Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers T > Headlines for Tenders 2010 > News item |
Illinois demand revenue refunding bonds subject to mandatory tender
By Devika Patel
Knoxville, Tenn., March 9 - The Illinois Finance Authority said some of its series 2009A and series 2009B variable-rate demand revenue refunding bonds are subject to a mandatory tender at par plus interest on April 8.
The affected bonds are subseries 2009A-1, subseries 2009A-2, subseries 2009B-1 and subseries 2009B-2.
The University of Chicago Medical Center has opted to convert the daily interest rate period of the bonds to a long-term interest rate period, according to the notice of conversion and mandatory tender. After April 8, the bonds will bear interest at long-term interest rates until maturity.
Wells Fargo Bank, NA is the trustee.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.