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$304,770,000 FINAL ISSUANCE AMOUNT CLOSED 12/18/2014PAB CONDUIT November 21, 2014×365,000,000 Advocate Health Care NetworkREQUESTPurpose: Bond proceeds will be used by Advocate Health and Hospitals
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PAB conduit refers to Private Activity Bonds conduit, which are tax-exempt bonds issued by a state or local government on behalf of a private user.
Private users who benefit from the issuance of PAB conduit bonds are required to file the conduit.
To fill out PAB conduit, private users must provide detailed information about the project being financed and their involvement.
The purpose of PAB conduit is to provide a way for private users to access tax-exempt financing for projects that benefit the public.
Information such as project details, financial information, and the usage of the bond proceeds must be reported on PAB conduit.
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