Municipals Calendar: Seattle to sell $215.845 million bonds

WEEK OF NOVEMBER 17

BOSSIER CITY (LOUISIANA): $125 million series 2008 utilities revenue bonds (A3/AA-/); negotiated; Merrill Lynch & Co. (lead); serial maturities from 2009 through 2028 with terms due 2028 and 2033; proceeds to make additions, improvements, extensions and repairs to the waterworks plant and the sewer utility system and to fund a debt service reserve fund; pricing week of Nov. 17.

CITY OF NEW YORK: $425 million series 2009F general obligation bonds; negotiated; Merrill Lynch & Co. (lead); Citigroup Global Markets; J.P. Morgan Securities Inc.; Morgan Stanley; Banc of America Securities; Barclays Capital; M.R. Beal & Co.; Depfa First Albany Securities; Goldman, Sachs & Co.; Loop Capital Markets; Prager, Sealy & Co.; Ramirez & Co.; RBC Capital Markets; Siebert Brandford Shank & Co.; Wachovia Bank; Cabrera Capital Markets; Commerce Capital Markets; Jackson Securities; Janney Montgomery Scott; Raymond James & Associates; Roosevelt & Cross; and Southwest Securities (co-managers); bonds due 2010 to 2031; proceeds for capital expenditures; pricing week of Nov. 17.

• $400 million series 2009F-1

• $25 million series 2009F-2

CLAY COUNTY (FLORIDA): $76.025 million series 2008 infrastructure sales tax revenue bonds (/A+/A+); negotiated; RBC Capital Markets (lead); Citigroup Global Markets (co-manager); bonds due 2009 to 2019; proceeds for capital improvements and funding a reserve account; pricing week of Nov. 17.

MIAMI-DADE COUNTY (FLORIDA): $301.39 million series 2008C water and sewer system revenue bonds; negotiated; RBC Capital Markets (lead); Goldman, Sachs & Co.; Morgan Keegan & Co.; M.R. Beal & Co.; Rice Financial Products; Butler Wick & Co.; Citigroup Global Markets; Estrada Hinojosa & Co.; Jackson Securities; Loop Capital Markets; Raymond James & Associates; Samuel A. Ramirez & Co.; Siebert Brandford Shank & Co.; and Wachovia Bank (co-managers); bonds due 2009 to 2025; proceeds to refund all series 2005 variable-rate demand bonds and fund an increase in the reserve account requirement resulting from the sale; pricing week of Nov. 17.

SOLID WASTE AUTHORITY OF PALM BEACH COUNTY (FLORIDA): $214.875 million series 2008A improvement revenue bonds (Aa3/AA/); negotiated; Citigroup Global Markets (lead); Jackson Securities, Janney Montgomery Scott, Loop Capital Markets, Merrill Lynch & Co., Raymond James & Associates and Wachovia Bank (co-managers); 2008A bonds due 2009 to 2024 and 2008B bonds due 2024 to 2028; proceeds for refurbishment of waste-to-energy facility, design of a new resource recovery facility, construction of new transfer station, acquisition of landfill site and deposit to debt service reserve fund; pricing week of Nov. 17.

NOVEMBER 19

CHICAGO TRANSIT AUTHORITY: $175 million series 2008A capital grant receipts revenue bonds (A2/A/A); negotiated; Siebert Brandford Shank & Co. and J.P. Morgan Securities Inc. (lead); Banc of America Securities, Duncan-Williams Inc., BMO Capital Market GKST, Merrill Lynch & Co., RBC Capital Markets and Wachovia Bank (co-managers); proceeds for construction projects in city's transit system; pricing Nov. 19.

CITY OF NEW YORK: $400 million series 2009E general obligation bonds; negotiated; Morgan Stanley (lead); proceeds for capital purposes; pricing Nov. 19.

CITY OF SEATTLE: $215.845 million series 2008 water system improvement and revenue refunding bonds (Aa2/AA+/); competitive; Seattle-Northwest Securities Corp. (financial adviser); bonds due 2009 to 2038; proceeds for improvements to city's water system and refunding existing bonds; pricing Nov. 19.

INDIANA FINANCE AUTHORITY: $94.55 million series 2008 revenue refunding bonds (Aa2/AA+/AA); negotiated; Morgan Stanley (lead); City Securities Corp., Edward Jones & Co., KeyBanc Capital Markets, Melvin and Co., Morgan Keegan & Co. and Raymond James & Associates (co-managers); 2008A bonds due 2009 to 2014, 2008B bonds due 2012 and 2008C bonds due 2009 to 2022; proceeds to refund 2000A, 2000B and 2001A bonds and make interest rate collar termination payments; pricing Nov. 19

• $28.83 million series 2008A

• $13.67 million series 2008B

• $52.05 million series 2008C

KANSAS DEVELOPMENT FINANCE AUTHORITY: $65.835 million series 2008CW water pollution control revolving fund revenue bonds (Aaa/AAA/); competitive; Public Financial Management (financial adviser); bonds due 2010 to 2019 and 2024 to 2029; proceeds to disburse loans to municipalities in Kansas; pricing Nov. 19.

MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA: $297.035 million subordinated bonds (//A+); negotiated; J.P. Morgan Securities Inc. (lead); Banc of America Securities, Barclays Capital, Citigroup Global Markets, Goldman, Sachs & Co., Merrill Lynch & Co., Morgan Stanley, Raymond James & Associates, Wachovia Bank (co-managers); proceeds refund outstanding subordinated bonds, fund acquisition of nuclear fuel and fund a debt service reserve fund; pricing Nov. 19.

• $285.595 million series 2008D Project One subordinated bonds

• $11.44 million series 2008C general resolution project subordinated bonds

OHIO AIR QUALITY DEVELOPMENT AUTHORITY/FIRST ENERGY CORP.: $123 million series 2008 pollution control revenue bonds; negotiated; Banc of America Securities (lead); proceeds for air pollution prevention efforts in Ohio; pricing Nov. 19.

OKLAHOMA DEPARTMENT OF TRANSPORTATION: $98.26 million series 2008A grant anticipation notes (Aa3//A+); negotiated; J.P. Morgan Securities Inc. (lead); BOSC Inc., Capital West Securities Inc., RBC Capital Markets and Wachovia Bank (co-managers); bonds due 2009 to 2021; proceeds for construction costs associated with qualified federal aid transportation projects; pricing Nov. 19.

PUERTO RICO MUNICIPAL FINANCE AGENCY: $240 million series 2008A bonds (Baa3/BBB-/); negotiated; Merrill Lynch & Co., Ramirez & Co. and RBC Capital Markets (lead); Banc of America Securities; Barclays Capital; BBVAPR MSD; Citigroup Global Markets; Depfa First Albany Securities; Eurobank MSD; Goldman, Sachs & Co.; J.P. Morgan Securities Inc.; Loop Capital Markets; Morgan Stanley; Oppenheimer & Co.; Oriental Financial Services; Popular Securities; Santander Securities; Scotia Capital; UBS Financial Services Inc. of Puerto Rico; and Wachovia Capital Markets (co-managers); bonds due 2009 to 2018 with term bonds due 2023, 2028 and 2033; proceeds to purchase Puerto Rico general obligation bonds and notes from municipalities and the Government Development Bank; pricing Nov. 19.

VIRGINIA RESOURCES AUTHORITY: $218 million series 2008B infrastructure revenue bonds; negotiated; Citigroup Global Markets (lead); bonds due 2009 to 2023 with term bonds due 2028, 2033 and 2038; proceeds for financing or refinancing of public water, wastewater, parks and recreation, public safety, transportation and local government projects; pricing Nov. 19.

NOVEMBER 20

ANCHORAGE, ALAKSA: $89.84 million series 2008 general obligation bonds (/AA/AA); negotiated; Merrill Lynch & Co. (lead); Morgan Stanley & Co., Citigroup Global Markets, J.P. Morgan Securities Inc., Goldman, Sachs & Co., Seattle-Northwest Securities Corp. and Siebert Brandford Shank & Co. (co-managers); proceeds for general capital improvements, including to roads, drainage systems, parks, schools and a public pool; pricing Nov. 20.

DELAWARE TRANSPORTATION AUTHORITY: $117.875 million series 2008B transportation system senior revenue bonds (Aa3/AA+/); competitive; Public Financial Management Inc. (financial adviser); bonds due 2010 to 2029; proceeds for capital improvements and a deposit to a senior bond debt service reserve fund; pricing Nov. 20.

DISTRICT OF COLUMBIA: $400 million series 2008 general obligation tax and revenue anticipation notes (MIG 1/SP-1+/F1+); negotiated; Loop Capital Markets and Morgan Stanley (lead); Citigroup Global Markets; Goldman, Sachs & Co.; M.R. Beal & Co.; Raymond James & Associates; Siebert Brandford Shank & Co.; and Wachovia Bank; Phoenix Capital and Public Resources Advisory Group (financial advisers); notes due Sept. 30, 2009; proceeds for capital expenses ahead of the collection of taxes and revenues; pricing Nov. 20.

FORSYTH COUNTY (GEORGIA): $118 million bonds (Aa1/AA+/); negotiated; Citigroup Global Markets (lead); bonds due 2009 to 2028; pricing Nov. 20.

MASSACHUSETTS HOUSING FINANCE AGENCY: $60 million series 140 single-family housing revenue bonds (Aa2/AA/); negotiated; Goldman, Sachs & Co. (lead); Banc of America Securities, Barclays Capital Markets, Citigroup Global Markets, Morgan Stanley, Cabrera Capital Markets, Depfa First Albany Securities, Fidelity Capital Markets Services, George K. Baum & Co., J.P. Morgan Securities Inc., Merrill Lynch & Co., Piper Jaffray & Co., Raymond James & Associates, Rice Financial Products, Siebert Brandford Shank & Co. and Wachovia Bank; bonds due 2009 to 2018 with term bonds due 2024, 2028 and 2039; proceeds for the purchase of mortgage loans; pricing Nov. 20.

MOUNTAIN STATES HEALTH ALLIANCE (VIRGINIA AND TENNESSEE): $80 million series 2008 hospital revenue bonds (Baa1/BBB+/); negotiated; Merrill Lynch & Co. (lead); all bonds due 2009 to 2018 with term bonds; proceeds for refinancing debt for respective authorities and financing construction of hospital facilities; pricing Nov. 20.

• $5.615 million series 2008C bonds (Health and Educational Facilities Board of Johnson City, Tenn.)

• $5.74 million series 2008D bonds (Industrial Development Authority of Smyth County, Va.)

$68.645 million series 2008E bonds (Industrial Development Authority of Washington County, Va.)

MUNICIPAL ENERGY AGENCY OF NEBRASKA: $75.91 million series 2008A subordinate power supply system revenue bonds (//A); competitive; proceeds to acquire coal-fired plant and make capital improvements to it, redeem series 2003B auction-rate bonds and make a deposit to a debt service reserve fund; pricing Nov. 20.

NORTH CAROLINA MEDICAL CARE COMMISSION/UNIVERSITY HEALTH SYSTEMS OF EAST CAROLINA: $272.46 million series 2008 healthcare facilities revenue refunding bonds (A1/A+/AA-); negotiated; Citigroup Global Markets (lead for 2008D and 2008E); Edward Jones & Co. (lead for 2008C); Banc of America Securities and BB&T Capital Markets (co-managers for 2008D and 2008E); Merrill Lynch & Co. (co-manager for 2008C); 2008C bonds due 2009 to 2018 with term bonds due 2023, 2026 and 2036; 2008D bonds due 2033; 2008E bonds due 2036; proceeds refund commission's 2006 bonds and make deposit to debt service reserve fund; pricing Nov. 20.

• $74.135 million series 2008C

• $82.4 million series 2008D

• $115.925 million series 2008E ($56.28 million series 2008E-1; $59.645 million series 2008E-2)

WEEK OF NOVEMBER 24

NOVEMBER 25

CITY OF YONKERS (NEW YORK): $65.4 million series 2008-09 revenue anticipation notes and bond anticipation notes (/SP-1+/); negotiated; Roosevelt & Cross and Stone & Youngberg (lead); RANs due June 30, 2009; BANs due Aug. 14, 2009; proceeds for capital expenses ahead of revenue collection and bond sale; pricing Nov. 25.

WEEK OF DECEMBER 1

DECEMBER 1

OREGON: $76 million series 2008B certificates of participation; negotiated; Citigroup Global Markets; proceeds for various purposes; pricing Dec. 1.

OREGON HOUSING AND COMMUNITY SERVICES DEPARTMENT: $158.2 million series 2008J revenue bonds; negotiated; proceeds for making home loans; pricing Dec. 1.

WEEK OF DECEMBER 8

DECEMBER 9

COMMONWEALTH OF PENNSYLVANIA: $600 million second series 2008 general obligation bonds; competitive; Public Financial Management (financial adviser); bonds due 2010 to 2029; proceeds for capital facilities projects and green facilities projects; pricing Dec. 9.

NOVEMBER

VIRGINIA PUBLIC SCHOOL AUTHORITY: $125.14 million series 2008B school financing bonds; negotiated; Morgan Keegan & Co. (lead); Davenport & Co., J.P. Morgan Securities Inc. and M.R. Beal & Co. (co-managers); bonds due 2009 to 2033; proceeds for construction, renovation and equipment of school buildings; pricing in November.

DECEMBER

BRONSON METHODIST HOSPITAL/KALAMAZOO HOSPITAL FINANCE AUTHORITY: $203.16 million series 2008 hospital revenue refunding bonds (A2); negotiated; Ziegler Capital Markets (lead); bonds due 2009 to 2018 with term bonds due 2028 and 2036; proceeds refund series 1998, 2005A, 2005B and 2006 bonds; pricing in December.

CITY UNIVERSITY OF NEW YORK/DORMITORY AUTHORITY OF THE STATE OF NEW YORK: $719 million variable-rate refunding bonds; pricing in December.

LOUISIANA PUBLIC FACILITIES AUTHORITY: $100 million series 2008 revenue bonds (Cleco Power LLC); negotiated; KeyBanc Capital Markets and Morgan Keegan & Co. (lead); bonds due Dec. 1, 2038; initially bear interest at term rate; proceeds for acquisition, construction, improvement or renovation or nonresidential real property in the Gulf Opportunity Zone; pricing in December.

NEW YORK PUBLIC LIBRARY/DORMITORY AUTHORITY OF THE STATE OF NEW YORK: $117 million variable-rate bonds; pricing in December.

DAY-TO-DAY

COLORADO HEALTH FACILITIES AUTHORITY: $55.515 million series 2008 hospital revenue bonds (//AA/F1); negotiated; Wachovia Bank (lead); bonds initially bear interest at daily rate; proceeds to refund authority's series 1993 bonds and make improvements to hospital facilities; pricing on day-to-day basis.

• $39.085 million series 2008A

• $16.43 million series 2008B

FLORIDA MUNICIPAL POWER AGENCY/STANTON II: $110 million series 2008 refunding revenue bonds; negotiated; Wachovia Bank, NA, serial maturities from 2009 through 2027; proceeds to refund $40.725 million from the series 2000 variable-rate bonds and $58.575 million from the series 2004 variable-rate bonds and to pay fees to terminate interest rate swap agreements; pricing on day-to-day basis.

HARRIS COUNTY TOLL ROAD AUTHORITY (TEXAS) $75 million series 2008A general obligation unlimited tax and subordinated lien revenue refunding bonds; negotiated; Piper Jaffray & Co. (lead); proceeds refund outstanding debt; pricing day-to-day.

ON THE HORIZON

ATLANTA/BELTLINE: $120 million tax allocation bonds; negotiated; Wachovia Bank, NA, (lead); proceeds to finance or refinance redevelopment costs to acquire and develop an abandoned BeltLine rail corridor and create affordable workforce housing and provide economic development incentives in the BeltLine tax allocation district.

• $42.33 million series 2008A

• $70.265 million series 2008B

• $7.405 million series 2008C

BRENTWOOD INFRASTRUCTURE FINANCE AUTHORITY (CALIFORNIA): $56.62 million series 2008 water revenue bonds (/AA/); negotiated; RBC Capital Markets (lead); proceeds for improvements to the city's water system.

CITY OF ROYAL OAK HOSPITAL FINANCE AUTHORITY/WILLIAM BEAUMONT HOSPITAL (MICHIGAN): $583.72 million the series 2008V fixed-rate and series 2008W term-rate revenue and refunding bonds (A1/A/A+); negotiated; Morgan Stanley (lead); proceeds for construction and renovation costs, to refund outstanding bonds and pay termination payments made under interest rate hedge agreements for the refunded bonds.

CLEVELAND MUNICIPAL SCHOOL DISTRICT (OHIO): $70 million general obligation bond anticipation notes (MIG1//); competitive; SBK-Brooks Investment Corp. and Fifth Third Securities (co-financial advisers); due Sept. 30, 2009; Proceeds to provide new money to acquire sites and construct, renovate, furnish and equip school facilities.

COMMONWEALTH OF VIRGINIA/VIRGINIA PUBLIC BUILDING AUTHORITY: $320 million public facilities revenue bonds (Aa1); proceeds to finance public building projects, including local and regional jail facilities.

• $260 million series 2008B

• $60 million series 2008C

DOCTORS COMMUNITY HOSPITAL/MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY: $59.17 million series 2008 hospital revenue bonds (Baa2); negotiated; UBS Securities; proceeds finance a planned new private bed, six-story patient tower and other capital expenses.

DORMITORY AUTHORITY OF THE STATE OF NEW YORK: $668.5 million series 2008 mental health services facilities improvement revenue bonds (/AA-/A+); negotiated; J.P. Morgan Securities Inc. (lead); Banc of America Securities, Jackson Securities, RBC Capital Markets, Roosevelt & Cross, Barclays Capital, Citigroup Global Markets, Loop Capital Markets, Morgan Stanley, M.R. Beal & Co. and Piper Jaffray; proceeds to refund outstanding bonds.

• $595.22 million series 2008F

• $73.28 million series 2008G

FAIRFIELD (CONNECTICUT): $51.115 million 2008 refunding bonds; negotiated; William Blair (lead); serial structure from 2010 to 2023; proceeds refund city's 2003A and 2003B bonds.

FLORIDA UNIVERSITY SYSTEM BOARD OF GOVERNORS: $96 million series 2008A improvement revenue bonds; competitive; pricing on 18-hour notice.

GEORGETOWN UNIVERSITY: $63.85 million series 2008A variable-rate refunding bonds; negotiated; Goldman, Sachs & Co.; due 2029; proceeds to refund $63.85 million from the series 1999A auction-rate bonds.

HARRIS COUNTY (TEXAS): $77.16 million series 2008A toll road unlimited tax and subordinate-lien revenue refunding bonds; negotiated; Piper Jaffray (lead); Citigroup Global Markets, Depfa First Albany, Loop Capital Markets, Goldman, Sachs & Co., JPMorgan, Siebert Brandford Shank & Co. (co-managers); proceeds to refund outstanding series 2003 toll road unlimited tax and subordinate-lien revenue bonds and purchase one or more bond insurance policies.

HAWAII: $634.735 million series 2008 general obligation and general obligation refunding bonds (Aa2/AA/AA); negotiated; Citigroup Global Markets and Merrill Lynch (lead); 2008DN bonds due 2012 to 2028, 2008DO bonds due 2011 to 2018 and 2008DP bonds due 2011 to 2016; proceeds to reimburse state for public improvement expenses and costs of acquiring, constructing, extending or improving various public buildings and facilities, as well as refunding a number of the state's obligations.

• $300 million series 2008DN G.O. bonds

• $308.735 million series 2008DO G.O. refunding bonds

• $26 million series 2008DP G.O. bonds

HENRICO COUNTY (VIRGINIA): $95.85 million series 2008A general obligation public improvement bonds; competitive; BB&T Capital Markets (financial adviser); serial maturities from 2009 through 2028; proceeds to finance improvement projects for schools, fire stations, parks and roads.

HOUSTON COMMUNITY COLLEGE SYSTEM (TEXAS): $56.355 million series 2008 senior-lien student fee revenue bonds; negotiated; Siebert Brandford Shank & Co. (lead); maturities from 2009 through 2030; proceeds to acquire facilities currently leased by the system, pay for the construction and renovation of the Southeast Workforce Building, renovate other college facilities and provide funds sufficient to capitalize on one year's interest payment.

INDIANAPOLIS LOCAL PUBLIC IMPROVEMENT BOND BANK: $127 million bond bank notes; negotiated; City Securities (lead); Merrill Lynch & Co. and Loop Capital Markets (co-managers); notes due June 1, 2009; proceeds to purchase warrants of qualified entities in Marion County, Ind., ahead of ad valorem tax collection.

IRVINE UNIFIED SCHOOL DISTRICT (CALIFORNIA): $81.08 million series 2008 special tax bonds (A3/A/); negotiated; Banc of America Securities and Piper Jaffray (lead); bonds due 2009 to 2020; proceeds to refund outstanding obligations and make deposit to debt service reserve fund.

KALAMAZOO/BRONSON METHODIST HOSPITAL (MICHIGAN): $82.62 million series 2008 revenue refunding bonds (A2//); negotiated; Ziegler Capital Markets; serial maturities from 2010 through 2018 and terms due 2024 and 2028; proceeds to refund the $59.495 million outstanding from the series 2005A revenue refunding bonds on Oct. 15 and the $11.415 million outstanding from the 2005B revenue refunding bonds on Oct. 9, as well as to fund a debt service reserve account.

KENMORE MUNICIPAL HOUSING AUTHORITY: $74.2 million series 2008A student housing revenue bonds (//BBB+); negotiated; RBC Capital Markets; bonds due July 1, 2039; proceeds for renovation and conversion of multifamily housing project into student housing for colleges and universities in Buffalo, N.Y.

KENOSHA UNIFIED SCHOOL DISTRICT NO. 1/KENOSHA COUNTY (WISCONSIN): $53.4 million tax and revenue anticipation promissory notes and bond anticipation notes (MIG 1//); PMA Securities (financial adviser); proceeds to finance district operating and maintenance costs and school additions and renovations.

• $33.4 million tax and revenue anticipation promissory notes due Sept. 22, 2009

• $20 million series 2008 bond anticipation notes due 2010

MARION COUNTY CONVENTION AND RECREATIONAL FACILITIES AUTHORITY (INDIANA): $155.965 million series 2008 adjustable rate excise taxes lease rental revenue refunding subordinate bonds (Aaa/AAA/); negotiated; RBC Capital Markets (lead); due June 1, 2027; proceeds to refund a portion of the series 1997A revenue subordinate bonds that mature June 1, 2022 and June 1, 2027.

MARYLAND DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT: $60 million series 2008 residential revenue bonds (Aa2//AA); negotiated; Merrill Lynch & Co. (lead); Goldman, Sachs & Co., Loop Capital Markets, J.P. Morgan Securities Inc., Morgan Stanley, RBC Capital Markets (co-managers); 2008E bonds due 2010 to 2017 and 2008F bonds due 2018, 2023, 2028 and 2038; proceeds for deposit to department's program account and for transfer of funds to draw-down indenture.

• $32 million series 2008E non-AMT bonds

• $28 million series 2008F non-AMT bonds

MARYLAND ECONOMIC DEVELOPMENT CORP.: $98.65 million series 2008 economic development revenue refunding bonds (/AA/A-1+/); negotiated; Banc of America Securities (lead); due July 1, 2038; proceeds to refund series 2004A and 2004B bonds and 2006 multimodal revenue bonds.

MASSACHUSETTS HEALTH AND EDUCATIONAL FACILITIES AUTHORITY/WOODS HOLE OCEANOGRAPHIC INSTITUTION: $65 million series 2008B revenue bonds (/AA-/); negotiated; Banc of America Securities LLC; proceeds to refund the series 2004A variable rate revenue bonds on Nov. 3, pay a termination fee on the bonds' interest rate swap agreement and finance or refinance expenditures that include renovations, equipment, landscaping and other improvements.

MAYOR AND CITY COUNCIL OF BALTIMORE: $180.37 million general obligation consolidated public improvement refunding bonds (Aa2/AA-/); negotiated; Merrill Lynch & Co. (lead); proceeds to refund certain maturities from the series 2001A, 2001B, 2003A and 2003B consolidated public improvement bonds and to terminate hedge agreements on the bonds.

• $171.445 million series 2008C tax-exempt bonds due 2009 to 2022

• $8.925 million series 2008D taxable bonds due 2012

MESA UNIFIED SCHOOL DISTRICT NO. 4 (MARICOPA COUNTY, ARIZ.): $50 million school improvement bonds (Aa3/AA-/); negotiated; RBC Capital Markets (lead); series 2008C bonds due 2009 and 2013 through 2017; proceeds for school improvements and bus purchases.

METROPOLITAN WASHINGTON AIRPORTS AUTHORITY: $175 million series 2008B revenue bonds (Aa3/AA-/AA); negotiated; Siebert Brandford Shank & Co. (lead); proceeds to pay for capital project costs, capitalized interest on outstanding bonds, a deposit to the reserve account and the costs to terminate interest rate swap agreements with Wachovia Bank and the Bank of Montreal.

MISSION CONSOLIDATED INDEPENDENT SCHOOL DISTRICT (TEXAS): $59 million series 2008 unlimited tax school building bonds (Aaa/AAA/); negotiated; Southwest Securities (lead); RBC Capital Markets, Estrada Hinojosa & Co., Piper Jaffray, First Public and Morgan Keegan (co-managers); bonds due 2009 to 2038; proceeds for construction and equipment of school facilities and acquisition of land.

NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY: $63 million debt securities; negotiated; Siebert Brandford Shank (lead).

NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY/SETON HALL UNIVERSITY: $75 million revenue refunding bonds; negotiated; Citigroup Global Markets (lead); proceeds to refund the $50.025 million outstanding from the series 2005C revenue bonds and the $20.2 million outstanding in series 2006A revenue refunding bonds.

• $51 million series 2008D long-term interest rate bonds

• $24 million series 2008E revenue refunding bonds due 2009 to 2028 with terms due 2033 and 2037

NEW JERSEY TURNPIKE AUTHORITY: $325 million series 2008 subordinated turnpike revenue notes (MIG 1//); competitive; proceeds to replace $175 million in XL-insured series 2003D auction-rate bonds.

NEW MEXICO: $500 million series 2008-2009 tax and revenue anticipation notes (MIG 1/SP-1+/); competitive; Fiscal Strategies Group (financial adviser); bonds due June 30, 2009; proceeds to pay for capital expenses until taxes; pricing Nov. 13.

NEW MEXICO HOSPITAL EQUIPMENT LOAN COUNCIL: $225 million series 2008 healthcare system revenue bonds (Aa3/AA-/AA-); negotiated; Goldman, Sachs & Co. (lead); bonds due 2034 and bear interest daily or weekly; proceeds to reimburse Presbyterian Healthcare Services for construction and equipment of buildings needed to operate facility, refunding council's series 2005A and 2005B bonds, refinance a loan used to refund council's series 2004A through 2004D and 1993A bonds.

• $75 million series 2008B

• $75 million series 2008C

• $75 million series 2008D

NEW YORK CITY TRANSITIONAL FINANCE AGENCY: $700 million fixed-rate building aid revenue bonds; negotiated.

NORTH CAROLINA EASTERN MUNICIPAL POWER AGENCY: $57.96 million series 2008C revenue bonds; negotiated; Citigroup Global Markets; terms due 2018 and 2024; proceeds to finance the costs of terminating swap agreements entered into in 2006 and to make a deposit to a reserve account.

ORANGE COUNTY (CALIFORNIA): $100 million series 2008-2009 tax and revenue anticipation notes (MIG 1/SP-1+/F1+); negotiated; De La Rosa & Co. (lead); notes due June 30, 2009; proceeds to fund general cash flow needs through 2008and 2009.

OREGON DEPARTMENT OF ADMINISTRATIVE SERVICES: $60.155 million state lottery revenue bonds; negotiated; Citigroup Global Markets (lead); proceeds to make grants for and pay a portion of the costs of the projects, including the creation through construction and acquisition of 150 units for housing for the homeless; the cost to build digital transmission facilities for Oregon Public Broadcasting; a study and engineering work to widen and deepen the shipping channel at the Port of Coos Bay and deferred building maintenance on seven Oregon University campuses.

• $46.12 million series 2008A

• $14.035 million series 2008B

PANHANDLE-PLAINS HGHER EDUCATION AUTHORITY (TEXAS): $200 million series 2008A1 senior series trust I student loan revenue bonds; negotiated; Banc of America Securities LLC; serial maturities from 2011 through 2023; proceeds to refund outstanding auction-rate bonds and to purchase student loans.

PASCO COUNTY (FLORIDA): $185 million series 2008 water and sewer revenue bonds (Aa3/AA/AA-); negotiated; Morgan Keegan & Co. (lead); Banc of America Securities LLC, Citigroup Global Markets and JPMorgan (co-managers); proceeds to finance county projects.

PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY/ALBERT EINSTEIN HEALTHCARE NETWORK: $88.54 million series 2008A revenue bonds (A3//A-); negotiated; Goldman, Sachs & Co.; serial maturities from 2009 through 2018; proceeds will be used to help refund Hospitals and Higher Education Facilities Authority of Philadelphia series 1998A revenue bonds.

PENNSYLVANIA TURNPIKE COMMISSION: $325 million debt securities; negotiated; Citigroup Global Markets (lead).

PHARR-SAN JUAN-ALAMO INDEPENDENT SCHOOL DISTRICT (TEXAS): $105.8 million series 2008 unlimited tax school building bonds; negotiated; Southwest Securities (lead); Estrada Hinojosa & Co. and Samco (co-managers); bonds due 2009 to 2038; proceeds for construction and equipment of school buildings in district.

PORT OF SEATTLE: $379.716 million customer facility charge revenue bonds (A2/A-/); negotiated; Lehman Brothers; proceeds to pay a portion of the development costs for a consolidated rental car facility and a bus maintenance facility and to make a deposit to the RCF Account.

• $19.415 million series 2008A current interest bonds due Dec. 1, 2023

• $286.775 million series 2008B-1 current interest taxable bonds due 2011 to 2021 and a term due 2027

• $73.52 million series 2008B-2 taxable capital appreciation bonds due 2027 to 2040

PUBLIC GAS PARTNERS (GEORGIA): $165.86 million gas project revenue bonds for Gas Supply Pool No. 1 (A2/A/A); negotiated; J.P. Morgan Securities and Wachovia Bank (lead); 2008A bonds due 2011 to 2018 with term bonds due 2022; 2008B bonds due 2022; proceeds to repay a line of credit used to acquire Gas Supply Pool No. 1.

• $110.36 million series 2008A tax-exempt

• $55.5 million series 2008B taxable

PUBLIC GAS PARTNERS (GEORGIA): $60.11 million gas project revenue bonds for Gas Supply Pool No. 2 (A2/A+/A+); negotiated; J.P. Morgan Securities Inc. and Wachovia Bank (lead); 2008A bonds due 2011 to 2018 with term bonds due 2022 and 2008B bonds due 2022; proceeds repay line of credit used to acquire Gas Supply Pool No. 2.

• $39.905 million series 2008A tax-exempt

• $20.205 million series 2008B taxable

REDMOND 2J SCHOOL DISTRICT (DESHUTES COUNTY, ORE.): $110 million series 2008 general obligation bonds; negotiated; Seattle Northwest Securities Corp.; due 2034; proceeds for capital construction and improvements.

SAN FRANCISCO CITY AND COUNTY AIRPORT COMMISSION: $169.5 million 34A-C senior-lien variable-rate revenue refunding bond, $255 million 34D-E senior-lien fixed-rate revenue refunding bonds, $110 million 34F-G senior-lien variable-rate revenue refunding bonds (A); timing not set.

STATE OF NEW YORK MORTGAGE AGENCY: $120 million homeowner mortgage revenue bonds; negotiated; JPMorgan (lead); Merrill Lynch, Banc of America Securities, Citigroup Global Markets, Goldman, Sachs & Co., Ramirez & Co. and Roosevelt & Co. (co-managers); series 158 bonds due 2009 to 2018 with term bonds due 2028 and 2032; series 159 bonds due Oct. 1, 2038; proceeds to redeem and replace existing obligations of agency.

• $60 million fixed-rate non-AMT series 158 bonds

• $60 million variable-rate non-AMT series 159 bonds

STATE OF OHIO: $56.74 million series 2008B infrastructure improvement general obligation refunding bonds (Aa1/AA+/AA+); negotiated; Citigroup Global Markets (lead); Butler Wick & Co., Edward Jones, Fifth Third Securities, Huntington Investment Group, KeyBanc Capital Markets, Merrill Lynch, Rice Financial Products and Ross, Sinclaire & Associates (co-managers); bonds due 2009 to 2014; proceeds to refund existing obligations.

TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS: $129.6 million single family mortgage revenue bonds; negotiated; JPMorgan (lead); proceeds to purchase mortgage-backed, pass-through certificates.

• $79.6 million in series 2008A revenue bonds due 2011 to 2018 and terms due 2023, 2028, 2033 and 2040

• $50 million in series 2008B variable rate revenue bonds due 2040

TRINITY RIVER AUTHORITY/TARRANT COUNTY (TEXAS): $50.44 million series 2008 revenue bonds (A1/AA/); negotiated; Southwest Securities (lead); serial maturities from 2011 through 2024 and from 2026 through 2028; proceeds to finance $42.3 million of the cost of improvements and extension to the surface water treatment plan and distribution system.

UNIVERSITY OF CINCINNATI: $100 million series 2008F variable-rate demand general receipt bonds (Aa2/AAA/); negotiated; RBC Capital Markets; issuer may elect to have a portion of the bonds converted to a different interest rate which would trip a mandatory tender on a conversion date for purchase at par plus accrued interest; due June 1, 2034; proceeds to refinance the 2004B issue and fund new construction.

VENTURA COUNTY (CALIFORNIA): $155 million series 2008/2009 tax and revenue anticipation notes; negotiated; Merrill Lynch & Co.; due July 1, 2009; proceeds for fiscal year 2008/2009 expenses.

WAKE COUNTY (NORTH CAROLINA): $69.865 million series 2008B general obligation refunding bonds (//F1+); competitive; Waters and Co. (financial adviser); bonds due 2010 to 2015; proceeds refund outstanding series 1998 public improvement bonds.

WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY/THEDACARE: $127.57 million series 2008 revenue bonds (A1//AA-); negotiated; Merrill Lynch & Co.; serial maturities from 2009 through 2020 and terms due 2033 and 2037; proceeds to construct, renovate and equip health care facilities and to refund the outstanding $32 million from the series 1997B bonds and $6.5 million from the series 1999B bonds, which priced through the Community Development Authority of the City of Waupaca, Wis.

XAVIER UNIVERSITY (OHIO): $81.435 million series 2008C higher educational facility revenue bonds (A3/A-/); negotiated; Barclays Capital (lead); bonds due 2010 to 2018 with term bonds due 2023, 2028, 2038 and 2043; proceeds to construct, equip and acquire new quad academic facility, including classrooms, offices, laboratories and commons areas.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.