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Illinois calls $1 million of Presbyterian Home Lake Forest bonds
By Tali David
Minneapolis, Aug. 15 - The Illinois Development Finance Authority will redeem $1 million of its series 1996A Presbyterian Home Lake Forest Project adjustable demand revenue bonds, according to a notice.
The bonds, which are due Sept. 1, 2031, will be redeemed at par plus accrued interest on Sept. 4.
Following the redemption, $55.4 million will remain outstanding.
The Presbyterian Homes retirement community is located in Lake Forest, Ill.
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