CHICAGO — The Illinois Finance Authority last week advanced financings on behalf of Loyola University of Chicago and Lake Forest College to help fund upgrades to residential and other student facilities considered key to the schools’ appeal.

Loyola sold about $150 million of taxable bonds last week and will enter the market on Wednesday with about $100 million of new-money and refunding tax-exempt debt. The IFA is serving as issuer for the tax-exempt bonds.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.