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Published on 5/7/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Illinois Finance calls $55.94 million Art Institute of Chicago bonds

By Marisa Wong

Milwaukee, May 7 - The Illinois Finance Authority gave notice that it will redeem $55.94 million of its outstanding Art Institute of Chicago series 2009B bonds on May 21.

The bonds will be redeemed at par, plus accrued interest up to the redemption date.

Affected are $27.97 million of 2009B-1 bonds due Sept. 1, 2038 and $27.97 million of 2009B-2 bonds due Sept. 1, 2038.

Wells Fargo Bank, NA is the trustee.


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