Illinois Development Finance calls all $51 million Peoples Gas bonds

By Marisa Wong

Madison, Wis., July 18 - Illinois Development Finance Authority said it will redeem all of its $51 million Peoples Gas Light and Coke Co. gas supply refunding revenue bonds, series 2003C, on Aug. 18.

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

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

The authority is under the Chicago-based Illinois Finance Authority, which provides funding for farms, industries, businesses, local governments, hospitals and nonprofit organizations. The gas utility is also based in Chicago.

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