Municipals Calendar: New York City Municipal Water Finance to sell $360 million

WEEK OF MARCH 15

TULSA COUNTY INDUSTRIAL AUTHORITY/MONTREAU INC.: $114.52 million series 2010 senior living facilities revenue bonds; negotiated; Ziegler Capital Markets Inc. (lead); Herbert J. Sims & Co. Inc. and Wells Nelson & Associates (co-managers); proceeds to fund the construction of a senior living facility and refund existing VRDBs; pricing week of March 15.

MARCH 16

DISTRICT OF COLUMBIA/NATIONAL PUBLIC RADIO: $160 million series 2010 revenue bonds (Aa3/AA-/); negotiated; Morgan Stanley & Co. Inc. (lead); Loop Capital Markets LLC and J.P. Morgan Securities Inc. (co-managers); proceeds to fund a loan to NPR to renovate, construct, equip and upgrade NPR's facilities in Washington, D.C.; pricing March 16.

NEW YORK CITY MUNICIPAL WATER FINANCE AUTHORITY: $360 million series 2010FF water and sewer system second general resolution revenue bonds (Aa3/AA+/AA); negotiated; M.R. Beal & Co. (lead); Barclays Capital Inc.; Jefferies & Co.; Morgan Keegan & Co. Inc.; Ramirez & Co. Inc.; Bank of America Merrill Lynch; Citigroup Global Markets Inc.; Fidelity Capital Markets Inc.; Goldman, Sachs & Co.; J.P. Morgan Securities Inc.; Loop Capital Markets LLC; Morgan Stanley & Co. Inc.; Raymond James & Associates Inc.; RBC Capital Markets Corp.; Rice Financial Products Co.; Roosevelt & Cross Inc.; Siebert Brandford Shank & Co.LLC; Wachovia Bank, N.A.; BB&T Capital Markets Inc.; Lebenthal & Co. LLC; Oppenheimer & Co. Inc.; Piper Jaffray & Co.; Stifel, Nicolaus & Co.; and Stone & Youngberg (co-managers); proceeds to redeem existing first or second resolution bonds; pricing March 16.

ORLANDO-ORANGE COUNTY EXPRESSWAY AUTHORITY (FLORIDA): $350 million series 2010A revenue bonds (A1/A/A); negotiated; J.P. Morgan Securities Inc. (lead); Bank of America Merrill Lynch; Citigroup Global Markets Inc.; Loop Capital Markets LLC; Raymond James & Associates Inc.; Barclays Capital Inc.; Goldman, Sachs & Co.; Morgan Stanley & Co. Inc.; RBC Capital Markets Corp.; and Wells Fargo Securities Inc. (co-managers); proceeds to fund construction projects in the authority's five-year plan; pricing March 16.

VIRGIN ISLANDS WATER AND POWER AUTHORITY: $78.18 million series 2010 electric system revenue bonds (Baa2/BBB-/BBB); negotiated; Rice Financial Products Co. and Citigroup Global Markets Inc. (lead); proceeds to refund series 1998 bonds and fund capital expenditures previously funded by draws on a temporary line of credit; pricing March 16.

• $39.985 million series 2010A tax-exempt refunding bonds

• $9.185 million series 2010B tax-exempt revenue bonds

• $29.01 million series 2010C Build America Bonds

MARCH 17

MARCO ISLAND (FLORIDA): $59.375 million series 2010 utility system revenue and revenue refunding bonds (A2/A/A-); negotiated; Bank of America Merrill Lynch and RBC Capital Markets Inc. (lead); proceeds to refund existing utility system debt and fund capital improvements to the city's utility system; pricing March 17.

• $51.995 million series 2010A tax-exempt utility system improvement and refunding revenue bonds

• $7.38 million series 2010B taxable utility system improvement refunding revenue bonds

METROPOLITAN TRANSPORTATION AUTHORITY (NEW YORK): $500 million series 2010 dedicated tax fund bonds; negotiated; J.P. Morgan Securities Inc. and Ramirez & Co. Inc. (lead); Barclays Capital Inc., Citigroup Global Markets Inc., Bank of America Merrill Lynch, Jefferies & Co., Loop Capital Markets LLC, Morgan Stanley & Co. Inc., M.R. Beal & Co., Raymond James & Associates Inc., RBC Capital Markets Corp., Roosevelt & Cross Inc., Siebert Brandford Shank & Co. LLC and Wachovia Bank, NA (co-managers); proceeds to fund commuter projects; pricing March 17.

MARCH 18

MASSACHUSETTS HEALTH AND EDUCATIONAL FACILITIES AUTHORITY/NORTHEASTERN UNIVERSITY: $325.435 million series 2010 revenue bonds (A2); negotiated; Barclays Capital Inc. (lead); J.P. Morgan Securities Inc., Morgan Stanley & Co. Inc. and Piper Jaffray & Co. (co-managers); 2010A bonds due 2010 to 2030 with term bond due 2035; 2010B bonds due 2015, 2020, 2030 and 2035; proceeds to refund existing bonds and terminate a swap agreement connected to refunded bonds; pricing March 18.

• $251.425 million series 2010A

• $74.01 million series 2010B Build America Bonds

ON THE HORIZON

BOARD OF REGENTS OF THE UNIVERSITY OF TEXAS SYSTEM: $373.27 million series 2010B revenue finance system refunding bonds (Aaa/AAA/AAA); negotiated; RBC Capital Markets Inc. and Piper Jaffray & Co. (lead); Bank of America Merrill Lynch, J.P. Morgan Securities Inc., Loop Capital Markets LLC, Ramirez & Co. and Raymond James & Associates Inc. (co-managers); proceeds to refund debt.

BURBANK (CALIFORNIA): $96.65 million series 2010 water and power electric revenue and revenue refunding bonds (A1/AA-/); negotiated; Morgan Stanley & Co. Inc. (lead); Citigroup Global Markets Inc. and Barclays Capital Inc. (co-managers); proceeds to fund improvements to the city's water and power system, as well as to refund existing debt.

• $44.38 million series 2010A refunding bonds

• $52.27 million series 2010B Build America Bonds

CHICAGO TRANSIT AUTHORITY: $550 million series 2010 sales tax receipts revenue bonds (A1/AA/); negotiated; Goldman, Sachs & Co. and Cabrera Capital Markets LLC (lead); Blaylock Robert Van LLC, BMO Capital Markets LLC, Duncan-Williams LLC, Jefferies & Co., J.P. Morgan Securities Inc., Loop Capital Markets LLC, Melvin Securities LLC, Morgan Stanley & Co. Inc. and Wachovia Bank NA (co-managers); proceeds to finance or reimburse the authority for costs related to transit improvement and expansion projects.

CHILDREN'S HOSPITAL AND CLINICS OF MINNESOTA/CITY OF MINNESOTA/HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF SAINT PAUL: $50 million series 2010A health care facilities revenue bonds (Aa3/AAA/); negotiated; Piper Jaffray & Co. (lead); bonds due 2011 to 2022 with term bonds due 2025, 2030 and 2035; proceeds to reimburse Children's Hospital and Clinics for costs related to expanding and improving existing facilities.

CITIZENS PROPERTY INSURANCE CORP.: $2 billion high-risk account senior secured bonds (A2/A+/); negotiated; J.P. Morgan Securities Inc. (lead for A-1 and A-2 bonds); Goldman, Sachs & Co. (lead for A-3 and A-4 bonds); Bank of America Merrill Lynch, Citigroup Global Markets Inc., Morgan Stanley & Co. Inc., First Southwest Co., Jefferies & Co., Loop Capital Markets LLC, Ramirez & Co. Inc., RBC Capital Markets Inc., Siebert Brandford Shank & Co. LLC and Wells Fargo Securities Inc. (co-managers); proceeds to reimburse corporation's proceeds accounts for amounts disbursed to pay claims

INDUSTRIAL DEVELOPMENT AUTHORITY OF ARLINGTON COUNTY (VIRGINIA)/VIRGINIA HOSPITAL CENTER ARLINGTON: $145 million series 2010 fixed-rate hospital revenue refunding bonds (A2/A+/); negotiated; Bank of America Merrill Lynch and Morgan Stanley & Co. Inc. (lead); BB&T Capital Markets and Wells Fargo Securities Inc. (co-managers); bonds due 2010 to 2020 with 2025 and 2031; proceeds to fund a loan to refund hospital's series 2005 bonds.

MISSISSIPPI DEVELOPMENT BANK: $161.58 million series 2010 special obligation bonds (A1/AA-/); negotiated; Morgan Stanley & Co. Inc. and Bank of America Merrill Lynch (lead); 2010A bonds due 2011 to 2014; 2010B bonds due 2030, 2035 and 2040; proceeds to construct highways throughout DeSoto County, Miss.

• $25.85 million series 2010A special obligation bonds for DeSoto County Highway Construction Project

• $135.73 million series 2010B special obligation Build America Bonds for the DeSoto County Highway Construction Project

OKLAHOMA COUNTY FINANCE AUTHORITY (OKLAHOMA): $50.655 million series 2010 educational facilities lease revenue bonds; negotiated; D.A. Davidson & Co. Inc. (lead); bonds due 2011 to 2014; proceeds to fund improvements to Putnam City Public Schools.

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