Illinois calls $21.29 million of 5.5% Build Illinois sales tax bonds

By Melissa Kory

Cleveland, Jan. 25 - The State of Illinois said it will redeem its $21,285,000 of 5.5% series March 2001 Build Illinois sales tax revenue bonds.

The bonds will be redeemed on June 15 at par, plus accrued interest to the redemption date.

U.S. Bank, NA is the redemption agent.

To be redeemed are the following bonds:

• $1.62 million of its $4,955,000 of bonds due June 15, 2012;

• $1,605,000 of its $4,915,000 of bonds due June 15, 2013;

• $7.77 million of its $23.78 million of bonds due June 15, 2014;

• $6,455,000 of its $19.76 million of bonds due June 15, 2015; and

• $3,835,000 of its $11,745,000 of bonds due June 15, 2016.

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