Municipals Calendar: William Beaumont Hospital to sell $272.63 million bonds

WEEK OF NOVEMBER 23

NOVEMBER 24

ROYAL OAK HOSPITAL AUTHORITY/WILLIAM BEAUMONT HOSPITAL: $272.625 million series 2009W hospital revenue and refunding bonds (A1//A-); negotiated; Morgan Stanley & Co. Inc. (lead); proceeds will be used to refund hospital's series 2001 and 2003 auction-rate securities and provide capital for improvements; pricing Nov. 24.

UNIVERSITY HEALTH SERVICES INC. (GEORGIA): $151.1 million series 2009 revenue certificates (A1/A+/); negotiated; J.P. Morgan Securities Inc. (lead); proceeds to refund health services' series 1999, 2003 and 2008 certificates; pricing Nov. 24.

ON THE HORIZON

ALABAMA PUBLIC SCHOOL AND COLLEGE AUTHORITY: $145.88 million series 2009D capital improvement pool qualified school construction bonds (Aa2/AA/AA); negotiated; Morgan Stanley & Co. Inc. (lead); Frazer Lanier Co. Inc., Joe Jolly & Co. Inc. and First Tuskegee Bank (co-managers); bonds due Dec. 15, 2026; proceeds to be loaned to qualified schools and colleges for school construction.

CALIFORNIA DEPARTMENT OF WATER RESOURCES: $168 million series AG Central Valley Project water system revenue bonds (Aa2/AAA/); negotiated; Stone & Youngberg (lead); Alamo Capital, BMO Capital Markets GKST Inc., Cabrera Capital Markets LLC, Citigroup Global Markets Inc., De La Rosa & Co. Inc., Grigsby & Associates Inc., Jackson Securities Inc., Merrill Lynch & Co. and RBC Capital Markets Inc. (co-managers); proceeds to refund department's series 1995 and 1997 bonds.

CHICAGO BOARD OF EDUCATION: $254.24 million series 2009G unlimited tax general obligation qualified school construction bonds; negotiated; Goldman, Sachs & Co. and J.P. Morgan Securities Inc. (lead); M.R. Beal & Co. and Ramirez & Co. Inc. (co-managers); proceeds to construct qualified schools in the district.

DEVELOPMENT AUTHORITY OF FULTON COUNTY (GEORGIA): $170.58 million series 2009A revenue bonds (Aa3/AA/); negotiated; SunTrust Robinson Humphrey and Merrill Lynch & Co. (lead); bonds due 2024, 2029, 2033 and 2037; proceeds to refund existing debt.

FLORIDA MUNICIPAL POWER AGENCY: $60.58 million series 2009A revenue bonds (A1//A+); negotiated; Wells Fargo Securities Inc. and Morgan Stanley & Co. Inc. (lead); Stanton Project bonds due 2010 to 2018; Stanton Project II bonds due 2010 to 2019 with a term bond due 2027; St. Lucie bonds due 2010 to 2021; Tri-City bonds due 2010 to 2018; proceeds to refinance loans and fund capital improvements.

• $10.17 million series 2009A Stanton Project revenue bonds

• $6.77 million series 2009A Stanton II Project revenue bonds

• $40.785 million series 2009A St. Lucie Project revenue bonds

• $2.855 million series 2009A Tri-City Project revenue bonds

FRANKLIN COUNTY/NATIONWIDE CHILDREN'S HOSPITAL (OHIO): $100 million series 2009 hospital improvement revenue bonds (Aa2/AA/); negotiated; PNC Capital Markets and J.P. Morgan Securities Inc. (lead); proceeds to construct a new inpatient, outpatient and administrative building.

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

INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF WINCHESTER/VALLEY HEALTH SYSTEM OBLIGATED GROUP (VIRGINIA): $75 million series 2009E hospital revenue bonds (A1/A+/); negotiated; Merrill Lynch & Co. (lead); BB&T Capital Markets, Edward Jones and Wells Fargo Securities Inc. (co-managers); bonds due 2015 to 2019 with term bonds due 2024, 2034., 2039 and 2044; proceeds to expand, improve and equip a four-story bed tower at the Winchester Medical Center, as well as to construct a new parking deck.

JACKSONVILLE, FLA.: $113.185 million series 2009C revenue bonds; negotiated; Wells Fargo Securities Inc. (lead); Citigroup Global Markets Inc., First Southwest Co., Loop Capital Markets LLC and M.R. Beal & Co. (co-manager); 2009C-1 bonds due 2010 to 2016; 2009C-2 bonds due 2017 to 2021; proceeds to finance litigation settlement payments, repay commercial paper and fund capital improvements.

LONG BEACH (CALIFORNIA): $60.265 million series 2009 senior airport revenue bonds (A2/A-/); negotiated; J.P. Morgan Securities Inc. and De La Rosa & Co. (lead); 2009A bonds due 2012 to 2022; 2009B bonds due 2010 to 2016; 2009C bonds due 2024, 2029 and 2039; proceeds to refund city's series 1993 debt and construct a parking structure at the city's airport.

MAINE HEALTH AND HIGHER EDUCATIONAL FACILITIES AUTHORITY: $91.5 million series 2009A revenue bonds (Aa3//AA); negotiated; Morgan Stanley & Co. Inc. and Wachovia Bank, NA; Barclays Capital Inc., Cain Brothers and Merrill Lynch & Co. (co-managers); proceeds to construct, acquire, renovate, improve and equip health care and educational facilities throughout the state.

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

NORTH CAROLINA MEDICAL COMMISSION/FIRSTHEALTH OF THE CAROLINAS: $54.675 million series 2009C health care facilities revenue refunding bonds (Aa3/AA-/AA); negotiated; Citigroup Global Markets Inc. (lead); BB&T Capital Markets Inc., Edward Jones and Wells Fargo Securities Inc. (co-managers); bonds due 2012 to 2019 with term bonds due 2024 and 2030; proceeds to refund FirstHealth's series 2002, 2008A-B and 2009B bonds.

PENNSYLVANIA HOUSING FINANCE AGENCY: $250 million series 2009-106 single family mortgage revenue bonds; negotiated; RBC Capital Markets Inc. and Barclays Capital Inc. (lead); George K. Baum & Co., Janney Montgomery Scott LLC, Merrill Lynch & Co., Morgan Stanley & Co. Inc. and Raymond James & Associates Inc. (co-managers); 2009-106A bonds due 2013 to 2017; 2009-106B bonds due 2010 to 2019 with term bonds due 2024 and 2028; 2009-106C bonds due 2040; proceeds to purchase new mortgage loans.

• $14.645 million series 2009-106A bonds

• $85.355 million series 2009-106B bonds

• $150 million series 2009-106C bonds

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.

RICHMOND COUNTY HOSPITAL AUTHORITY/UNIVERSITY HEALTH SERVICES (GEORGIA): $151.1 million series 2009 revenue anticipation certificates (A1/A+/); negotiated; J.P. Morgan Securities Inc. and Morgan Keegan & Co. (lead); certificates due 2011 to 2019 with term bonds due 2024, 2029 and 2036; proceeds to refund authority's series 1999, 2003 and 2008 bonds.

TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORP. (TEXAS): $53.665 million series 2009 retirement facility revenue bonds; negotiated; Ziegler Capital Markets (lead); 2009A bonds due 2038; 2009B-1 bonds due 2016; 2009-2 bonds due 2014; proceeds to fund construction projects.

TRUST FOR CULTURAL RESOURCES OF THE CITY OF NEW YORK/CARNEGIE HALL: $110 million series 2009A revenue bonds (A1/A+/); negotiated; Citigroup Global Markets Inc. (lead); Morgan Stanley & Co. Inc. and Merrill Lynch & Co.; bonds due 2029 and 2039; proceeds to construct, renovate and upgrade two studio towers at Carnegie Hall, including a new education wing with music rooms, communication technologies and educational support spaces, as well a new rooftop terrace and improvements to the backstage.

TULSA AIPORTS IMPROVEMENT TRUST: $122.18 million series 2009 general airport revenue bonds (A3/BBB+/); negotiated; J.P. Morgan Securities Inc. and BOSC, Inc. (lead); 2009A bonds due 2010 to 2024; 2009B bonds due 2010 to 2031; 2009C bonds due 2010 to 2023; 2009D bonds due 2010 to 2031; proceeds to fund airport improvements.

• $42.29 million series 2009A non-AMT bonds

• $24.98 million series 2009B non-AMT bonds

• $3.975 million series 2009C AMT bonds

• $50.935 million series 2009D taxable refunding bonds

WASHINGTON TOWNSHIP HEALTH CARE DISTRICT (CALIFORNIA): $55 million series 2009A revenue bonds (A3); negotiated; Merrill Lynch & Co. (lead); proceeds to construct, renovate, improve and acquire health facilities operated by the district.

WEST VIRGINIA HOSPITAL FINANCE AUTHORITY/WEST VIRGINIA UNITED HEALTH SYSTEM OBLIGATED GROUP: $104.415 million series 2009C hospital revenue refunding and improvement bonds (A2/A+/); negotiated; Merrill Lynch & Co. (lead); J.P. Morgan Securities Inc. (co-manager); bonds due 2017 to 2024 with term bonds due 2029 and 2039; proceeds to construct, acquire, equip and renovate facilities operated by West Virginia United Health System, as well as refund the authority's series 2008C bonds.

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