E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 7/28/2008 in the Prospect News Municipals Daily.

Municipals Calendar: Puerto Rico Housing to sell $490.02 million

WEEK OF JULY 28

BOARD OF REGENTS AT TEXAS STATE UNIVERSITY: $217 million series 2008 revenue financing system revenue bonds (Aa3/AA-/); negotiated; Lehman Brothers; serial maturities due Aug. 27, 2008 and March 15, 2009 through March 15, 2028; proceeds to refund outstanding debt and acquire, construct, renovate and equip property, buildings and roads for the university system; pricing week of July 28.

IVY TECH COMMUNITY COLLEGE (INDIANA): $65.84 million series 2008L student fee revenue bonds (/AA-/); negotiated; City Securities Corp. (lead); maturities from 2009 through 2027; pricing week of July 28.

PORTLAND, ORE.: $85 million series 2008A water system revenue bonds; proceeds for water system capital improvements; pricing week of July 28.

UNIVERSITY OF MARYLAND MEDICAL SYSTEM: $77.745 million series 2008G and 2008H variable-rate revenue bonds (A3//A); negotiated; JPMorgan (lead); Banc of America Securities LLC (co-managers); proceeds to refund system's series 2004C and 2004D insured auction-rate securities; pricing week of July 28.

JULY 29

CALIFORNIA ACADEMY OF SCIENCES: $287.89 million series 2008 variable-rate demand revenue bonds (A2); negotiated; JPMorgan (lead); proceeds to refund series 2003A, 2005A and 2005B and fund capital projects; pricing July 29.

• $95.605 million series 2008A

• $60.165 million series 2008B

• $48.29 million series 2008C

• $34.52 million series 2008D

• $24.655 million series 2008E

• $24.655 million series 2008F

EASTERN MUNICIPAL WATER DISTRICT (CALIFORNIA): $218.9 million series 2008 water and sewer revenue and refunding variable-rate certificates of participation (Aa3/AA/AA); negotiated; Citigroup Global Markets (for 2008D and 2008F) and Banc of America Securities (for 2008E and 2008G); proceeds refund series 1998A, 2003A and 2003B COPs and provide for capital improvements to water and sewer system; pricing July 29.

• $54.785 million series 2008D

• $64.115 million series 2008E

• $50 million series 2008F

• $50 million series 2008G

LAKELAND, FLA.: $200 million variable-rate energy system revenue and refunding bonds (Aa1/AA+/A1+/AAA/F-1+); negotiated; Goldman, Sachs & Co. (lead for 2008A) and SunTrust Robinson Humphrey (lead for 2008B); bonds due 2037; proceeds to repurchase obligations and provide new money for environmental remediation projects; pricing July 29.

OREGON HOUSING FINANCE AGENCY: $230 million conduit revenue bonds; negotiated; Cain Brothers (lead); variable-rate bonds; proceeds for construction at Mirabella at South Waterfront assisted living facility in Portland; pricing July 29.

PORTLAND, ORE.: $79.395 million series 2008A water system revenue bonds; competitive; Kirkpatrick and Lockhart Preston Gates Ellis LLP (bond counsel); due Nov. 1, 2033; proceeds for water system capital improvements; pricing July 29.

PUERTO RICO HOUSING FINANCE AUTHORITY/PUERTO RICO PUBLIC HOUSING PROJECTS: $374.22 million capital fund modernization program subordinate bonds; negotiated; JPMorgan (lead); serial maturities from Dec. 1, 2008 through Dec. 1, 2018; proceeds for new limited liability company to purchase 33 public housing projects and rehabilitate the properties for public housing; pricing July 29.

PUERTO RICO HOUSING FINANCE AUTHORITY/VIVIENDA MODERNIZATION 1 LLC: $115.8 million series 2008 housing revenue bonds; negotiated; JPMorgan (lead); due Oct. 1, proceeds for new limited liability company to purchase 33 public housing projects and rehabilitate the properties for public housing; pricing July 29.

SAN DIEGO COUNTY (CALIFORNIA): $341 million series 2008A taxable pension obligation bonds (Aa3); proceeds to refund the county's outstanding series 2002B1 auction-rate bonds; pricing July 29.

SNOHOMISH SCHOOL DISTRICT NO. 201 (WASHINGTON): $103.087 million series 2008 unlimited tax general obligation bonds; competitive; Seattle-Northwest Securities Corp. (financial adviser); bonds due 2009 to 2010 and 2016 to 2027; proceeds for renovations and Snohomish High School, renovation and expansion of Valley View Middle School, construction of new elementary schools, construction of aquatic center, other district-wide improvements and acquisition of technology; pricing July 29.

JULY 30

CLARK COUNTY (NEVADA): $70.895 million series 2008 general obligation flood control refunding bonds (Aa1//); competitive; Hobbs, Ong & Associates and Public Financial Management (co-financial advisers); maturities from 2009 through 2017; proceeds to help refund $74.185 million of the $99.87 million outstanding from the series 1998 general obligation flood control bonds; pricing July 30.

CREIGHTON UNIVERSITY/NEBRASKA EDUCATIONAL FINANCE AUTHORITY: $105 million series 2008 adjustable rate revenue and refunding bonds (A2//); negotiated; JPMorgan Securities; proceeds to refund the series 2003 and 2005C insured variable-rate bonds and series 2005 auction-rate bonds; pricing July 30.

MICHIGAN STATE HOSPITAL FINANCE AUTHORITY/MCLAREN HEALTH CARE: $173.965 million series 2008B variable-rate revenue and refunding bonds; pricing July 30.

ST. JOSEPH'S HEALTHCARE SYSTEM (NEW JERSEY): $237 million bonds (Ba1/BBB-/); negotiated; Citigroup Global Markets (lead); bonds due 2013, 2028, 2038; pricing July 30.

VIRGINIA RESOURCES AUTHORITY: $179.485 million series 2008 clean water state revolving fund revenue bonds (Aaa/AAA/AAA); negotiated; Morgan Stanley (lead); BB&T Capital Markets, Loop Capital Markets, Morgan Keegan and Wachovia Securities (co-managers); bonds due 2011 to 2030; proceeds for purchase and acquisition of local obligations issued by local governments within commonwealth to finance or refinance sewer projects; pricing July 30.

JULY 31

AUSTIN COMMUNITY COLLEGE DISTRICT PUBLIC FACILITY CORP./ROUND ROCK CAMPUS: $119.425 million series 2008 lease revenue bonds (Aa3/AA/); negotiated; Wachovia District, N.A., (lead); serial maturities from 2010 through 2033; proceeds to acquire, construct and equip the campus; pricing July 31.

BURLESON INDEPENDENT SCHOOL DISTRICT (TEXAS): $82.6 million series 2008 unlimited tax school building bonds; competitive; Southwest Securities (financial adviser); serial maturities from 2010 through 2024; proceeds to construct, renovate and equip schools; pricing July 31.

CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY: $225 million series 2008 student housing revenue bonds (Baa2); negotiated; Lehman Brothers (lead); proceeds for construction on the University of California at Irvine East Campus Apartments - Phase II; pricing July 31.

ELSINORE VALLEY WATER & SEWER FACILITIES CORP. (CALIFORNIA): $64.645 million series 2008A certificates of participation (A1//A+); negotiated; Stone & Youngberg (lead); COPs bear interest at weekly rate; proceeds to refund the district's series 2000A variable-rate COPs; pricing July 31.

HAYWARD UNIFIED SCHOOL DISTRICT (CALIFORNIA): $100 million series 2008 general obligation bonds (/AA-/); competitive; Government Financial Strategies (financial adviser); maturities in 2009, 2010 and 2021 through 2033; proceeds to acquire and renovate school facilities; pricing July 31.

NEW JERSEY HIGHER EDUCATION STUDENT ASSISTANCE AUTHORITY: $350 million series 2008A student loan revenue bonds; negotiated; Morgan Stanley (lead); maturities from 2014 through 2018 and terms due 2023 and 2030; proceeds to make deposits to the student loan and capitalized interest funds; pricing July 31.

NORTH HARRIS COUNTY REGIONAL WATER AUTHORITY (TEXAS): $241.16 million series 2008 senior lien revenue bonds (/A+/); negotiated; First Southwest Co. (lead); serial maturities from 2013 through 2038; proceeds to the finance the design, acquisition and construction of regional water production, pumping, distribution, storage and administrative facilities, fund 24 months of capitalized interest and fund a debt service reserve fund or surety bond for the series 2008 bonds; pricing July 31.

TURNPIKE AUTHOTIY OF KENTUCKY: $200 million series 2008 revenue bonds (Aa3/AA+/AA-); negotiated; Goldman, Sachs & Co.; pricing July 31.

WEEK OF AUGUST 4

WASTE MANAGEMENT INC./MISSION ECONOMIC DEVELOPMENT CORP. (TEXAS); $70.5 million series 2008 solid waste disposal revenue bonds; negotiated; Banc of America Securities LLC; pricing week of Aug. 4.

AUGUST 4

NEW YORK CITY: $800 million fixed-rate general obligation bonds; negotiated; pricing week of Aug. 4.

AUGUST 5

DALLAS COUNTY COMMUNITY COLLEGE DISTRICT (TEXAS): $220 million series 2008 general obligation refunding and improvement bonds (//AAA); negotiated; Southwest Securities and Ramirez & Co. (lead); Banc of America Securities, JPMorgan, Morgan Keegan, M.R. Beal & Co., RBC Capital Markets and Siebert Brandford Shank & Co. (co-managers); bonds due 2009 to 2028; proceeds to refund district's outstanding commercial paper notes, as well as construct and equip school buildings; pricing Aug. 5.

NEW YORK CITY MUNICIPAL WATER FINANCE AUTHORITY: $350 million variable-rate bonds; negotiated; proceeds for water and sewer capital projects; pricing Aug. 5.

AUGUST 6

BAY AREA TOLL AUTHORITY (CALIFORNIA): $715 million series 2008F1 toll bridge revenue bonds (Aa3//); negotiated; Citigroup Global Markets and Merrill Lynch & Co. (lead); proceeds to refund all $507 million of the authority's outstanding AMBAC-insured auction rate securities and $150 million in AMBAC-insured variable-rate bonds; pricing Aug. 6.

GWINNETT COUNTY WATER AND SEWERAGE AUTHORITY (GEORGIA): $190 million series 2008 revenue bonds; competitive; Public Financial Management (financial adviser); bonds due 2013 to 2028; proceeds for construction projects to water and sewer facilities; pricing Aug. 6.

LOS ANGELES: $101 million series 2008A general obligation bonds; competitive; proceeds to clean polluted storm water, keep pollution from rivers and beaches, protect groundwater and other bodies of water from storm water contamination and reduce flooding; pricing Aug. 6.

AUGUST 7

ORANGE COUNTY (CALIFORNIA): $80 million series 2008/2009 tax and revenue anticipation notes (MIG 1//); negotiated; De La Rosa & Co. (lead); proceeds to fund cash flow requirements for the county's general fund; pricing Aug. 7.

AUGUST 11

OREGON: $105 million single-family housing revenue bonds; negotiated; Bear, Stearns & Co. (lead); proceeds to purchase single-family home mortgages; pricing Aug. 11.

WEEK OF AUGUST 18

NEW YORK STATE THRUWAY AUTHORITY: $350 million fixed-rate second general highway and bridge trust fund bonds; negotiated; pricing week of Aug. 18.

WEEK OF AUGUST 25

NEW YORK STATE THRUWAY AUTHORITY: $350 million fixed-rate transportation bonds; negotiated; pricing week of Aug. 25.

SEPTEMBER 23

NEW YORK CITY TRANSITIONAL FINANCE AGENCY: $700 million fixed-rate building aid revenue bonds; negotiated; pricing Sept. 23.

JULY

FAITH REGIONAL HEALTH SERVICES/HOSPITAL AUTHORITY NO. 1 OF MADISON COUNTY (NEBRASKA): $65.235 million revenue and refunding bonds (/BBB/); negotiated; Wells Fargo Brokerage Services; proceeds to refund $10.125 million series 1998 bonds maturing on and after July 1, 2009, advance refund $13.095 million from the series 2001 bonds and pay for a four-story addition to the existing hospital facility in Norfolk, Neb.; pricing in early July.

• $41.465 million series 2008A1 hospital revenue bonds due 2009 to 2028 and a term in 2033

• $23.77 million series 2008A2 revenue refunding bonds due 2009 to 2021

FLORIDA BOARD OF EDUCATION: $200 million series 2008B lottery revenue bonds (A2/A); competitive; pricing in July.

MEDICAL COLLEGE OF WISCONSIN/WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY: $68.295 million series 2008B variable-rate revenue bonds (A1); negotiated; Goldman, Sachs & Co.; proceeds to refund the series 2004B-1 and 2004B-2 bonds, fund a debt service reserve fund and pay costs of completing the Translational and Biomedical Research Center and other renovations; pricing in July.

SOUTH DAKOTA BUILDING AUTHORITY: $74.235 million series 2008 revenue bonds (/AA-/); negotiated; Banc of America Securities LLC; maturities from 2009 through 2028 and a term due 2033; proceeds to pay for improvements to Custer State Park and construction and renovation costs for 10 buildings on six campuses in the state; pricing in July.

ON THE HORIZON

BROOME COUNTY INDUSTRIAL DEVELOPMENT AGENCY/GOOD SHEPHERD VILLEAGE AT ENDWELL: $64.65 million continuing care retirement community revenue bonds; negotiated; Herbert J. Sims & Co.; proceeds to pay a portion of the costs of acquiring, constructing and equipping the continuing care facility and to fund capitalized interest on the bonds for 21 months.

• $23.16 million series 2008A fixed-rate revenue bonds

• $18.31 million series 2008B variable-rate bonds (/A/)

• $23.18 million series 2008C variable rate bonds (/A/)

CATHOLIC HEALTH INITIATIVES/COLORADO HEALTH FACILITIES AUTHORITY/MONTGOMERY COUNTY, OHIO: $250 million revenue bonds; negotiated; J.P. Morgan Securities Inc. and UBS Investment Bank; proceeds to refund series 2006C2, C4, C6 and C8 bonds and the Ohio-priced series 2006C2 bonds.

• $40 million series 2008C2

• $40 million series 2008C4

• $60 million series 2008C5

• $60 million series 2008C8

• $50 million series 2008C bonds (Ohio)

CHICAGO TRANSIT AUTHORITY: $1.79 billion sales and transfer tax receipts revenue bonds (P)Aa3; proceeds will be deposited into the authority's employee retirement plan and used to create a retiree health care trust.

• $1.213.045 billion series 2008A bonds

• $577.63 million series 2008B bonds

CHILDREN'S HOSPITAL LOS ANGELES: $150 million series 2008 variable-rate revenue bonds; negotiated; Banc of America Securities LLC (lead); 2008A bond due 2023, 2008B bonds due 2031, 2008C bonds due 2034; proceeds to refund hospital's series 2002 and 2004B bonds.

• $50 million series 2008A

• $50 million series 2008B

• $50 million series 2008C

CHILDREN'S TRUST (COMMONWEALTH OF PUERTO RICO): $205.29 million tobacco settlement asset-backed bonds; negotiated; Citigroup Global Markets (lead); maturity of May 15, 2058; proceeds to pay for government operating expenses and to fund grants.

• $157.912 million series 2008A

• $47.378 million series 2008B

CITIZENS PROPERTY INSURANCE CORP. (FLORIDA): $1.5 billion series 2008A1 high-risk senior-secured bonds (A2/A+/); negotiated; Goldman, Sachs & Co. (lead); bonds due 2011 to 2013; proceeds to provide resources to high-risk accounts, pending a need to pay policy claims and other expenses from future storms.

CITY OF ST. LOUIS PARK/PARK NICOLLET HEALTH SERVICES (MINNESOTA): $221.045 million series 2008C health care facilities revenue refunding bonds (/A/); negotiated; Morgan Stanley and Wells Fargo Brokerage Services LLC; proceeds to refund the series 2003A periodic auction reset revenue bonds, pay interest rate swap termination fees and fund a debt service reserve fund.

CULINARY INSTITUTE OF AMERICA/DORMITORY AUTHORITY OF THE STATE OF NEW YORK: $57 million variable-rate bonds.

DEPAUL UNIVERSITY/ILLINOIS FINANCE AUTHORITY: $500 million bonds

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.

DYNAMIC FUELS LLC/LOUSIANA STATE BOND COMMISSION: $100 million Gulf Opportunity Zone bonds; proceeds to fund the company's first renewable synthetic fuels facility in Geismar, La.

ENLOE MEDICAL CENTER (CALIFORNIA): $65.815 million series 2008A revenue bonds; negotiated; Merrill Lynch (lead); proceeds for construction of new patient tower, emergency room and parking structure that meet seismic compliance standards.

FAIRFIELD, CONN.: $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 DEPARTMENT OF ENVIRONMENTAL PROTECTION: $168 million series 2008B Florida Forever revenue bonds (A1//); competitive; 18-hour notice.

FRANKLIN/OHIOHEALTH CORP. (OHIO): $186.7 million series 2008A refunding revenue bonds (/AA/AA); negotiated; Citigroup Global Markets; due Nov. 15, 2033; proceeds to refund outstanding debt.

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.

HEALTH AND EDUCATIONAL FACILITES BOARD OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY/VANDERBILT UNIVERSITY (TENNESSEE): $353.31 million series 2008A, 2008B and 2008C revenue refunding bonds (Aa2/AA/AA); negotiated; Merrill Lynch & Co. (lead); Goldman, Sachs & Co. and J.P. Morgan Securities Inc. (co-managers); proceeds to retire commercial paper and refund series 1997A and series 1998A revenue refunding bonds.

HOSPITAL AUTHORITY NO. 2 OF DOUGLAS COUNTY (NEBRASKA): $59.935 million series 2008B health facilities revenue refunding bonds (A2); negotiated; Piper Jaffray (lead); bonds due 2013 to 2023 with term bonds due 2028 and 2032; proceeds for capital improvements at Children's Hospital and refund series 2007A and 2007B bonds.

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.

HOUSTON INDEPENDENT SCHOOL DISTRICT (TEXAS): $385.4 million series 2008 limited tax schoolhouse bonds; negotiated; Merrill Lynch & Co. (lead); serial maturities from 2012 through 2033; proceeds to construct, equip and acquire school buildings and sites.

ILLINOIS FINANCE AUTHORITY: $380 million series 2008 revenue bonds (/A-/AA-); negotiated; Goldman, Sachs & Co. and Morgan Stanley (lead); Loop Capital Markets and Cabrera Capital Markets; series 2008A bonds due 2033 and 2047; series 2008B bonds due 2015 to 2023 with term bonds due 2028 and 2039; proceeds to construct a new children's hospital, refund existing bonds and make deposit to a debt service reserve fund.

• $210 million series 2008A

• $170 million series 2008B

INDUSTRIAL DEVELOPMENT BOARD OF MOBILE (ALABAMA): $246.5 million pollution control revenue bonds (A2/A); remarketing; Morgan Keegan & Co. (lead); mature June 1, 2034; pricing mid-March.

• $86.5 million series 2007-A bonds

• $80 million series 2007-B bonds

• $80 million series 2007-C bonds

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.

LIFE UNIVVERSITY/DEVELOPMENTN AUTHORITY OF THE CITY OF MARIETTA (GEORGIA): $70.04 million university facilities and refunding bonds; negotiated; Citigroup Global Markets; terms due 2018, 2028 and 2039; proceeds to refund the outstanding $9.555 million from series 1995A refunding first mortgage revenue bonds and the outstanding $17.15 million from series 1995B first mortgage revenue bonds and finance construction and renovation projects for the university, including a 300-bed student housing facility and a 600-space parking deck.

LONE STAR COLLEGE SYSTEM (TEXAS): $150 million series 2008 limited tax general obligation bonds; negotiated; Morgan Keegan & Co.

LOYOLA UNIVERSITY/ILLINOIS FINANCE AUTHORITY: $95 million bonds

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.

MASSACHUSETTS INSTITUTE OF TECHNOLOGY/MASSACHUSETTS HEALTH AND EDUCATIONAL FACILITIES AUTHORITY: $335 million series 2008N revenue bonds; negotiated; Lehman Brothers and Morgan Stanley (lead); proceeds for capital improvements.

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.

MTA BRIDGES AND TUNNELS (NEW YORK): $350 million series 2008B dedicated tax fund bonds; proceeds to refinance existing outstanding debt.

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

NEW JERSEY TURNPIKE AUTHORITY: $325 million series 2008 subordinated turnpike revenue notes (MIG1); competitive; proceeds replace $175 million in XL-insured series 2003D auction-rate bonds.

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

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

• $73.526 million series 2008B-2 taxable capital appreciation bonds due 2027 to 2040

REDLANDS UNIFIED SCHOOL DISTRICT (CALIFORNIA): $50 million general obligation bonds; negotiated; Piper Jaffray (lead).

RENTECH: $175 million tax-exempt GO ZONE bonds; proceeds for a planned synthetic fuels and chemicals facility near Natchez, Miss.; pricing authorization until 2010.

ROCKWALL INDEPENDENT SCHOOL DISTRICT (TEXAS): $90 million series 2008 unlimited tax school building bonds; negotiated; Southwest Securities (lead); Citigroup Global Markets, First Southwest Co., Morgan Keegan and Morgan Stanley (co-managers); current interest bonds due 2032 to 2034; premium capital appreciation bonds due 2014 to 2032; proceeds for construction, equipment and acquisition of new school buildings in district.

• $67.25 million current interest bonds

• $22.75 million premium capital appreciation bonds

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.

SCRIPPS HEALTH/CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY: $96.495 million series 2008A revenue bonds; negotiated; Citigroup Global Markets; proceeds to refund the series 1991B variable-rate revenue bonds and series 1998A and 1998B insured variable-rate revenue bonds.

SOUTH CAROLINA PUBLIC SERVICE AUTHORITY (SANTEE COOPER): $93.155 million revenue obligation bonds; negotiated; Goldman, Sachs & Co. (lead), Citigroup Global Markets; Bear, Stearns & Co.; Merrill Lynch & Co.; and Morgan Stanley (co-managers); proceeds will be used to refund series 1997 A refunding bonds.

TENNESSEE HOUSING DEVELOPMENT AGENCY: $50 million series 2008A homeownership program bonds; negotiated; Merrill Lynch and Morgan Keegan (lead); 2008A2 bonds due 2010 to 2018 with term bonds due 2022 and 2027; 2008B2 bonds due 2013 and 2027; proceeds for agency's loan fund and deposit to a debt service reserve fund.

• $44.325 million series 2008A2

• $5.675 million series 2008B2

UNIVERSITY OF ARKANSAS: $51.415 million series 2008 various facility revenue bonds (Aa3); negotiated; Stephens Inc. and Crews & Associates (lead); 2008A bonds due 2011 to 2028 with term bonds due 2033 and 2038 and 2008B bonds due 2010 to 2018 with term bonds due 2023 and 2028; proceeds for capital improvements at Fayetteville campus.

• $36.98 million series 2008A

• $15.435 million series 2008B

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

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.

UNO CHARTER SCHOOL NETWORK/ILLINOIS FINANCE AUTHORITY: $80 million bonds.

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.

WASHINGTON HEALTH CARE FACILITIES AUTHORITY/CATHOLIC HEALTH INITIATIVES: $119.7 million series 2008A revenue bonds; negotiated; J.P. Morgan Securities Inc. (lead for 2008A-4 and 2008A-6); UBS Investment Bank (lead for 2008A-5); proceeds will refund series 2007A auction-rate bonds.

• $50 million series 2008A-4 bonds

• $50 million series 2008A-5 bonds

• $19.7 million series 2008A-6 bonds

WASHINGTON HEALTH CARE FACILITIES AUTHORITY/HIGHLINE MEDICAL CENTER: $128.52 million series 2008 insured mortgage revenue bonds (Aaa/AAA/); negotiated; Banc of America Securities LLC (lead); proceeds to refund and redeem the outstanding $15.38 million from series 1993 revenue bonds and $16 million from series 1998 revenue bonds; pay for costs to renovate, acquire, construct and equip healthcare facilities and pay the costs of credit enhancement for the series 2008 bonds.

WEST PALM BEACH (FLORIDA): $100.385 million series 2008C utility system variable-rate revenue bonds; negotiated; Citigroup Global Markets; due Oct. 1, 2038; proceeds to repair and upgrade the water system.


© 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.