Illinois Development calls $123.07 million of pollution control bonds

By Tali David

Minneapolis, Dec. 17 - The Illinois Development Finance Authority called $123,065,000 of its pollution control revenue refunding bonds, according to multiple notices.

The authority will redeem $35 million of its 5.95% 1993 series C-1 bonds issued for the Central Illinois Public Services Co. The bonds, which are due Aug. 15, 2026, will be redeemed at par on Jan. 16.

The authority will also redeem $35.61 million of its 5.7% 1994 series A bonds issued for the Illinois Power Co. The bonds, which are due Feb. 1, 2024, will be redeemed at par plus accrued interest on Jan. 16.

Finally, the authority will redeem $52,455,000 of its 5.4% 1998 series A & B bonds issued for Illinois Power. The bonds, which are due March 1, 2028, will be redeemed at par on Jan. 16.

The Bank of New York Mellon is the trustee agent.

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