Chicago holders must tender $202.5 million series 2003B G.O.s March 18

By Angela McDaniels

Tacoma, Wash., March 11 - The City of Chicago said holders of its $202.5 million series 2003B general obligation variable-rate demand bonds must tender their bonds at par plus accrued interest on March 18.

The mandatory tender is related to the conversion of the bonds' interest mode to the daily mode effective March 18, according to a notice from bond trustee Amalgamated Bank of Chicago.

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