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Published on 4/16/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Illinois Finance calls $52 million Children's Memorial Hospital bonds

By Tali David

Minneapolis, April 16 - Illinois Finance Authority called $52 million of its Children's Memorial Hospital variable-rate demand revenue bonds, series 2008C and 2008D, according to two press releases.

The authority will redeem $26 million of series 2008C and $26 million of series 2008D bonds on May 1. The bonds, which are due Aug. 15, 2025, will be redeemed at par plus accrued interest.

Wells Fargo Bank, NA is the bond trustee.

The authority is based in Chicago and has offices in Peoria, Springfield and Mt. Vernon. Children's Memorial Hospital is based in Chicago.


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