Municipal Calendar: Philadelphia to sell $100 million of bonds

December 3

CITY OF PHILADELPHIA: $100 million of series 2013-2014A tax and revenue anticipation notes (MIG 1/SP-1+/); competitive; Public Financial Management, Inc. and Acacia Financial Group, Inc. (co-financial advisors); due June 30, 2014; proceeds to provide cash to supplement the receipts of the city in the general fund; pricing on Dec. 3.

CLARK COUNTY (NEVADA): $75 million of series 2013 general obligation flood control bonds (Aa1/AA/); competitive; Hobbs, Ong & Associates, Inc. and Public Financial Management, Inc. (financial advisors); serial maturities form 2016 through 2038; proceeds to fund the acquisition, construction, improvement and extension of flood control infrastructure projects; pricing on Dec. 3.

December 4

LOS ANGELES METROPOLITAN TRANSPORTATION AUTHORITY (CALIFORNIA): $452,265,000 series 2013 Proposition C sales tax revenue bonds (/AA+/AA); competitive; KNN Public Finance (financial adviser); proceeds to finance the construction and improvement of certain rail, bus and highway capital projects, as well as to refund the authority's series 2004A bonds; pricing Dec. 4.

• $318.18 million series 2013B bonds due 2014 to 2038

• $134,085,000 series 2013C bonds due 2014 to 2034

On the Horizon

AHS HOSPITAL CORP. (NEW JERSEY): $112 million series 2013 taxable bonds (A1/A+/); negotiated; Goldman, Sachs & Co. (lead); proceeds for general corporate purposes.

ALASKA HOUSING FINANCE CORP.: $96,005,000 series 2014A state capital project bonds II; negotiated; J.P. Morgan Stanley & Co. LLC (lead); BofA Merrill Lynch, KeyBanc Capital Markets Inc. and Raymond James/Morgan Keegan (co-managers); bonds due 2016 to 2033; proceeds to refund existing corporation obligations.

ALLEGHENY COUNTY (PENNSYLVANIA): $186 million series 2013 general obligation bonds (A1/A+/); negotiated; PNC Capital Markets LLC (lead); Drexel Hamilton LLC, The Huntington Investment Co., Janney Montgomery Scott LLC, RBC Capital Markets LLC and Rice Financial Products Co. (co-managers); proceeds to refund the county's series C-57 notes.

• $135 million series C-71A taxable G.O. refunding bonds due 2013 to 2021

• $16 million series C-71B G.O. refunding bonds due 2021 to 2023

• $35 million series C-72 bonds due 2014 to 2027

ARIZONA SCHOOL FACILITY BOARD: $80,195,000 of series 2013 refunding certificates of participation (A1/A+/); negotiated; BofA Merrill Lynch (lead); Citigroup Global Markets Inc. and Wells Fargo Securities LLC (co-managers); proceeds to provide funds to refund and redeem outstanding COPs.

• $30,120,000 of series 2013A-1 bonds due 2014 through 2019

• $50,075,000 of series 2013A-2 bonds due 2015 through 2017

ATLANTA DEVELOPMENT AUTHORITY/GEORGIA TECH: $116,095,000 series 2013 TUFF-GATV revenue bonds (A2/A/); negotiated; BofA Merrill Lynch and SunTrust Robinson Humphrey (lead); proceeds to refund the authority's series 2002A-B and 2005A-B revenue bonds.

• $45,645,000 series 2013A-1 revenue bonds due 2020 to 2033 with term bonds due 2038 and 2043

• $5.62 million series 2013A-2 taxable revenue bonds due 2014 to 2020

• $5.35 million series 2013B-1 revenue bonds due 2025 to 2028

• $56,415,000 series 2013B-2 taxable revenue bonds due 2014 to 2033 with term bonds due 2028, 2033 and 2043

• $3,065,000 series 2013C revenue bonds due 2014 to 2027

BRIDGEPORT (CONNECTICUT): $71.5 million series 2013B general obligation tax anticipation notes (/SP-1+/); negotiated; Raymond James/Morgan Keegan (lead); notes due Feb. 18, 2014; proceeds to pay expenses for the city due to cash flow needs.

BRISTOL TOWNSHIP SCHOOL DISTRICT (PENNSYLVANIA): $122.94 million series 2013 general obligation bonds (A1); negotiated; Boenning & Scattergood (lead); proceeds to finance capital improvements to the district's infrastructure.

CATHOLIC HEALTH SERVICES OF LONG ISLAND (NEW YORK): $290 million series 2013 taxable bonds (Baa1/BBB+/BBB+); negotiated; Morgan Stanley & Co. LLC and Goldman, Sachs & Co. (lead); proceeds to finance corporate needs for Catholic Health Services.

COLLIER COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (FLORIDA)/ARLINGTON OF NAPLES: $189.84 million series 2013 continuing care community revenue bonds; negotiated; Ziegler Capital Inc. (sole); proceeds to finance capital improvements at the Arlington of Naples continuing care facility, as well as to refund the authority's series 2011 notes issued for the project.

• $127.84 million series 2013A bonds

• $12 million series 2013B-1 mandatory paydown securities

• $50 million series 2013B-2 mandatory paydown securities

COLORADO HEALTH FACILITIES AUTHORITY/AMERICAN BAPTIST HOMES OF THE MIDWEST: $57.61 million series 2013 health care facilities revenue bonds; negotiated; H.J. Sims & Co. (lead); bonds due 2024, 2033 and 2043; proceeds to finance capital improvements for the American Baptist Homes of the Midwest.

COLORADO HEALTH FACILITIES AUTHORITY/COLORADO WEST HEALTHCARE SYSTEM: $76.19 million series 2013 hospital revenue bonds; negotiated; Cain Brothers (lead); bonds due 2033, 2043 and 2048; proceeds to finance the construction and equipment of a new hospital, as well as to reimburse the health care system for capital improvements and land acquisitions.

DEKALB COUNTY (GEORGIA): $141.71 million series 2013 water and sewerage second resolution revenue refunding bonds (Aa3); negotiated; Citigroup Global Markets Inc. and Piper Jaffray & Co. (lead); Raymond James/Morgan Keegan and Edward D. Jones & Co. LP (co-managers); bonds due 2014 to 2032 with term bond due in 2035; proceeds to refund the county's series 2003A-B water and sewerage revenue bonds.

DISTRICT OF COLUMBIA/NATIONAL LAW ENFORCEMENT MUSEUM: $99.43 million series 2013 revenue bonds; negotiated; H.J. Sims & Co. (lead); proceeds to reimburse the city for the costs associated with constructing, equipping and furnishing the National Law Enforcement Museum at 444 E Street in Washington, D.C.

• $77.98 million series 2013A bonds due 2023, 2033 and 2048

• $21.45 million series 2013B bonds due 2048

DORMITORY AUTHORITY OF THE STATE OF NEW YORK: $370 million series 2013A taxable employer assessment revenue bonds (Aaa/AAA/AAA); negotiated; Siebert Brandford Shank & Co. LLC and Goldman, Sachs & Co. (lead); Barclays, Jefferies & Co., M.R. Beal & Co., Morgan Stanley & Co. LLC, Ramirez & Co. Inc., Raymond James/Morgan Keegan, Rice Financial Products Co. and Wells Fargo Securities LLC (co-managers); proceeds to acquire associated life premiums associated with unmet obligations for self-insured state employees.

FOOTHILLS/EASTERN TRANSPORTATION CORRIDOR (CALIFORNIA): $2,259,586,376.20 series 2013 toll road revenue refunding bonds (Ba1/BBB-/BBB-); negotiated; Barclays and Goldman, Sachs & Co. (joint bookrunners); Citigroup Global Markets Inc., Wells Fargo Securities LLC, BofA Merrill Lynch, Jefferies & Co., Cabrera Capital Markets LLC, Morgan Stanley & Co. LLC, De La Rosa & Co. and Piper Jaffray & Co. (co-managers); proceeds to refund the agency's series 1999 revenue bonds.

• $1,345,075,000 series 2013A current interest bonds

• $173,797,848.45 series 2013A convertible capital appreciation bonds

• $155,318,527.75 series 2013A capital appreciation bonds

• $125 million series 2013B-1 current interest bonds

• $125 million series 2013B-2 current interest bonds

• $125 million series 2013B-3 current interest bonds

• $201,395,000 series 2013C junior lien current interest bonds

FORT WORTH (TEXAS): $99.2 million series 2013 bonds and certificates of obligation; negotiated; Citigroup Global Markets Inc. (lead); Barclays, BOSC Inc., Stephens Inc. and M.R. Beal & Co. (co-managers); proceeds to finance storm sewer system and street improvements, as well as improvements to park facilities and to refund existing debt.

• $35,755,000 series 2013 general purpose refunding and improvement bonds due 2014 to 2033

• $63,445,000 series 2013 combination tax and revenue certificates of obligation due 2014 to 2034

IDAHO HEALTH FACILITIES AUTHORITY/TERRACES OF BOISE: $101,925,000 series 2013 revenue bonds; negotiated; Ziegler Capital Markets (lead); proceeds to finance or refinance the construction, acquisition and equipment of residential living apartments at the Terraces of Boise facility, as well as to refinance debt incurred during the project's completion.

• $79,425,000 series 2013A revenue bonds due 2049

• $5 million series 2013B-1 tax-exempt mandatory paydown securities due 2022

• $7.75 million series 2013B-2 tax-exempt mandatory paydown securities due 2021

• $8.5 million series 2013B-3 tax-exempt mandatory paydown securities due 2020

• $1.25 million series 2013C taxable mandatory paydown securities due 2019

INDIANA BOND BANK: $84,595,000 series 2013C taxable school severance funding refunding bonds (/AA+/); negotiated; City Securities Corp. and Raymond James/Morgan Keegan (lead); bonds due 2014 to 2026; proceeds to refund the bond bank's series 8A-B and series 9 school severance funding bonds.

IOWA FINANCE AUTHORITY/UNITYPOINT HEALTH: $71,795,000 series 2013C health facilities revenue bonds (Aa3/AA-/); negotiated; Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC (lead); proceeds to refund the authority's series 2005A revenue bonds.

KERN COMMUNITY COLLEGE DISTRICT (CALIFORNIA): $98,985,000 series 2013 general obligation bonds (Aa2); negotiated; Piper Jaffray & Co. (lead); proceeds to finance capital projects for the district, as well as to refund existing G.O. debt.

• $54,805,000 series 2013C G.O. bonds

• $10,375,000 series 2013 G.O. refunding bonds

• $33,805,000 series 2013 taxable G.O. refunding bonds

LIVONIA PUBLIC SCHOOLS SCHOOL DISTRICT (MICHIGAN): $66 million series 2014 unlimited tax general obligation refunding bonds; negotiated; J.P. Morgan Securities LLC (lead); Stifel, Nicolaus & Co. Inc. and Fifth Third Securities Inc. (co-managers); bonds due 2015 to 2025; proceeds to refund the district's series 2004A-B unlimited tax G.O. bonds.

LOUISIANA STATE BOND COMMISSION/BIONITROGEN LOUISIANA HOLDINGS LLC: $1.25 billion tax-exempt bonds; proceeds to construct five plants in Point Coupee Parish, La., to convert biomass into urea fertilizer.

METROPOLITAN SEWER DISTRICT OF GREATER CINCINNATI (OHIO): $430,505,000 series 2013 sewer system improvement and refunding revenue bonds (Aa2/AA+/); negotiated; Citigroup Global Markets Inc. (lead); proceeds to make capital improvements to the system, as well as to refund existing debt.

• $294.51 million series 2013A revenue bonds

• $135,995,000 series 2013B taxable refunding bonds

METROPOLITAN WATER DISTRICT OF SOUTHERN CALIFORNIA: $145.49 million series 2013 water revenue refunding bonds (Aa1/AAA/AA+); negotiated; Goldman, Sachs & Co. (lead for 2013A, 2013C); De La Rosa & Co. Inc., J.P. Morgan Securities LLC, Loop Capital Markets LLC and US Bancorp Inc. (co-managers for 2013A, 2013C); J.P. Morgan Securities LLC and Loop Capital Markets LLC (lead for 2013B); proceeds to refund existing water revenue bonds.

• $90.46 million series 2013A bonds due 2013 and 2018 to 2021

• $18.7 million series 2013B taxable bonds due 2018

• $13,505,000 series 2013C-1 bonds due 2027

• $14.02 million series 2013C-2 bonds due 2025

• $8,805,000 series 2013C-3 bonds due 2023

MISSOURI HEALTH AND EDUCATIONAL FACILITIES AUTHORITY/BJC HEALTH SYSTEM: $255 million series 2013C health facilities revenue bonds (Aa2/AA/); negotiated; RBC Capital Markets LLC (lead); BMO Capital Markets LLC, BNY Mellon Capital Markets LLC, Edward D. Jones & Co. LP, Mitsubishi UFJ Securities and US Bancorp Investments Corp. (co-managers); bonds due 2017 to 2028 with term bonds due 2033 and 2039; proceeds to finance or reimburse the health system for costs related to the construction, acquisition, equipment and installation of improvements and additions to BJC Health System facilities.

MOON INDUSTRIAL DEVELOPMENT AUTHORITY (PENNSYLVANIA)/BAPTIST HOMES SOCIETY: $143.49 million series 2013 revenue bonds; negotiated; H.J. Sims & Co. (lead); bonds due 2023, 2033 and 2048; proceeds to refund the authority's series 2007 variable-rate Baptist Homes Society revenue bonds.

NEW YORK CITY HOUSING DEVELOPMENT CORP.: $72 million series 2013A multifamily housing revenue bonds (Aa2); negotiated; BofA Merrill Lynch (lead); proceeds to finance the acquisition of multifamily housing units within the city.

NORFOLK (VIRGINIA): $229,575,000 series 2013 general obligation bonds (Aa2/AA+/AA+); negotiated; BofA Merrill Lynch (lead); Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Raymond James/Morgan Keegan, Siebert Brandford Shank & Co. LLC and Wells Fargo Securities LLC (co-managers); proceeds to finance projects from the city's capital improvement plan and to refund the city's series 2008C G.O. capital improvement bonds, its series 2011A-B G.O. bond anticipation notes, its series 1999 parking system revenue bonds, its 2000B parking system revenue bonds, its series 2004 parking system revenue and refunding bonds, its series 2005A parking system revenue refunding bonds and its series 2012 taxable parking system revenue bonds.

• $145.37 million series 2013A tax-exempt G.O. capital improvement and refunding bonds due 2014 to 2034 with term bonds due 2038 and 2043

• $81,735,000 series 2013B taxable G.O. capital improvement and refunding bonds due 2014 to 2027 with term bonds due 2030 and 2037

• $2.47 million series 2013C taxable G.O. qualified energy conservation bonds due Aug. 1, 2032

ORANGE COUNTY SCHOOL BOARD (FLORIDA): $85.16 million series 2013A certificates of participation (Aa2//AA); negotiated; J.P. Morgan Securities LLC (lead); BofA Merrill Lynch, Citigroup Global Markets Inc., Jefferies & Co., Loop Capital Markets LLC, Raymond James/Morgan Keegan and Wells Fargo Securities LLC (co-managers); certificates due 2015 to 2029; proceeds to refund the board's series 2004A COPs.

PENNSYLVANIA HIGHER EDUCATIONAL FACILITIES AUTHORITY/WIDENER UNIVERSITY: $52.52 million series 2013A revenue bonds (/BBB+/A-); negotiated; BofA Merrill Lynch (sole); bonds due 2014 to 2028 with term bonds due 2033 and 2038; proceeds to current refund the authority's series 2003 revenue bonds issued for the university and to advance refund its series 2005 revenue bonds.

PENNSYLVANIA HOUSING FINANCE AGENCY: $129.07 million series 2013-116 AMT single-family mortgage revenue bonds; negotiated; RBC Capital Markets LLC and BofA Merrill Lynch (lead); Barclays, George K. Baum & Co., Drexel Hamilton LLC, Janney Montgomery Scott LLC, J.P. Morgan Securities LLC, Loop Capital Markets LLC, Morgan Stanley & Co. LLC, PNC Capital Markets LLC, Quoin Capital LLC and Wells Fargo Securities LLC (co-managers); bonds due 2013 to 2024 with term bonds due in 2028, 2033, 2038, 2040 and 2043; proceeds to finance single-family mortgage loans to qualified Pennsylvania residents.

POLK COUNTY (FLORIDA): $52.32 million of series 2013 utility system revenue and refunding bonds (Aa3/A+/AA-); negotiated; Raymond James/Morgan Keegan (lead); BofA Merrill Lynch, Citigroup Global Markets Inc. and Fifth Third Securities, Inc. (co-managers); serial maturities from 2015 through 2029 and terms due 2038 and 2043; proceeds to finance the acquisition and construction of additions, extensions and improvements to the water distribution and wastewater collection and treatment system and to refund all or a portion of the outstanding series 2004A bonds that mature on and after Oct. 1, 2015.

PORT OF SEATTLE (WASHINGTON): $139.03 million series 2013 AMT intermediate lien revenue refunding bonds; negotiated; BofA Merrill Lynch (lead); Barclays, Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC, Backstrom McCarley Berry & Co. LLC and Drexel Hamilton LLC (co-managers); bonds due 2014 to 2029; proceeds to refund the port's series 2003B revenue bonds.

PUBLIC FINANCE AUTHORITY (WISCONSIN): $51 million series 2013A Linda Paseo student housing senior revenue bonds; negotiated; Guggenheim Securities LLC (lead); proceeds to finance the construction of student housing connected to the Village Linda Paseo project.

RHODE ISLAND HEALTH AND EDUCATIONAL BUILDING CORP./ROGER WILLIAMS UNIVERSITY: $54.79 million series 2013 higher education facility revenue refunding bonds; negotiated; BofA Merrill Lynch (lead); Janney Montgomery Scott LLC, RBC Capital Markets LLC and US Bancorp Investment Co. (co-managers); bonds due 2014 to 2038; proceeds to refund the university's series 2003 and 2008B revenue bonds.

RHODE ISLAND HOUSING AND MORTGAGE FINANCE CORP.: $84,195,000 series 64-T taxable homeownership opportunity bonds; negotiated; J.P. Morgan Securities LLC, BofA Merrill Lynch and Morgan Stanley & Co. LLC (lead); Janney Montgomery Scott LLC, M.R. Beal & Co., Oppenheimer & Co. Inc., RBC Capital Markets LLC and Roosevelt & Cross Inc. (co-managers); bonds due 2014 to 2023 with term bonds due in 2028 and 2034; proceeds to refund existing debt.

SAGINAW COUNTY (MICHIGAN): $60.55 million series 2013 general obligation limited tax pension obligation bonds (Aa3); negotiated; Fifth Third Securities Inc. (lead); BofA Merrill Lynch and Stifel, Nicolaus & Co. Inc. (co-managers); bonds due 2014 to 2028 with term bond due in 2033; proceeds to fund unfunded pension liabilities for state employees.

ST. LOUIS INDEPENDENT DEVELOPMENT AUTHORITY (MISSOURI): $58 million series 2013 senior living facilities revenue bonds (//A-); negotiated; Cain Brothers Inc. (lead); proceeds to finance or reimburse the corporation for capital improvements to the Friendship Village Sunset Hills retirement community, including the demolition of 12 cottages.

TANGIPAHOA PARISH HOSPITAL SERVICE DISTRICT NO. 1/NORTH OAKS HEALTH SYSTEM (LOUISIANA): $66,245,000 series 2013 hospital revenue bonds (/BBB/); negotiated; Raymond James/Morgan Keegan (lead); proceeds to finance hospital improvements for North Oaks, as well as the refund the district's series 2003A revenue bonds.

• $55,445,000 series 2013A refunding bonds due 2014 to 2028

• $10.8 million series 2013B revenue bonds due 2031 and 2034

TOBACCO SETTLEMENT FINANCING CORP.: $1,230,620,000 of series 2013 asset-backed revenue bonds; negotiated: Citigroup Global Markets Inc., Barclays and Ramirez & Co., Inc. (lead); Academy Securities, Inc.; BofA Merrill Lynch; BNY Mellon Capital Markets, LLC; Drexel Hamilton, LLC; Goldman, Sachs & Co.; Jefferies & Co.; J.P. Morgan Securities LLC; Lebenthal & Co., LLC; Loop Capital Markets LLC; Morgan Stanley & Co. LLC; Raymond James/Morgan Keegan; RBC Capital Markets LLC; Rice Financial Products Co.; Roosevelt & Cross, Inc.; Siebert Brandford Shank & Co., LLC and Wells Fargo Securities LLC (co-managers); proceeds to refund all of the corporation's series 2003A-1C and series 2003B-1C asset-backed revenue bonds; subsidiary of the State of New York Municipal Bond Bank Agency.

• $662,545,000 of series 2013A bonds due 2018 through 2022

• $568,075,000 of series 2013B bonds due 2019 through 2022

TOWN OF PALM BEACH (FLORIDA): $54,435,000 of series 2013B public improvement revenue bonds (Aa1/AA+/); negotiated; Citigroup Global Markets Inc.; serial maturities from 2015 through 2034 and terms due 2039 and 2043; proceeds to finance all or a portion of the costs to acquire, construct, renovate and equip components of the town's capital improvement plan, which include drainage, sanitary sewer, water system, sidewalks, sea wall replacements and other capital improvements.

UNIVERSITY OF MASSACHUSETTS BUILDING AUTHORITY: $250 million series 2013 refunding revenue bonds; negotiated; Jefferies & Co. (sole underwriter for 2013-3); Wells Fargo Securities LLC (lead for 2013-4); Ramirez & Co. Inc. (lead for 2013-5); proceeds to refund existing revenue debt.

• $80 million series 2013-4 taxable revenue refunding bonds

• $170 million series 2013-5 taxable refunding revenue bonds

UNIVERSITY OF UTAH: $320 million series 2013A general revenue and refunding bonds (Aa1/AA/); negotiated; Goldman, Sachs & Co. and Barclays (lead); BofA Merrill Lynch and J.P. Morgan Securities LLC (co-managers); proceeds to construct and acquire university capital projects, as well as to refund existing debt.

UTILITY DEBT SECURITIZATION AUTHORITY (STATE OF NEW YORK): $2,085,000,000 of restructuring bonds; negotiated; Goldman Sachs & Co. and Morgan Stanley & Co. LLC (lead); BofA Merrill Lynch, Barclays, Wells Fargo Securities LLC, BMO Capital Markets Corp., Citigroup Global Markets Inc., Jefferies & Co., M.R. Beal & Co., Ramirez & Co., Inc., RBC Capital Markets, LLC, Siebert Brandford Shank & Co., LLC and TD Securities (USA) LLC (co-managers); proceeds to retire outstanding debt; settles on Dec. 17.

• $485 million of series 2013T federally taxable restructuring bonds

• $1.6 billion of series 2013TE federally tax-exempt restructuring bonds

VIRGINIA PUBLIC SCHOOL AUTHORITY/PRINCE WILLIAM COUNTY: $62.43 million series 2013 special obligation school facility bonds (Aaa/AAA/AAA); competitive; Public Financial Management Inc. (financial adviser); bonds due 2014 to 2033; proceeds to finance school capital expenditures in Prince William County.

WASHINGTON STATE HOUSING FINANCE COMMISSION: $107,295,000 series 2013 nonprofit housing revenue bonds; negotiated; Ziegler Capital Inc. (lead); proceeds to construct residential housing units at Rockwood South Hill in Seattle, as well as to refund variable-rate debt.

• $82,495,000 series 2013A revenue and refunding bonds due Jan. 1, 2049

• $4.65 million series 2013B-1 tax-exempt mandatory paydown securities due Jan. 1, 2021

• $4.65 million series 2013B-2 tax-exempt mandatory paydown securities due Jan. 1, 2020

• $15.5 million series 2013B-3 tax-exempt mandatory paydown securities due Jan. 1, 2020

WILLIAMSTOWN (KENTUCKY)/CROSSWATER CANYON INC.: $62 million series 2013 taxable industrial building revenue bonds; negotiated; Ross, Sinclaire & Associates LLC (lead); bonds due 2020, 2022, 2024 and 2028; proceeds to finance a loan to the corporation and Ark Encounter LLC to construct, acquire, equip and install the initial phase of a biblically themed education and entertainment theme park, including a replica of Noah's Ark, in the city.

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