Illinois Health calls $54.14 million Methodist Medical Center bonds

By Marisa Wong

Madison, Wis., April 13 - Illinois Health Facilities Authority said it will redeem all $54.135 million of its outstanding series 1998 revenue refunding bonds issued for Methodist Medical Center of Illinois.

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

To be redeemed are the following bonds:

• $3.74 million of 5.5% bonds due Nov. 15, 2011;

• $3.945 million of 5.5% bonds due Nov. 15, 2012;

• $4.165 million of 5.5% bonds due Nov. 15, 2013;

• $4.395 million of 5.5% bonds due Nov. 15, 2014;

• $20.005 million of 5.125% bonds due Nov. 15, 2018; and

• $17.885 million of 5.25% bonds due Nov. 15, 2021.

Methodist Medical Center is located in Peoria, Ill.

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