Illinois Finance Authority to sell $153.43 million bonds for Advocate Health Tuesday

By Aaron Hochman-Zimmerman

New York, March 30 - The Illinois Finance Authority plans to price $153.43 million in series 2008A revenue bonds on Tuesday on behalf of the Advocate Health Care Network, according to a calendar of upcoming sales.

The authority will price $51.14 million in series 2008A-1 bonds.

The issue also includes series 2008A-2 and 2008A-3 bonds, each at $51.145 million.

Citigroup Global Markets Inc. will act as the lead underwriter for the negotiated bonds.

Proceeds will be used to refund outstanding debt.

The Illinois Finance Authority is located in Chicago.

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