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Published on 5/7/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Illinois Health calls $35.53 million of Rockford Health Systems bonds

By Tali David

Minneapolis, May 7 - Illinois Health Facilities Authority plans to redeem $35.53 million of its Rockford Health Systems Obligated Group revenue refunding bonds, series 1997, according to a redemption notice.

The following bonds will be redeemed at par plus accrued interest on June 4:

• $12,155,000 of 5.125% bonds due Aug. 15, 2015; and

• $23,375,000 of 5% bonds due Aug. 15, 2021.

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

The authority is under the Chicago-based Illinois Finance Authority, which provides funding for nonprofit organizations.


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