Municipals Calendar: San Francisco Airport Commission to price $550 million bonds

WEEK OF NOVEMBER 2

HEALTH AND EDUCATIONAL FACILITIES AUTHORITY OF THE STATE OF MISSOURI/THE CHILDREN'S MERCY HOSPITAL: $180.685 million series 2009 health facilities revenue bonds (/A+/); negotiated; Piper Jaffray & Co. (lead); Loop Capital Markets LLC and UMB Bank, NA (co-managers); bonds due 2011 to 2024 with term bonds due 2029 and 2039; proceeds to construct and equip certain facilities operated by the hospital; pricing week of Nov. 2.

NOVEMBER 5

COLUMBUS, OHIO: $279.01 million series 2009 various purpose general obligation bonds (Aaa/AAA/);negotiated; Stifel, Nicolaus & Co. Inc. and J.P. Morgan Securities Inc. (lead); Fidelity Capital Markets Inc., Fifth Third Securities Inc., Huntington Investment Co., RBC Capital Markets Inc. and Rice Financial Products Co. (co-managers); 2009A bonds due 2010 to 2015; 2009B bonds due 2010 to 2019; 2009C bonds due 2013 to 2021 with term bonds due 2013 to 2021 with term bonds due 2025 and 2029; 2009D bonds due 2013 to 2017 with a term bond due 2030; 2009E bonds due 2030; proceeds to fund capital projects from the Department of Health and Department of Public Safety, as well as parks and recreation, transportation, refuse collection electricity and other projects; pricing Nov. 5.

MISSISSIPPI: $62.127 million series 2009 general obligation notes; competitive; notes due Nov. 17, 2010; proceeds fund a variety of grants, including infrastructure, water, railroad, industry and technology grants; pricing Nov. 5.

• $21.875 million in series 2009B taxable G.O. notes

• $40.252 million in series 2009C G.O. notes

SAN FRANCISCO AIRPORT COMMISSION/SAN FRANCISCO AIRPORT: $550 million series 2009 revenue bonds (A1/A/A+); negotiated; Citigroup Global Markets Inc. (lead); bonds due 2020 to 2029 with term bonds due 2034 and2039; proceeds to fund infrastructure improvements to the airport; pricing Nov. 5.

WEEK OF NOVEMBER 9

NOVEMBER 9

SUFFOLK COUNTY WATER AUTHORITY (NEW YORK): $180.535 million series 2009 water system revenue bonds(/AA+/AA+); competitive; Goldman, Sachs & Co. (financial adviser); 2009A bonds due 2011 to 2035; 2009 refunding bonds due 2011 to 2022; 2009B BABs due 2033 to 2035; proceeds to finance authority's five-year capital program, which includes improvements to county's water and sewer system, as well as refund existing debt; pricing Nov. 9.

• $66.395 million series 2009A

• $14.14 million series 2009 refunding

• $100 million series 2009B BABs

NOVEMBER 10

ORANGE COUNTY SANITATION DISTRICT (CALIFORNIA): $165.415 million series 2009B revenue refunding certificate anticipation notes (/SP-1+/F1+); competitive; Public Resources Advisory Group (financial adviser); notes due Dec. 1, 2010; proceeds to refund existing notes.

TRIBOROUGH BRIDGE AND TUNNEL AUTHORITY (NEW YORK): $150 million series 2009 general revenue bond anticipation notes; competitive; Goldman, Sachs & Co. (financial adviser); notes due Nov. 15, 2010; proceeds to capital projects for the authority and refinance existing debt; pricing Nov. 10.

ON THE HORIZON

BREVARD COUNTY (FLORIDA): $58.815 million series 2009 industrial development revenue bonds (/BBB-/); negotiated; Merrill Lynch & Co. (lead); bonds due 2012 to 2014 with term bonds due 2019, 2029 and 2039; proceeds to acquire, furnish, construct and equip the university's student housing complex and main campus.

CONNECTICUT: $600 million series 2009A general obligation economic recovery notes; negotiated; Citigroup Global Markets Inc. (lead); Jackson Securities Inc.; J.P. Morgan Securities Inc.; Morgan Stanley & Co. Inc.; Barclays Capital Inc.; Corby Capital Markets Inc.; Goldman, Sachs & Co.; Loop Capital Markets LLC; Merrill Lynch & Co.; Morgan Keegan & Co. Inc.; Prager, Sealy & Co. LLC; Ramirez & Co. Inc.; Raymond James & Associates Inc.; RBC Capital Markets Inc.; William Blair & Co. (co-managers); bonds due 2012 to 2016; proceeds to fund state's deficit for the fiscal year ended June 30, 2009.

ERIE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/CITY SCHOOL DISTRICT OF THE CITY OF BUFFALO (NEW YORK): $294 million series 2009A school facility revenue bonds (A1/AA-/); negotiated; Citigroup Global Markets Inc. (lead); Loop Capital Markets LLC, Roosevelt & Cross Inc., Siebert Brandford Shank & Co. LLC and Sterne, Agee & Leach Inc. (co-managers); bonds due 2011 to 2031; proceeds to reconstruct existing schools and construct new school facilities in the City of Buffalo.

HAWAII: $655.47 million series 2009 general obligation bonds; negotiated; Merrill Lynch & Co. Inc. (lead); Citigroup Global Markets Inc., Piper Jaffray & Co. and Robert W. Baird & Co. (co-managers for DT, DU, DV and DW bonds); proceeds to refund state's series 2002 through 2007 bonds and construct schools throughout the state.

• $32 million series 2009DS tax credit taxable G.O. qualified school construction bonds

• $594.55 million series 2009DT G.O. refunding bonds

• $2.15 million series 2009DU G.O. refunding bonds

• $8.76 million series 2009DV G.O. refunding bonds

• $18.01 million series 2009DW G.O. refunding bonds

INDIANA BOND BANK/CLARK MEMORIAL HOSPITAL: $52 million series 2009D special program bonds (/AA/); negotiated; Piper Jaffray & Co. and Raymond James & Associates Inc. (lead); proceeds to purchase securities from Clark Memorial Hospital.

INDIANA FINANCE AUTHORITY: $175.715 million series 2009A state revolving fund program bonds (Aaa/AAA/AAA); negotiated; Citigroup Global Markets Inc. and Merrill Lynch & Co. (lead); Andes Capital Group LLC, City Securities Corp., KeyBanc Capital Markets Inc., Loop Capital Markets LLC and Raymond James & Associates Inc. (co-managers); proceeds to provide loans for eligible projects and refund existing debt.

INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF KIRKWOOD (MISSOURI): $172.795 million series 2009 retirement community revenue bonds; negotiated; Ziegler Capital Markets Inc. (lead); proceeds to construct Aberdeen Heights Commons retirement community.

• $98.345 million series 2009A revenue bonds

• $8.075 million series 2009B accelerated redemption reset option securities

• $32.225 million series 2009C-1 tax-exempt mandatory paydown securities

• $33.8 million series 2009C-2 tax-exempt mandatory paydown securities

LUFKIN HEALTH FACILITIES DEVELOPMENT CORP./MEMORIAL HEALTH SYSTEM OF EAST TEXAS: $71.955 million series 2009 revenue refunding and improvement bonds (Baa2/BBB+/); negotiated; Morgan Keegan & Co. Inc. (lead); proceeds to reimburse or finance the construct, acquisition, improvement and rehabilitation of Memorial Health facilities and equipment.

MASSACHUSETTS DEVELOPMENT FINANCE AGENCY: $115.145 million series 2009 senior living facility revenue bonds; negotiated; Ziegler Capital Markets Inc. (lead); proceeds to fund demolition of three homes and a dormitory in Lincoln, Mass., as well as the construction and equipment of a new assisted living facility called The Groves at Lincoln on the site.

• $40.29 million series 2009A bonds

• $5 million series 2009B accelerated redemption reset option securities

• $29.39 million series 2009C-1 tax-exempt paydown securities

• $40.465 million series 2009C-2 tax-exempt mandatory paydown securities

MIAMI: $65 million series 2009 special obligation bonds (A3/A-/A-); negotiated; Merrill Lynch & Co. and RBC Capital Markets Inc. (lead); Goldman, Sachs & Co., Morgan Keegan & Co. Inc. and Raymond James & Associates Inc.; proceeds will be used to fund street and sidewalk improvements throughout the city.

MINNESOTA HOUSING FINANCE AGENCY: $175.695 million series 2009 residential housing finance bonds; negotiated; RBC Capital Markets Inc. and Piper Jaffray & Co. (lead); 2009D bonds due 2011 to 2020 with a term bond; 2009E bonds due Jan. 1, 2013 and July 1, 2013 with term bonds due 2024, 2029, 2034 and 2040; 2009F bonds due 2031; proceeds to fund residential mortgage loans.

• $25.58 million series 2009D non-AMT bonds

• $103.96 million series 2009E non-AMT bonds

• $46.155 million series 2009F AMT variable-rate demand term bonds

PALOMAR POMERADO HEALTH (CALIFORNIA): $224 million certificates of participation (Baa2//BBB); negotiated; Citigroup Global Markets Inc. (lead); proceeds to finance construction, equipment and acquisition of PPH hospital facilities.

RALEIGH, N.C.: $70.005 million series 2009A combined enterprise system revenue refunding bonds (Aa1/AAA/AAA); negotiated; Davenport & Co. LLC (lead); Citigroup Global Markets Inc. and Loop Capital Markets LLC (co-managers); bonds due 2010 to 2023; proceeds to refund existing debt.

SOUTHERN CALIFORNIA PUBLIC POWER AUTHORITY: $170.005 million series 2009A Canyon Power Project revenue notes (MIG 1/SP-1+/F1+); negotiated; Citigroup Global Markets Inc. and Morgan Stanley & Co. Inc. (lead); notes due Aug. 3, 2010; proceeds to retire authority's series 2008A Canyon Power Project revenue notes, as well as provide interim financing to acquire, develop, equip and expand the project.

VIRGINIA HOUSING DEVELOPMENT AUTHORITY: $131.49 million series 2009A non-AMT mortgage bonds (Aaa/AAA/); negotiated; Barclays Capital Inc. (lead); 2009A-1 bonds due 2011 to 2019 with term bonds due 2024, 2029 and 2036; 2009A-2 bonds due 2019, 2024, 2029 and 2035; proceeds to fund mortgage loans.

• $84.25 million series 2009A-1 bonds

• $47.24 million series 2009A-2 bonds

© 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.