TITLE

Illinois Planning $1.2B Monday Sale For Hospital Assessment Tax Program

AUTHOR(S)
Shields, Yvette
PUB. DATE
September 2007
SOURCE
Bond Buyer;9/11/2007, Vol. 361 Issue 32710, p38
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the sale of $1.2 billion of general obligation notes plans by Illinois to finance payments owed to hospitals as part of its hospital assessment tax program. The notes will mature in 45 days and although they carry the state's general obligation pledge, government officials anticipate to repay the debt with federal Medicaid reimbursement proceeds and future collections of the hospital assessment fee.
ACCESSION #
26608838

 

Related Articles

  • CALIFORNIA: Hospital District's GO Vote. Saskal, Rich // Bond Buyer;4/25/2008, Vol. 364 Issue 32865, p9 

    The article reports on a vote-by-mail election for a $27 million general obligation bond measure seeking by the Oak Valley Hospital District in California which will be decided on April 29, 2008. The hospital district is returning to voters after obtaining approval of a $37 million bond measure...

  • Treasury 4-Week Bills Go At 3.080% High Yield. Siegel, Gary E. // Bond Buyer;1/16/2008, Vol. 363 Issue 32796, p6 

    The article reports on the $9 billion of four-week bills auctioned by the U.S. Department of the Treasury at a 3.080% high yield, a price of 99.760444. The coupon equivalent was 3.139%. The bid-to-cover ratio was 3.93. Tenders at the high rate were allotted 13.85%. The median yield was 3.050%...

  • CDO PIPELINE - U.S. MARKET.  // Asset Securitization Report;8/23/2004, Vol. 4 Issue 34, p9 

    Presents data concerning the collateralized debt obligation (CDO) market in the U.S. as of August 23, 2004. Deal; Size; Collateral manager; Deal type; Assets; Banks Credit enhancement; Price talk.

  • High Yield Back En Vogue In CDOs. O'Connor, Colleen Marie // High Yield Report;10/4/2004, Vol. 15 Issue 38, p1 

    Discusses the innovations that become popular in the collateralized debt obligation market in 2004.

  • North Carolina to Issue $200M As Limited Obligation Bonds. DeSue, Tedra // Bond Buyer;8/13/2008, Vol. 365 Issue 32939, p28 

    The article reports that North Carolina is set to enter the market with its $200 million of capital improvement debt. The state issued the $200 million debt to be sold as limited obligation bonds, marking the first time the state is using such a structure. The Series 2008A bonds will be sold...

  • N.J. Building Agency Readies $221 M Refunding, New-Money Offering. Kaske, Michelle // Bond Buyer;11/5/2007, Vol. 362 Issue 32748, p3 

    The article reports that New Jersey Building Authority will completely sell $221 million of revenue debt on November 7, 2007 in a combined refunding and new-money offering. The deal is the state's first new-money general obligation deal in three years. Financial adviser on the deal will be...

  • Connecticut Gov. Rell Signs State's $2.8B GO Bond Package Into Law. Stark, Jonna // Bond Buyer;11/5/2007, Vol. 362 Issue 32748, p5 

    The article reports that Connecticut Governor M. Jodi Rell signed the state's $2.82 billion biennial fiscal 2008-09 general obligation bond package into law. The bond package includes about $1.3 billion for school construction, $90 million each year for the Clean Water Fund, and $850.5 million...

  • CDOS / RECENT PRICINGS U.S. MKT.  // Asset Securitization Report;9/20/2004, Vol. 4 Issue 36, p10 

    Presents a chart depicting the pricing of collateralized debt obligations in the U.S. market as of September 2004.

  • CDOS / RECENT PRICINGS U.S. MKT.  // Asset Securitization Report;3/28/2005, Vol. 5 Issue 12, p10 

    Presents a chart depicting pricing of the collateralized debt obligations in the market in the U.S.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics