Municipals Calendar: Chicago O'Hare to bring $766 million, $112 million

JANUARY 14 WEEK

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/MONTEFIORE MEDICAL CENTER: $165 million mortgage hospital revenue bonds; negotiated; Merrill Lynch & Co. (lead), Banc of America Securities LLC, Goldman, Sachs & Co., JPMorgan, Piper Jaffray & Co., Ramirez & Co., Inc. and Roosevelt & Cross, Inc. (co-managers); serial maturities from August 2008 through August 2032; proceeds to refund outstanding $140.58 million in series 1995A bonds; pricing date not set.

January 15

CHICAGO O'HARE AIRPORT: $766 million general airport lien bonds; negotiated issue; FSA insured; bonds due in serial structure from 2010 through 2028, term bonds due 2033 and 2038; also includes AMT bonds with serial maturities from 2010 through 2018 and term bonds due 2022, 2028 and 2038; pricing Jan. 15.

CHICAGO O'HARE AIRPORT: $112 million passenger facility charge bonds; negotiated issue; bonds due in serial structure from 2012 through 2016; pricing Jan. 15.

CHINO BASIN REGIONAL FINANCE AUTHORITY, California (for Inland Empire Utilities Agency): $125 million; negotiated issue; Citigroup Global Markets (lead); bonds have serial structure from 2023 through 2038; pricing set for Jan. 15.

CALIFORNIA HOUSING FINANCING AUTHORITY: $102 million in two tranches (Aa2/AA-); 2008A bonds due in serial structure from 2009 through 2018; 2008B bonds due 2023, 2028 and 2041; pricing expected for Jan. 15; structure:

• 2008A bonds due 2009 through 2018

• 2008B bonds due 2023, 2028 and 2041

BON SECOURS HEALTH SYSTEMS (HEALTH CARE-HOSPITAL VIRGINIA): $196.84 million in four tranches (A3); negotiated; Citigroup Global Markets (lead); proceeds to reimburse the system for $152 million in capital expenses in South Carolina and Virginia and refund the $81 million in series 2003 bonds used to construct St. Francis Hospital in Chesterfield, Va.; structure:

• Series 2008A for $69.925 million

• Series 2008B-1 for $40.345 million

• Series 2008B-2 for $40.35 million

• Series 2008C-2 for $46.22 million

FAIRFAX COUNTY, VIRGINIA: $237.915 million public improvement bonds series 2008A (Aaa/AAA/AAA); competitive; serial maturities from 2009 through 2028; proceeds to be used for school improvements, parks and park facilities, library facilities, transportation improvements and facilities, and public safety facilities; pricing Jan. 15.

NASSAU COUNTY, NEW YORK: $125 million general obligation bonds 2008 series A (A2); competitive; proceeds for financing general improvement projects throughout the county and for sewer district projects; pricing Jan. 15.

TENNESSEE STATE SCHOOL BOND AUTHORITY: $118.4 million series 2008A higher education facilities second program bonds (Aa2); competitive; Public Financial Management (financial advisor); serial maturities from May 2008 through 2038; proceeds to retire at maturity commercial paper issued for capital projects at several public higher education campuses in Tennessee and to help finance capital projects and satisfy debt service requirements.

JANUARY 21 WEEK

January 23

CLARK COUNTY, NEVADA: $100 million sales and excise tax (streets and highway projects) commercial paper notes series 2008 A (P-1); negotiated; Citigroup Global Markets, Inc. (lead); funding for street and highway improvements; pricing Jan. 23.

CLARK COUNTY, NEVADA: $100 million sales and excise tax (streets and highway projects) commercial paper notes series 2008B; negotiated; UBS Securities LLC (lead); funding for street and highway improvements; pricing Jan. 23.

MECKLENBURG COUNTY, North Carolina: $160.5 million; set to price in two tranches: 2008A and 2008B; proceeds for park development, land acquisitions and law enforcement; pricing expected on Jan. 23;

• $12 million in 2008A bonds due 2009 through 2028

• $148.5 million in 2008B bonds due 2009 through 2028

WASHINGTON DRAMA SOCIETY: $120 million variable-rate demand revenue bonds (Aaa); negotiated; Shattuck Hammond Partners (lead); pricing set for Jan. 23.

JANUARY 28 WEEK

January 28

MARYLAND DEPARTMENT OF TRANSPORTATION: $250 million bonds; competitive issue; pricing expected Jan. 28.

January 31

NEW YORK STATE POWER AUTHORITY: $775 million commercial paper notes, series 1, 2 and 3 (P-1); pricing Jan. 31.

FEBRUARY 11 WEEK

February 15

LAMAR CONSOLIDATED INDEPENDENT SCHOOL DISTRICT, FORT BEND COUNTY, TEXAS: $141.12 million unlimited tax schoolhouse and refunding bonds, series 2008; negotiated; UBS Investment Bank (lead); $138.66 million current bonds with serial maturities from 2009 through 2038; $2.46 million capital appreciation bonds due 2016, 2017 and 2019; proceeds will be used to construct and equip school buildings, purchase facility sites and refund part of the district's outstanding debt.

FEBRUARY 18 WEEK

February 20

TEXAS PUBLIC FINANCE AUTHORITY: $228.64 million general obligation refunding bonds (Aa1/AA/AA+); negotiated; UBS Securities LLC (lead); serial maturities from 2009 to 2012 and a term bond due 2015.

MARCH 24 WEEK

March 25

ORANGE REGIONAL MEDICAL CENTER (DORMITORY AUTHORITY OF THE STATE OF NEW YORK), MIDDLETOWN, N.Y.: $260 million series 2008 bonds (Ba1); negotiated; Merrill Lynch & Co. (lead), JPMorgan Chase & Co., Morgan Stanley; serial maturities of 30 years; proceeds for construction of 374-bed replacement hospital; pricing March 25.

FEBRUARY

SWEETWATER UNION HIGH SCHOOL DISTRICT, CHULA VISTA, CALIF.: $180 million bond issue; pricing expected in mid-February.

MARCH

UNIVERSITY OF OKLAHOMA HEALTH SCIENCES CENTER: $75 million in tax-exempt and taxable bonds; proceeds for new cancer research center; pricing expected in March or April.

ON THE HORIZON

CAMINO REAL REGIONAL MOBILITY AUTHORITY: $237 million pass-through toll transportation revenue bonds (A2); competitive issue; to fund construction of 7.4 mile State Spur 601; pricing late January.

FLORIDA DEPARTMENT OF TRANSPORTATION: $342.1 million series 2008A bond issue (Aa2); competitive; serial maturities from July 1, 2008 through July 1, 2037; proceeds to be used for a portion of the turnpike's capital improvement program and to refund series 1997A turnpike revenue bonds; department gives 18-hour notice on competitive bond sales; pricing expected in January.

UNIVERSITY OF OKLAHOMA HEALTH SCIENCES CENTER: $100 million tax-exempt and taxable bonds; proceeds for new cancer research center; pricing expected in late spring or early summer.

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