CHICAGO — Illinois-based Advocate Health Care Network enters the market Thursday to raise nearly $100 million of new money for projects at three of its Chicago area hospitals.

The state's largest not-for-profit system is issuing the fixed-rate bonds through the Illinois Finance Authority which earlier this month authorized up to $300 million in new money and refunding. The extra borrowing space was sought to accommodate a plan to tender a piece of a newly acquired hospital's outstanding bonds.

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