Chicago, IL -- The State of Illinois has successfully sold General Obligation Bonds for the "Illinois Jobs Now!" capital program. The sale included 525-million dollars worth of tax exempt General Obligation Bonds with an interest rate of about three-point-nine-percent. That's the lowest rate the state has received on a tax-exempt capital bond issuance in recent history. An additional 275-million dollars of taxable General Obligation Bonds had an interest rate of five-point-two-nine-percent. The bond sale provides funding to help revive Illinois' ailing economy by creating and retaining more than 439-thousand jobs. Now that the deal is complete, the state can continue work on several important construction projects across Illinois. - http://goo.gl/sMmfB
