Illinois educational authority calls 2001A University of Chicago bonds

By Marisa Wong

Madison, Wis., June 1 - Illinois Educational Facilities Authority gave notice that it will redeem its $70.965 million of outstanding 5.25% University of Chicago series 2001A revenue bonds due July 1, 2041.

The bonds will be redeemed on July 1 at 101 plus accrued interest to the redemption date.

The Bank of New York Mellon Trust Co., NA is the trustee.

The authority is under the Chicago-based Illinois Finance Authority, which provides funding for nonprofit organizations. The university is also located in Chicago.

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