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Published on 11/16/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Illinois Health calls $56 million Rush-Presbyterian-St. Luke's bonds

By Tali David

Minneapolis, Nov. 16 - Illinois Health Facilities Authority has called $56 million of its Rush-Presbyterian-St. Luke's Medical Center Obligated Group series 1998A revenue bonds.

The following bonds will be redeemed on Dec. 16 at par plus interest:

• $5.105 million of its 5.25% notes due 2012;

• $5.175 million of its 5.25% notes due 2013;

• $5.785 million of its 5.25% notes due 2014;

• $2.33 million of its 5.25% notes due 2016;

• $6.2 million of its 5% notes due 2018; and

• $31.405 million of its 5% notes due 2024.

The Bank of New York Mellon Trust Co., NA is the trustee.

The Chicago-based authority provides support to help businesses get the capital they need for growth.


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