interest:

• $2.12 million of bonds due 2018;

• $2,225,000 of bonds due 2019;

• $2.34 million of bonds due 2020;

• $2,455,000 of bonds due 2021;

• $2.58 million of bonds due 2022;

• $2,705,000 of bonds due 2023;

• $2.84 million of bonds due 2024;

• $2,985,000 of bonds due 2025;

• $3,135,000 of bonds due 2026;

• $3,895,000 of bonds due 2027;

• $4.09 million of bonds due 2028;

• $4.3 million of bonds due 2029;

• $4.51 million of bonds due 2030;

• $4,735,000 of bonds due 2031;

• $4,975,000 of bonds due 2032;

• $5.22 million of bonds due 2033;

• $23,635,000 of bonds due 2037; and

• $151,575,000 of bonds due 2046.

All of the bonds have a July 1 maturity date of their respective years.

Amalgamated Bank of Chicago is the trustee.

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