Illinois Health's $60.91 million of 1985A bonds have mandatory tender

By Tali David

Minneapolis, July 6 - Illinois Health Facilities Authority said that its $60.91 million of series 1985A variable-rate demand revenue bonds are subject to mandatory tender for purchase on Aug. 1.

The bonds will be purchased at 102.5 plus accrued interest to the purchase date.

Wells Fargo Bank, NA is the trustee.

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

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