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Published on 4/12/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Illinois Educational Facilities calls $100.52 million revenue bonds

By Ashley Montgomery

Kansas City, Kan., April 12 - Illinois Educational Facilities Authority will redeem all $100,515,000 outstanding of its series 2002 Educational Advancement Fund, Inc. student loan housing revenue bonds issued for the University Center Project, according to a notice.

The bonds will be redeemed May 1 at 101.

The following bonds are affected

• $17.87 million of 6.625% bonds due May 1, 2017;

• $24.41 million of 6% bonds due May 1, 2022; and

• $58,235,000 of 6.25% bonds due May 1, 2030.

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


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