Illinois Health Facilities calls $76.5 million Loyola Health bonds

By Marisa Wong

Madison, Wis., May 27 - Illinois Health Facilities Authority said it will redeem its $76.5 million of outstanding Loyola University Health System series 2001A revenue bonds on July 1.

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

Affected are $26.5 million of 6% bonds due July 1, 2021 and $50 million of 6.125% bonds due July 1, 2031.

The authority is under the Chicago-based Illinois Finance Authority, which provides funding for nonprofit organizations. The academic medical center is based in Maywood, Ill.

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