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Published on 4/18/2016 in the Prospect News Municipals Daily.

Illinois Finance coordinates $484.94 million Mercy Health revenue bonds

By Sheri Kasprzak

New York, April 18 – The Illinois Finance Authority is set to price $484.94 million of series 2016 revenue bonds for Mercy Health, according to a preliminary official statement.

The bonds (A3) will be sold through J.P. Morgan Securities LLC and Ziegler Inc.

The maturities have not been set.

Proceeds will be used to refund the health system’s series 2008, 2010A and 2012 revenue bonds.


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