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Published on 3/28/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

University of Illinois calls $51.69 million auxiliary facilities bonds

By Melissa Kory

Cleveland, March 28 - The Board of Trustees of the University of Illinois said that it will redeem its $51.69 million of series 2001B auxiliary facilities system revenue bonds.

The affected bonds include:

• $14.295 million of 5.125% bonds due April 1, 2022;

• $12.74 million of 5.125% bonds due April 1, 2026; and

• $24.655 million of 5.25% bonds due April 1, 2032.

The bonds will be redeemed on April 1 at par, plus accrued interest to the redemption date.

Bank of New York Mellon is the redemption agent.


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