Illinois Development calls $20.85 million Loyola Academy bonds

By Melissa Kory

Cleveland, March 14 - The Illinois Development Finance Authority said it will redeem its $20.845 million of series 2001 variable-rate Loyola Academy Project adjustable demand revenue bonds due Oct. 1, 2031.

The bonds will be redeemed on April 12 at par, plus accrued interest to the redemption date.

Bank of New York Mellon is the redemption agent.

The authority, based in Chicago, aims to strengthen Illinois businesses and the state's economic development agenda.

© 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.