Municipal Calendar: Columbus organizes $362.3 million offering

Week of August 19

COLUMBUS (OHIO): $362.3 million series 2013 various purpose general obligation bonds (Aaa//AAA); negotiated; BofA Merrill Lynch (lead); proceeds to finance various capital improvements; pricing week of Aug. 19.

• $239.1 million series 2013A unlimited tax bonds

• $95.8 million series 2013B limited tax bonds

• $3.8 million series 2013C taxable unlimited tax bonds

• $23.6 million series 2013D taxable limited tax bonds

DALLAS (TEXAS): $164,355,000 series 2013 waterworks and sewer system revenue refunding bonds (Aa1/AAA/); negotiated; BofA Merrill Lynch and Cabrera Capital Markets LLC (lead); J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, M.R. Beal & Co. LLC, Raymond James/Morgan Keegan, RBC Capital Markets LLC, Siebert Brandford Shank & Co. LLC and Southwest Securities Inc. (co-managers); bonds due 2014 to 2033; proceeds to refund $175 million of the city's outstanding commercial paper; pricing week of Aug. 19.

Week of August 26

August 27

CALIFORNIA: $764,025,000 series 2013 various purpose general obligation bonds (A1/A/A); competitive; Public Resources Advisory Group (financial adviser); proceeds to fund certain capital projects, repay outstanding commercial paper and current refund debt for a debt service savings; pricing Aug. 27.

• $205 million series 2013 G.O. bonds due 2022, 2024 to 2027 and 2029

• $559,025,000 series 2013 G.O. refunding bonds due 2014 to 2024, 2028 and 2030 to 2033

LAKE OSWEGO (OREGON): $75.87 million series 2013 full faith and credit obligations (Aa1/AAA/); competitive; Western Financial Group LLC (financial adviser); bonds due 2017 to 2038; proceeds to finance capital improvements to the city's water system; pricing Aug. 27.

SANTA CLARA COUNTY (CALIFORNIA): $118 million series 2013-14 tax and revenue anticipation notes (/SP-1+/); competitive; KNN Public Finance (financial adviser); notes due June 30, 2014; proceeds to finance capital requirements for the county ahead of the collection of certain taxes and revenues; pricing Aug. 27.

SIOUX FALLS SCHOOL DISTRICT 49-5 (SOUTH DAKOTA): $54 million series 2013 limited tax general obligation capital outlay certificates (/AA-/); competitive; Dougherty & Co. LLC (financial adviser); certificates due 2014 to 2033; proceeds to finance capital improvements within the district; pricing Aug. 27.

TEXAS: $7.2 billion series 2013 tax and revenue anticipation notes (MIG 1/SP-1+/F1+); competitive; George K. Baum & Co. (financial adviser); notes due Aug. 28, 2014; proceeds to fulfill operating cash shortfalls during the coming fiscal year; pricing Aug. 27.

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 for the corporation's hospitals.

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

ATLANTA (GEORGIA): $568,735,000 series 2013 water and wastewater revenue refunding bonds (Aa3/A+/A+); negotiated; Wells Fargo Securities LLC (lead for 2013A); Goldman, Sachs & Co. (lead for 2013B); Barclays, SunTrust Robinson Humphrey, BofA Merrill Lynch, Rice Financial Products Co., Stifel, Nicolaus & Co. and Ramirez & Co. (co-managers for 2013A); Morgan Stanley & Co. LLC, Siebert Brandford Shank & Co. LLC, Raymond James/Morgan Keegan, Jefferies & Co., Sterne, Agee & Leach Inc., CastleOak Securities LP and First Commonwealth Securities (co-managers for 2013B); proceeds to refund the city's series 1999A, 2001A and 2004 water and wastewater revenue bonds.

• $328,735,000 series 2013A bonds due 2013 to 2017 with term bond due in 2038

• $240 million series 2013B bonds

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

BABYLON (NEW YORK): $59.1 million series 2013 general obligation bond anticipation notes (MIG 1/SP-1+/); and public improvement bonds (Aa2/AA+/); negotiated; Goldman, Sachs & Co. and Ramirez & Co. (lead); proceeds to finance road reconstruction, park improvements, land acquisition and other capital improvements for the town.

• $15.35 million series 2013 tax-exempt G.O. BANs due Aug. 15, 2014

• $9.24 million series 2013 taxable G.O. BANs due Aug. 15, 2014

• $26.01 million series 2013 tax-exempt public improvement bonds due 2014 to 2028

• $8.5 million series 2013 taxable public improvement bonds due 2014 to 2032

CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK/CALIFORNIA INDEPENDENT SYSTEM OPERATOR CORPORATION PROJECT: $195,805,000 series 2013 refunding revenue bonds (A1/A/AA-); negotiated; RBC Capital Markets LLC and Citigroup Global Markets Inc. (lead); bonds due 2015 to 2030 with term bonds due 2034 and 2039; proceeds to advance refund the development bank's series 2009A revenue bonds.

CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK/LOS ANGELES COUNTY MUSEUM OF ART: $240 million of series 2013 refunding revenue bonds (A3//); negotiated; Wells Fargo Securities LLC and Mitsubishi UFJ Securities (USA) Inc.; mandatory tender for purchase on Aug. 1, 2018; proceeds to refund and redeem the outstanding series 2008A, 2008B, 2008C, 2008D and 2008E refunding revenue bonds.

• $80 million of series 2013A bonds

• $80 million of series 2013B bonds

• $80 million of series 2013C bonds

CLEVELAND COUNTY EDUCATIONAL FACILITIES AUTHORITY (OKLAHOMA)/MOORE PUBLIC SCHOOLS: $65,625,000 series 2013 educational facilities lease revenue bonds; negotiated; D.A. Davidson & Co. (lead); bonds due 2014 to 2018; proceeds to finance the construction of two new elementary schools and a junior high school, as well as to make additions and renovations to the district's high schools.

DELTONA (FLORIDA): $78.83 million series 2013 utility system refunding revenue bonds (/A/A+); negotiated; Raymond James/Morgan Keegan (lead); BofA Merrill Lynch, J.P. Morgan Securities LLC and RBC Capital Markets LLC (co-managers); bonds due 2014 to 2031; proceeds to refund the city's series 2003 utility system 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

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

GEISINGER HEALTH SYSTEM (PENNSYLVANIA): $284.4 million series 2013 taxable bonds (Aa2/AA/); negotiated; J.P. Morgan Securities LLC and Wells Fargo Securities LLC (lead); BofA Merrill Lynch (co-manager); proceeds for general corporate purposes.

GENESEE COUNTY (MICHIGAN): $54.18 million series 2013 water supply system revenue bonds (A2/A+/); negotiated; J.P. Morgan Securities LLC (lead); Wells Fargo Securities LLC and Stifel, Nicolaus & Co. (co-managers); proceeds to acquire a piece of property adjacent to Lake Huron in Sanilac County, as well as to construct a raw water intake facility and refund the county's series 2003 and 2003B G.O. bonds.

KENTUCKY HIGHER EDUCATION STUDENT LOAN CORP.: $563 million series 2013-2 student loan asset-backed notes (/AA(sf)/AAAsf); negotiated; BofA Merrill Lynch (lead); notes due Feb. 1, 2030; proceeds to fund the cancellation of existing debt under a 2008 indenture and fund student loans.

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

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.

MAINE MUNICIPAL BOND BANK: $220.37 million series 2013 taxable liquor operation revenue bonds (A1/A+/); negotiated; Wells Fargo Securities LLC and BofA Merrill Lynch (lead); J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and Raymond James/Morgan Keegan (co-managers); bonds due 2015 to 2024; proceeds to make payments to Maine health care providers under the MaineCare program.

MARYLAND DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT: $52,446,817 series 2013A single-family housing revenue bonds (Aaa); negotiated; RBC Capital Markets LLC (lead); BofA Merrill Lynch and J.P. Morgan Securities LLC (co-managers); bonds due July 1, 2043; proceeds to finance single-family mortgage loans.

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

MIAMI-DADE COUNTY (FLORIDA): $389.36 million series 2013 seaport revenue bonds (//A); negotiated; Raymond James/Morgan Keegan (lead); Goldman, Sachs & Co., M.R. Beal & Co., Morgan Stanley & Co. LLC, Rice Financial Products Co., Barclays, Blaylock Robert Van, Cabrera Capital Markets LLC, Estrada Hinojosa & Co. Inc., Siebert Brandford Shank & Co. LLC, Southwest Securities Inc. and Wells Fargo Securities LLC (co-managers); proceeds to refund the county's series 1995 and 1996 revenue bonds.

• $250 million series 2013A bonds

• $110 million series 2013B AMT bonds

• $11.76 million series 2013C refunding bonds

• $17.6 million series 2013D AMT refunding bonds

MICHIGAN FINANCE AUTHORITY/DETROIT SCHOOL DISTRICT: $92 million series 2013C state aid revenue notes (/SP-1/); negotiated; J.P. Morgan Securities LLC and Loop Capital Markets LLC (lead); notes due Aug. 20, 2014; proceeds to finance capital improvements to Detroit schools.

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 JERSEY ECONOMIC DEVELOPMENT AUTHORITY/RUTGERS UNIVERSITY: $238.9 million series 2013 general obligation lease revenue bonds (Aa3/AA-/AA-); negotiated; Citigroup Global Markets Inc. (lead); Morgan Stanley & Co. LLC and Wells Fargo Securities LLC (co-managers); bonds due 2017 to 2033 with term bonds due 2038 and 2046; proceeds to purchase properties on the Rutgers University New Brunswick, N.J., campus to develop and construct new facilities including an academic building.

ODESSA (TEXAS): $55 million series 2013 combination tax and revenue certificates of obligation (Aa2/AA/); negotiated; J.P. Morgan Securities LLC (lead); BofA Merrill Lynch, Stephens Inc. and Wells Fargo Securities LLC (co-managers); certificates due 2014 to 2033 proceeds to construct improvements to the city's parks, drainage improvements and paving, curb and gutter improvements, as well as street improvements.

OKLAHOMA WATER RESOURCES BOARD: $76,645,000 series 2013 revolving fund revenue bonds (Aaa/AAA/AAA); negotiated; BofA Merrill Lynch (lead); BOSC Inc., J.P. Morgan Securities LLC and Wells Nelson & Associates LLC (co-managers); proceeds to make subsidized loans to qualified local government entities for water development projects, as well as to refund the board's series 2003 revolving fund revenue bonds.

• $41.07 million series 2013A revolving fund revenue bonds due 2015 to 2043

• $35,575,000 series 2013B taxable revolving fund refunding revenue bonds due 2014 to 2025

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 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.

PRINCETON THEOLOGICAL SEMINARY (NEW JERSEY): $85 million series 2013 taxable bonds (Aa1/AAA/); negotiated; Morgan Stanley & Co. LLC (lead); Wells Fargo Securities LLC (co-manager); proceeds for general corporate purposes of the seminary, as well as to refund the seminary's series 2002G bonds and a line of credit.

PROVIDENCE HEALTH AND SERVICES (CALIFORNIA AND OREGON): $216,825,000 series 2013 revenue bonds (Aa2/AA/AA); negotiated; BofA Merrill Lynch (lead); proceeds to refund existing debt.

• $78.06 million series 2013A revenue bonds through the Oregon Facilities Authority

• $138,765,000 series 2013B revenue bonds through the California Health Facilities Financing Authority

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.

RED RIVER EDUCATION FINANCE CORP./TEXAS CHRISTIAN UNIVERSITY: $100 million series 2013 higher education revenue bonds; negotiated; J.P. Morgan Securities LLC (lead); Raymond James/Morgan Keegan and Wells Fargo Securities LLC (co-managers); bonds due 2018 to 2034 with term bonds due 2038 and 2043; proceeds to construct a new instructional building for interdisciplinary use among the colleges of the university, to renovate and make additions to a nursing building, to renovate and expand an existing academic building, to renovate and expand the library, to renovate an existing residence hall and construct a new residence hall, to construct a new student multipurpose building, to construct a new campus parking garage to service students, faculty and visitors, to improve and relocate the university's data center and to upgrade utilities facilities.

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.

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.

SOUTHWESTERN ILLINOIS DEVELOPMENT AUTHORITY/MEMORIAL GROUP INC.: $157.87 million series 2013 health facility revenue bonds (/BB+/); negotiated; Piper Jaffray & Co. and Barclays (lead); proceeds to finance the construction, acquire, equip and furnish a 94-bed hospital in Shiloh, Ill., and refund existing debt.

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

UNIVERSITY OF ILLINOIS: $71.75 million series 2013 health services facilities system revenue bonds (A2/A/); negotiated; BMO Capital Markets LLC and M.R. Beal & Co. (lead); bonds due 2027 to 2033 with term bonds due 2038 and 2042; proceeds to finance infrastructure renovations and improvements at the University of Illinois Hospital.

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.

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

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