Illinois authorities call $237.27 million of Loyola University bonds

By Melissa Kory

Cleveland, July 12 - The Illinois Health Facilities Authority said it will redeem its $77.125 million of series 1997A Loyola University Health System bonds on Aug. 8 at par plus accrued interest.

The series 1997A bonds include:

• $19.155 million 5.375% revenue bonds due July 1, 2017;

• $7.09 million 5.625% revenue bonds due July 1, 2018; and

• $50.88 million 5% revenue bonds due July 1, 2024.

The Illinois Finance Authority will redeem its $75 million of variable-rate series 2006C Loyola University demand revenue bonds due April 1, 2041 and $85.145 million of variable-rate series 2006A Loyola University demand revenue refunding bonds due April 1, 2035.

The $160.145 million of 2006 bonds will be redeemed on July 22 at par plus accrued interest.

U.S. Bank, NA is the redemption agent.

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