Illinois Finance calls portions of 2007 Northwestern Memorial bonds

By Marisa Wong

Madison, Wis., July 18 - Illinois Finance Authority said that it will redeem portions of its outstanding Northwestern Memorial Hospital variable-rate demand revenue bonds, series 2007A-4, on Aug. 15.

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

• $250,000 of 2007A-1 bonds due Aug. 15, 2042;

• $250,000 of 2007A-1 bonds due Sept. 1, 2042;

• $250,000 of 2007A-2 bonds due Sept. 1, 2042;

• $250,000 of 2007A-3 bonds due Sept. 1, 2042; and

• $250,000 of 2007A-4 bonds due Sept. 1, 2042.

Wells Fargo Bank, NA is the agent.

Based in Chicago, the authority provides funding for nonprofit organizations. The hospital is also based in Chicago and is affiliated with Northwestern University.

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