Illinois Finance Authority 2008 revenue bonds have mandatory tender

By Ashley Montgomery

Kansas City, Kan., July 26 - Illinois Finance Authority's series 2008C-1, 2008C-2A, 2008C-2B and 2008C-3A revenue bonds are subject to mandatory tender, according to multiple notices.

The bonds were issued for Advocate Health Care Network in the original issue amount of $326,325,000.

The bonds will be purchased Aug. 1 at par.

The mandatory tender is a result of the replacement of the initial liquidity facilities providing support for series 2008C-2A and 2008C-3A bonds and the termination of the liquidity facilities supporting series 2008C-1 and 2008C-2B bonds. The 2008C-1 and 2008C-2B liquidity facilities will also be replaced.

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

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