OSF Healthcare System plans to convert $53.8 million series 2005B revenue refunding bonds

By Cristal Cody

Springdale, Ark., March 6 - OSF Healthcare System in Chicago intends to convert $53.825 million series 2005B revenue refunding bonds on March 20, according to a notice.

The bonds will change from a 28-day auction period to a seven-day auction period beginning March 21, if sufficient clearing bids exist, the system's chief executive officer said in the notice.

The bonds were sold through the Illinois Finance Authority.

OSF Health Chief Executive James Moore declined further comment when reached by telephone.

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