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Published on 10/23/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Illinois Finance defeases its series 2004, 2009A OSF Healthcare bonds

By Tali David

Minneapolis, Oct. 23- The Illinois Finance Authority defeased its series 2004 and 2009A OSF Healthcare System bonds, according to two redemption notices.

The authority will redeem the remaining series 2004 revenue refunding bonds at par on May 15, 2014.

It will also redeem $40.31 million of its series 2009A revenue bonds at par on Nov. 15, 2014.

Wells Fargo Bank, NA is the trustee for the 2004 bonds, and J.P. Morgan Trust Co., NA is the bond trustee for the 2009A bonds.

The authority is based in Chicago.


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