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Illinois Finance Authority preps $57.09 million Plymouth Place bonds
By Sheri Kasprzak
New York, Sept. 21 – The Illinois Finance Authority is set to price $57,085,000 of series 2015 revenue bonds for Plymouth Place Inc., according to a preliminary official statement.
The bonds (//BB+) will be sold on a negotiated basis with Ziegler Inc. as the lead manager.
The bonds are due May 15, 2050.
Proceeds will be used to finance capital improvements at a retirement community in LaGrange Park, Ill., as well as to refund the authority’s series 2005A revenue bonds.
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