Illinois Finance to price $154.1 million revenue bonds for hospital

By Cristal Cody

Springdale, Ark., Aug. 15 - The Illinois Finance Authority plans to sell $154.1 million revenue bonds for Northwest Community Hospital, according to a preliminary official statement.

The series 2008A fixed-rate bonds (Aa3/AA-/) have serial maturities from 2010 through 2019 and terms due 2023, 2033 and 2038.

Goldman, Sachs & Co. is the senior manager of the negotiated sale, and Loop Capital Markets LLC is the co-manager.

Proceeds will be used to pay or reimburse the hospital for costs of acquiring, constructing, renovating and equipping health facilities.

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