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Illinois Health to redeem $102.11 million Advocate Health Care bonds
By Marisa Wong
Madison, Wis., Oct. 18 - The Illinois Health Facilities Authority said it will redeem all $102.11 million of its Advocate Health Care Network series 1997A revenue refunding bonds and series 2000 revenue bonds on Nov. 15.
The bonds will be redeemed at par plus accrued interest up to the redemption date.
To be redeemed are the following bonds:
• $5.115 million of 6.125% bonds due Nov. 15, 2011;
• $4.995 million of 6.25% bonds due Nov. 15, 2012;
• $5.24 million of 6.25% bonds due Nov. 15, 2013;
• $5.395 million of 6.25% bonds due Nov. 15, 2014;
• $5.58 million of 6.375% bonds due Nov. 15, 2015; and
• $75.785 million of 6.125% bonds due Nov. 15, 2022.
Advocate is a not-for-profit health system based in Oak Brook, Ill.
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