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Published on 5/23/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Illinois Finance calls some 2008 University of Chicago revenue bonds

By Marisa Wong

Madison, Wis., May 23 - Illinois Finance Authority said it will redeem $2.532 million of its $117.034 million outstanding University of Chicago adjustable rate revenue bonds, series 2008, on July 1.

The bonds, which are due July 1, 2038, will be redeemed at par plus accrued interest to the redemption date.

Based in Chicago, the authority provides funding for nonprofit organizations. The private research university is also located in Chicago.


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