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Prospect News home > News index > List of issuers T > Headlines for Tenders 2011 > News item
Published on 1/31/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Illinois Development calls some Presbyterian Homes Lake Forest bonds

By Marisa Wong

Madison, Wis., Jan. 31 - The Illinois Development Finance Authority said it will redeem $1 million of its $59.4 million of outstanding Presbyterian Homes Lake Forest Project adjustable demand revenue bonds, series 1996A, on March 1.

The bonds, which are due Sept. 1, 2031, will be redeemed at par plus accrued interest up to the redemption date.

The Presbyterian Homes retirement community is located in Lake Forest, Ill.


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