Municipal Calendar: Gaston County arranges $68.2 million deal

Week of March 25

March 26

COLLIER COUNTY (FLORIDA): $66.17 million series 2013 special obligation refunding revenue bonds (Aa2//AA); competitive; Public Financial Management Inc. (financial adviser); bonds due 2025 to 2035; proceeds to advance refund the county's series 2003 and 2005 capital improvement and refunding bonds; pricing March 26.

GASTON COUNTY (NORTH CAROLINA): $68,195,000 series 2013 general obligation bonds; competitive; Davenport & Co. LLC (financial adviser); bonds due 2014 to 2028; proceeds to refund the county's series 2004 G.O. school bonds, series 2006 G.O. public improvement bonds and series 2007 community college G.O. bonds; pricing March 26.

Week of April 1

April 2

ILLINOIS: $800 million series of April 2013 general obligation bonds; competitive; Public Resources Advisory Group (financial adviser); proceeds to finance capital projects within the state; pricing April 2.

• $450 million series of April 2013A bonds due 2014 to 2038

• $350 million series of April 2013B bonds due 2014 to 2038

On the Horizon

ALASKA STUDENT LOAN CORP.: $144.73 million series 2013A taxable education loan-backed notes (/AAAsf/AA+(sf)); negotiated; RBC Capital Markets LLC (lead); notes due Aug. 25, 2031; proceeds to finance student loans.

CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK/J. PAUL GETTY TRUST: $162,955,000 series 2013A variable-rate Sifma index refunding revenue bonds (Aaa/AAA/); negotiated; Wells Fargo Securities LLC (lead for 2013A-1); Barclays (lead for 2013A-2); bonds due Oct. 1, 2047; proceeds to refund the trust's series 2007A-1 to 2007A-4 variable-rate bonds.

• $81.49 million series 2013A-1 bonds

• $81,465,000 series 2013A-2 bonds

COOK COUNTY (ILLINOIS): $90 million county road and highway improvement sales tax revenue bonds (//AAA); negotiated; Wells Fargo Securities LLC (lead); proceeds to finance road, bridge and highway infrastructure projects as part of the county's 2012 -2014 highway transportation plan.

DISTRICT OF COLUMBIA/NATIONAL PUBLIC RADIO: $85.99 million series 2013 refunding revenue bonds (Aa3/AA-/); negotiated; Morgan Stanley & Co. LLC (lead); Loop Capital Markets LLC and J.P. Morgan Securities LLC (co-managers); proceeds to refund NPR's series 2010 revenue bonds.

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/STATE UNIVERSITY OF NEW YORK: $271 million dormitory facilities revenue bonds; term to not exceed 21 years; proceeds to refund authority's series 2003A-B lease revenue bonds.

DOUGLAS COUNTY SCHOOL DISTRICT (GEORGIA): $116.91 million series 2013 general obligation refunding bonds (Aa2/AA+/); negotiated; Raymond James/Morgan Keegan (lead); bonds due 2018 to 2027; proceeds to refund existing G.O. debt.

FAIRFAX COUNTY (VIRGINIA): $101,455,000 series 2013B public improvement bonds (Aaa/AAA/AAA); negotiated; Morgan Stanley & Co. LLC (lead); bonds due 2014 to 2024; proceeds to finance school, transportation, public safety, parks and recreation and other improvement, as well as to refund the county's series 2004A-B, 2005A, 2007A and 2008A public improvement bonds.

FRANKLIN COUNTY (OHIO)/OHIOHEALTH CORP.: $210.29 million series 2013 hospital facilities revenue refunding bonds (Aa2/AA+/AA); negotiated; Barclays (lead); bonds due 2014 to 2033 with term bonds due 2038 and 2043; proceeds to construct, equip, acquire and renovate hospital facilities.

HAMPTON ROADS SANITATION DISTRICT (VIRGINIA): $215.22 million series 2013 wastewater revenue and refunding bonds (Aa2/AAA/AA+); negotiated; Raymond James/Morgan Keegan (lead); bonds due 2013 and 2019 to 2033 with term bond due in 2038; proceeds to finance capital wastewater projects and refund existing revenue bonds.

HOWARD HUGHES MEDICAL INSTITUTE (MARYLAND): $1.65 billion series 2013A taxable fixed-rate bonds (Aaa/AAA/); negotiated; J.P. Morgan Securities LLC, Goldman, Sachs & Co., Morgan Stanley & Co. LLC and BofA Merrill Lynch (lead); bonds due March 1, 2023; proceeds to fund an account established by the institute to create a reserve for its program spending.

MEDFORD HOSPITAL FACILITIES AUTHORITY/ROGUE VALLEY MANOR: $60.2 million series 2013A revenue refunding bonds (/BBB+/A-); negotiated; Cain Brothers (lead); proceeds to current refund authority's series 2007 variable-rate demand revenue bonds.

MESA (ARIZONA): $101.5 million series 2013 excise tax revenue obligations (Aa3/AA+/); negotiated; BofA Merrill Lynch (lead); Morgan Stanley & Co. LLC and RBC Capital Markets LLC (co-managers); bonds due 2027 and 2032; proceeds to construct a spring training facility to be initially used by the Chicago Cubs, as well as to renovate the Hohokam Stadium.

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

MIDLOTHIAN INDEPENDENT SCHOOL DISTRICT (TEXAS): $56,357,637.05 series 2013A tax-exempt refunding bonds; negotiated; First Southwest Co. (lead); Raymond James/Morgan Keegan and Wells Fargo Securities LLC (co-managers); proceeds to refund the district's series 2005 and 2006 unlimited tax school building bonds.

• $56,025,000 current interest bonds

• $332,637.05 capital appreciation bonds

MINNESOTA HOUSING FINANCE AGENCY: $86.51 million series 2013B taxable homeownership finance bonds; negotiated; RBC Capital Markets LLC, Morgan Stanley & Co. LLC and Piper Jaffray & Co. (lead); bonds due Sept. 1, 2041; proceeds to redeem refunded bonds.

NORTHWEST INDEPENDENT SCHOOL DISTRICT (TEXAS): $54,474,961.90 series 2013 unlimited tax taxable refunding bonds; negotiated; RBC Capital Markets LLC (lead); Raymond James/Morgan Keegan and Southwest Securities Inc. (co-managers); proceeds to refund a portion of the district's series 2005 bonds.

• $274,961.90 capital appreciation bonds due 2013 and 2017 to 2018

• $54.2 million current interest bonds due 2014 to 2016 and 2019 to 2032

OHIO: $61.99 million series 2013 capital facilities lease appropriation refunding bonds (Aa2/AA/AA); negotiated; KeyBanc Capital Markets Inc. (lead); Estrada Hinojosa & Co. Inc., Ross, Sinclaire & Associates LLC and PNC Capital Markets LLC (co-managers); proceeds to refund the state's series 2004A and 2005A lease appropriation bonds.

• $50,815,000 series 2013A administrative building project bonds due 2013 to 2024

• $11,175,000 series 2013A parks and recreation fund bonds due 2013 to 2019

SAN DIEGO UNIFIED SCHOOL DISTRICT (CALIFORNIA): $113 million series 2013 general obligation bonds (Aa3/AA-/); negotiated; Loop Capital Markets LLC (lead); Citigroup Global Markets Inc., Goldman, Sachs & Co. and J.P. Morgan Securities LLC (co-managers); proceeds to repair and rehabilitate outdated classrooms, libraries and other school facilities and acquire real property.

• $52.5 million series 2013A election of 2012 dedicated ad valorem tax G.O. bonds due July 1, 2014

• $60.5 million series 2013B election of 2012 dedicated ad valorem tax G.O. bonds due July 1, 2015

SANTA CLARA (CALIFORNIA): $62.63 million series 2013A electric revenue refunding bonds (/A+/A+); negotiated; Goldman, Sachs & Co. (lead); Barclays and Morgan Stanley & Co. LLC (co-managers); bonds due 2014 to 2028; proceeds to refund city's series 2003 revenue bonds.

WASHOE COUNTY (NEVADA): $150 million series 2013 highway fuel tax revenue bonds (A1/A+/); negotiated; RBC Capital Markets LLC and J.P. Morgan Securities LLC (lead); proceeds to finance the costs of highway and streets for the Regional Transportation Commission of Washoe County.

WESTCHESTER COUNTY LOCAL DEVELOPMENT CORP./KENDAL ON HUDSON PROJECT (NEW YORK): $70.29 million series 2013 revenue refunding bonds (//BBB); negotiated; BB&T Capital Markets (lead); proceeds to refund corporation's series 2003 and 2007 revenue bonds.

WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY/ASPIRUS INC. OBLIGATED GROUP: $92.2 million series 2013 revenue bonds (A2/A/); negotiated; Barclays and Piper Jaffray & Co. (lead); bond due 2013 to 2028 with term bonds due 2033, 2038, 2043 and 2048; proceeds to provide loans to the Aspirus Wausau Hospital, Memorial Health Center Inc., Aspirus Grand View Hospital and Langlade Hospital, as well as to refund the authority's series 2000 revenue bonds and refinance a line of credit.

WISCONSIN PUBLIC POWER INC.: $182.46 million series 2013A power supply revenue bonds (A1/A/A+); negotiated; Barclays (lead); BMO Capital Markets and J.P. Morgan Securities LLC (co-managers); bonds due 2015 to 2033 with term bond due in 2037; proceeds to refund the corporation's series 2003A and 2005A power supply revenue bonds.

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