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Illinois Finance to sell $237.24 million bonds for Advocate Health
By Sheri Kasprzak
New York, Nov. 30 - The Illinois Finance Authority plans to price $237.235 million in series 2010 revenue bonds for Advocate Health Care Network, according to a preliminary official statement.
The offering includes $37 million in series 2010A bonds, $50 million in series 2010B bonds, $27.5 million in series 2010C bonds and $122.735 million in series 2010 D bonds.
Citigroup Global Markets Inc. is the senior manager. The co-managers are Loop Capital Markets LLC and Cabrera Capital Markets LLC.
The maturities have not yet been set.
Proceeds will be used to construct a patient tower at the BroMenn Regional Medical Center in Normal, Ill.
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