Illinois Finance calls $2.45 million of University of Chicago bonds

By Melissa Kory

Cleveland, June 2 - The Illinois Finance Authority said $124,000 of its $80 million of series 2004C and $2.328 million of its $100 million of series 2004B adjustable-rate University of Chicago revenue bonds are subject to a mandatory sinking fund redemption.

The series 2004C bonds mature on July 1, 2039, and the series 2004B bonds mature on July 1, 2034.

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

Amalgamated Bank of Chicago is the trustee.

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