Illinois Finance plans $200 million revenue bonds for Rush University Medical Center

By Aaron Hochman-Zimmerman

New York, July 1 - Illinois Finance Authority announced plans to sell $200 million in series 2009C-D revenue bonds on July 9 on behalf of the Rush University Medical Center, according to preliminary offering statement.

The authority will sell $173.8 million in series 2009C bonds and $26.2 million in series 2009D bonds.

Morgan Stanley & Co. Inc., J.P. Morgan Securities Inc., William Blair & Co., Cabrera Capital Markets LLC, Citigroup Global Markets Inc., Loop Capital Markets LLC and Raymond James & Associates will act as underwriters for the negotiated deal.

Proceeds will be used to refinance and repay debts related to the construction of medical facilities.

Rush University Medical Center is located in Chicago.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.