Municipals Calendar: Texas to price $5.5 billion in TRANs

WEEK OF AUGUST 24

PERALTA COMMUNITY COLLEGE DISTRICT (CALIFORNIA): $100 million in general obligation utility bonds; negotiated; Stone & Youngberg LLC; proceeds to fund utility improvements throughout the district; pricing week of Aug. 24.

AUGUST 25

PENNSYLVANIA: $689.625 million of its second refunding series 2009 general obligation bonds; competitive; serial maturities 2010 to 2021; proceeds to refund bonds due 2000 to 2021; pricing Aug. 25.

TEXAS: $5.5 billion series 2009 tax and revenue anticipation notes (MIG1/SP-1+/F1+); competitive; RBC Capital Markets Corp. (financial adviser); notes due Aug. 31, 2010; proceeds to fund general capital expenses ahead of the collection of taxes and revenues; pricing Aug. 25.

TEXAS: $50 million series 2009B general obligation veterans housing assistance program fund bonds (Aa1/AA+/); negotiated; Goldman Sachs & Co.; proceeds to fund mortgage loans; pricing Aug. 25.

UPPER ST. CLAIR TOWNSHIP SCHOOL DISTRICT (PENNSYLVANIA): $60 million bonds (/AA+/); negotiated; Boenning & Scattergood Inc.; pricing Aug. 25.

• $50 million Build America Bonds

• $10 million tax-exempt bank qualified bonds

AUGUST 26

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/NORTH SHORE-LONG ISLAND JEWISH OBLIGATED GROUP: $244.395 million series 2009A revenue bonds (Baa1/A-/A-); negotiated; Citigroup Global Markets Inc. and Morgan Stanley & Co. Inc. (lead); J.P. Morgan Securities Inc., Merrill Lynch & Co. Inc., M.R. Beal & Co., RBC Capital Markets Corp., Rice Financial Products Co., Roosevelt & Cross Inc., TD Securities Inc. and Wachovia Bank, NA (co-managers); proceeds to construct new patient tower at Long Island Jewish Medical Center, as well as make improvements at the North Shore University Hospital; pricing Aug. 26.

INDIANAPOLIS LOCAL PUBLIC IMPROVEMENT BOND BANK: $163.46 million series 2009B-C bonds (Aa3/AA/AA-); negotiated; J.P. Morgan Securities Inc. (lead); M.R. Beal & Co. and Wells Fargo Securities Inc. (co-managers); 2009B bonds due 2014 to 2020; 2009C bonds due 2010 to 2014; proceeds to reimburse city for providing interim funding for debt and redeem the bond bank's series 2002A refunding bonds; pricing Aug. 26.

• $144.615 million series 2009B refunding bonds

• $18.845 million series 2009C taxable bonds

LAREDO, TEXAS: $77 million series 2009 waterworks and sewer system revenue certificates of obligation and tax and revenue certificates of obligation (A1/AA/AA); negotiated; Citigroup Global Markets Inc. (lead); tax, waterworks and sewer bonds due 2010 to 2024; tax and revenue bonds due 2010 to 2024; proceeds to fund capital projects; pricing Aug. 26.

• $52 million series 2009 tax, waterworks and sewer system revenue certificates of obligation

• $25 million series 2009 tax and revenue certificates of obligation

MIAMI-DADE COUNTY (FLORIDA): $183.785 million series 2009 capital asset acquisition special obligation bonds (A1/A+/); negotiated; Raymond James & Associates Inc. (lead); Estrada Hinojosa & Co. Inc., Rice Financial Products Co., Loop Capital Markets LLC, Siebert Brandford Shank & Co. LLC, Citigroup Global Markets Inc., Jackson Securities Inc., Morgan Keegan & Co. Inc., Morgan Stanley & Co. Inc., M.R. Beal & Co. Inc. and Ramirez & Co. Inc. (co-managers); proceeds to construct, acquire and develop capital projects in the county, as well as fund a debt service reserve fund; pricing Aug. 26.

UTAH STATE BUILDING OWNERSHIP AUTHORITY: $125 million series 2009 lease revenue bonds (Aa2/AA+/); negotiated; Barclays Capital Inc. (lead); proceeds to acquire real estate, as well as construct, acquire and improve existing facilities; pricing Aug. 26.

AUGUST 27

AUSTIN, TEXAS: $136.385 million series 2009 public improvement bonds and certificates (Aa1/AAA/AA+); negotiated; J.P. Morgan Securities Inc. and Estrada Hinojosa & Co. Inc. (lead); First Southwest Co., Goldman, Sachs & Co., Merrill Lynch & Co. Inc., Ramirez & Co. Inc. and RBC Capital Markets Inc. (co-managers); 2009A bonds due 2010 to 2019; 2009B bonds due 2029; 2009 certificates of obligation due 2010 to 2039; 2009 public property finance contractual obligations due 2010 to 2019; proceeds to purchase equipment and make capital improvements; pricing Aug. 27.

• $46.24 million series 2009A public improvement bonds

• $63.845 million series 2009B public improvement BABs

• $12.5 million series 2009 certificates of obligation

• $13.8 million series 2009 public property finance contractual obligations

M-S-R ENERGY AUTHORITY (CALIFORNIA): $1,015,855,000 series 2009 gas revenue bonds; negotiated; Citigroup Global Markets Inc. (lead); proceeds to finance prepayment of natural gas agreement; pricing Aug. 27.

• $199.965 million series 2009A

• $497.21 million series 2009B

• $318.68 million series 2009C

TENNESSEE HOUSING DEVELOPMENT AGENCY: $75 million series 2009-2 home owners program bonds (Aa1/AA+ expected/); negotiated; Merrill Lynch & Co.; serial maturities 2010 to 2021, term bonds due 2024, 2027, planned amortization class bond due 2030; proceeds for home loans; pricing Aug. 27.

WEEK OF AUGUST 31

MARYLAND DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT: $91.38 million in residential revenue bonds; negotiated; Merrill Lynch & Co. (lead); Goldman Sachs & Co., Loop Capital Markets LLC, J.P. Morgan Securities Inc., Morgan Stanley & Co. Inc., RBC Capital Markets Corp. (co-managers); proceeds to finance single-family home loans; pricing week of Aug. 31.

• $58.68 million series 2007J variable-rate term bonds mature on Sept. 1, 2031

• $32.7 million series 2009A bonds, serial maturities 2010 to 2019, term bonds due 2024, 2029, 2034, 2039

DAY TO DAY

CITY OF SAN ANTONIO: $215.94 million series 2009D electric and gas system revenue refunding bonds (Aa1/AA/AA+); negotiated; Morgan Stanley & Co. Inc. (lead); proceeds to fund electric and gas projects, as well as refund existing debt; pricing day to day.

ON THE HORIZON

KENTUCKY HOUSING CORP.: $50 million series 2009B housing revenue bonds; negotiated; Merrill Lynch & Co., Citigroup Global Markets Inc. (lead); J.J.B. Hilliard, W.L. Lyons Inc., Morgan Keegan & Co. Inc., Edward D. Jones & Co. LP, First Kentucky Securities Corp., Stifel, Nicolaus & Co. Inc., Ross, Sinclaire & Associates Inc. (co-managers); proceeds to refund outstanding debt.

• $9.46 million serial bonds due 2010 to 2019

• $40.54 million term bonds due 2024, 2026, 2029, 2035, 2039

MASSACHUSETTS: $325 million series 2009B general obligation bond anticipation notes; negotiated; Goldman, Sachs & Co. (lead); Banc of America Securities LLC, Citigroup Global Markets Inc., Morgan Stanley & Co. Inc., Merrill Lynch & Co., Edward D. Jones & Co., J.P. Morgan Securities Inc., Ramirez & Co., Siebert Brandford Shank & Co. and Stifel, Nicolaus & Co. (co-managers); notes due Sept. 30, 2009; proceeds for current expenses.

METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY: $225 million series 2009 sales tax revenue bonds (Aa3/AAA/); negotiated; Merrill Lynch & Co. Inc. (lead); proceeds for transit system improvements; pricing Aug. 3.

ORLANDO: $68.41 million series 2009 capital improvement special revenue bonds (Aa3/AA-/AA); negotiated; Merrill Lynch & Co. Inc. and Loop Capital Markets LLC. (lead); 2009A bonds due 2014 to 2022; 2009B bonds due 2017 to 2019; 2009C bonds due 2029 and 2039; proceeds to construct a new arena to replace the Amway Arena as home of the Orlando Magic basketball team and the construction of a new performing arts center in downtown Orlando.

• $11.185 million series 2009A revenue bonds

• $16.445 million series 2009B revenue bonds

• $40.78 million series 2009C Build America Bonds

PUBLIC EDUCATIONAL BUILDING AUTHORITY OF THE CITY OF MOBILE (ALABAMA): $94.31 million series 2009A limited obligation school bonds (/AAA/A-1+/); negotiated; Gardnyr Michael Capital Inc. (lead); bonds due 2012 to 2033; proceeds to retire series 2003 school warrants, as well as pay for a swap termination agreement.

UNIVERSITY MEDICAL CENTER OF ARIZONA: $60 million series 2009 hospital revenue bonds (Baa1/BBB+/); negotiated; Merrill Lynch & Co. Inc. (lead); bonds due 2013 to 2019 with term bonds due 2024, 2029 and 2039; proceeds reimburse medical center for acquiring, expanding, constructing and equipping Diamond Children's Medical Center.

UNIVERSITY OF HAWAII: $100 million series 2009A university revenue bonds (Aa3/A+/AA-); negotiated; Merrill Lynch & Co. Inc. (lead); bonds due 2009 to 2029 with term bonds due 2034 and 2038; proceeds to acquire and development faculty apartments, renovate student housing, make additions to university's biomedical science building and refinance debt.

UNIVERSITY SYSTEM OF NEW HAMPSHIRE/NEW HAMPSHIRE HEALTH AND EDUCATION FACILITIES AUTHORITY: $110 million series 2009A revenue bonds (A1/A+/); negotiated; Barclays Capital Inc. (lead); J.P. Morgan Securities Inc. and Morgan Stanley & Co. Inc. (co-managers); proceeds to finance university improvements and refinance the series 2006A and 2006B1 revenue bonds.

WEST VIRGINIA HOSPITAL FINANCE AUTHORITY: $178.21 million series 2009A hospital revenue refunding and improvement bonds (A2); negotiated; Merrill Lynch & Co. Inc. and BB&T Capital Markets Inc. (lead); proceeds to refund Charleston Medical Center's outstanding series 2002 bonds, as well as pay fees associated with a swap termination agreement.

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