Municipals Calendar: Brooklyn Arena to sell $500 million revenue bonds

WEEK OF DECEMBER 14

NEW YORK MUNICIPAL BOND BANK AGENCY: $189.29 million series 2009 recovery act bonds; negotiated; Jefferies & Co. (lead); M.R. Beal & Co., RBC Capital Markets Corp. and Wells Fargo Securities Inc. (co-managers); 2009A-1 bonds due 2010 to 2020; 2009A-2 bonds due 2013 to 2019 with term bonds due 2024; 2009A-3 bonds due 2024 and 2029; 2009B-1 bonds due 2010 to 2029 with a term bond due 2035; 2009B-2 bonds due 2029 and 2033; 2009B-3 bonds due 2035; 2009C-1 bonds due 2011 to 2023; 2009C-2 bonds due 2013 to 2019 with term bond due 2028; 2009C-3 bonds due 2029; proceeds to distribute funds to local municipalities for various uses; pricing week of Dec. 14.

• $50.4 million series 2009A bonds

• $33.169 million series 2009B bonds

• $105.721 million series 2009C bonds

DECEMBER 15

BROOKLYN ARENA LOCAL DEVELOPMENT CORP. (NEW YORK): $500 million series 2009 pilot revenue bonds (Baa3/BBB/); negotiated; Goldman, Sachs & Co. (lead); proceeds to fund Barclays Center project; pricing Dec. 15.

CONNECTICUT: $450 million series 2009B taxable general obligation bonds; negotiated; Morgan Stanley & Co. Inc. (lead); Goldman, Sachs & Co., Merrill Lynch & Co., Siebert Brandford Shank & Co. LLC, J.P. Morgan Securities Inc., Loop Capital Markets LLC, Ramirez & Co. Inc., Wachovia Bank NA and William Blair & Co. (co-managers); bonds due 2020 to 2029; proceeds to fund capital needs; pricing Dec. 15.

GREATER ORLANDO AVIATION AUTHORITY (FLORIDA): $92.06 million series 2009C airport facilities revenue bonds (Aa3/A+/AA-); negotiated; J.P. Morgan Securities Inc. (lead); Merrill Lynch & Co., Morgan Stanley & Co. Inc., Raymond James & Associates Inc., Citigroup Global Markets Inc., Estrada Hinojosa & Co. Inc., FirstSouthwest Co., Gardnyr Michael Capital, Jefferies & Co., Loop Capital Markets LLC, M.R. Beal & Co., RBC Capital Markets Corp. and SunTrust Robinson Humphrey (co-managers); proceeds to fund aviation improvements; pricing Dec. 15.

NEW HAMPSHIRE: $125 million series 2009 general obligation capital improvement bonds; competitive; Public Resources Advisory Group (financial adviser); 2009B bonds due 2011 to 2017; 2009C bonds due 2017 to 2029; proceeds to fund capital projects; pricing Dec. 15.

PARTNERS HEALTH CARE SYSTEM INC. (MASSACHUSETTS): $350 million series 2009J health care system revenue bonds (Aa2/AA/AA); negotiated; J.P. Morgan Securities Inc. (lead); bonds due 2039; proceeds to fund improvements to the health care system; pricing Dec. 15.

ST. LOUIS PARK (MINNESOTA)/PARK NICOLLET HEALTH SERVICES: $191.66 million series 2009 health care facilities revenue refunding bonds (/A/); negotiated; Morgan Stanley & Co. Inc. and Wells Fargo Securities Inc. (lead); proceeds to refund health system's series 2008A-B bonds, as well as terminate a swap agreement connected to those bonds; pricing Dec. 15.

DECEMBER 16

MARYLAND HEALTH AND HIGHER EDUCATIONAL FACILITIES AUTHORITY/UNIVERSITY OF MARYLAND MEDICAL SYSTEM: $241.49 million series 2010 revenue bonds (A2/A/A); negotiated; J.P. Morgan Securities Inc. and Merrill Lynch & Co. (lead); BMO Capital Markets LLC, Loop Capital Markets LLC and M&T Securities Inc. (co-managers); bonds due 2010 to 2019 with term bonds due 2024, 2029, 2034 and 2039; proceeds to fund additional facilities costs for the medical system; pricing Dec. 16.

DAY-TO-DAY

HILLSBOROUGH COUNTY (FLORIDA): $63.63 million series 2009 general obligation bonds (Aa1/AAA/AA+); competitive; Public Financial Management Inc. (financial adviser); 2009A bonds due 2012 to 2019; 2009B bonds due 2020 to 2039; proceeds to fund environmental protection projects within the county; pricing day-to-day before Dec. 15.

• $12.655 million series 2009A bonds

• $50.705 million series 2009B bonds

ON THE HORIZON

ADELANTO PUBLIC UTILITY AUTHORITY: $77.43 million series 2009A fixed-rate refunding revenue bonds; negotiated; Stone & Youngberg (lead); proceeds to refund authority's series 2005 and fund capital improvements to city's water system.

ARLINGTON COUNTY (VIRGINIA): $76.185 million series 2009D general obligation refunding bonds (Aaa/AAA/AAA); negotiated; Morgan Stanley & Co. Inc. (lead); bonds due 2011 to 2021; proceeds to refund existing county debt.

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.

CITY OF LOS ANGELES (CALIFORNIA): $117.35 million solid waste resources revenue bonds (Aa3/AA/AA-); negotiated; Stone & Youngberg LLC (lead); Cabrera Capital Markets, LLC. (co-manager); proceeds to refund the outstanding series 2001A bonds and to finance the acquisition of solid waste trucks, equipment and automated recycling containers.

• $67.435 million series 2009A bonds due 2010-2022

• $49.915 million series 2009B bonds due 2010-2020

COMMUNITY DEVELOPMENT AUTHORITY OF THE CITY OF MADISON/WISCONSIN ALUMNI FOUNDATION RESEARCH PROJECT: $150 million series 2009 development revenue bonds; negotiated; Merrill Lynch & Co. (lead); proceeds to reimburse foundation for the construction of a research building at the University of Wisconsin.

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.

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/MARYMOUNT MANHATTAN COLLEGE: $50 million series 2009 revenue bonds (Baa2); negotiated; Merrill Lynch & Co. and George K. Baum & Co. (lead); proceeds to refund college's series 1999 bonds.

FLORIDA HOUSING FINANCE CORP.: $620 million series 2010 homeowner mortgage revenue bonds; negotiated; RBC Capital Markets Corp. (lead); Citigroup Global Markets Inc., Morgan Stanley & Co. Inc., George K. Baum & Co., Merrill Lynch & Co. and Morgan Keegan & Co. Inc. (co-managers); series 2010A-1 bonds due 2012 to 2019 with term bonds due 2024, 2027 and 2028; series 2010A-2 bonds due 2041; series 2010B bonds due 2042; proceeds to fund mortgage loans.

• $80 million series 2010A-1 non-AMT bonds

• $120 million series 2010A-2 non-AMT bonds

• $420 million series 2010B taxable convertible bonds

ILLINOIS: $375 million series 2009B sales tax revenue bonds; negotiated; Cabrera Capital Markets LLC (lead); Siebert Brandford Shank & Co. LLC, Jefferies & Co., Ross, Sinclaire & Associates Inc. and Ramirez & Co. Inc. (co-managers); bonds due 2011 to 2034; proceeds to fund capital projects.

ILLINOIS FINANCE AUTHORITY/RESURRECTION HEALTH CARE CORP.: $110 million series 2009 revenue refunding bonds (Baa1/BBB+/BBB+); negotiated; Merrill Lynch & Co. (lead); Cabrera Capital Markets LLC and Loop Capital Markets LLC (co-managers); proceeds to refund Resurrection's series 2008 bonds.

INDIANA BOND BANK: $67.16 million series 2009 tax credit qualified school construction bonds (/AA+/); negotiated; City Securities Corp. and J.P. Morgan Securities Inc.; bonds due 2019 and 2025; proceeds to construct qualified schools throughout the state.

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.

INDIANPOLIS LOCAL PUBLIC IMPROVEMENT BOND BANK: $112.275 million series 2009I-J and 2010A-D bond bank notes; negotiated; City Securities Corp. (lead); proceeds to fund general capital projects.

• $14.3 million series 2009I notes

• $10.7 million series 2009J notes

• $39.4 million series 2010A notes

• $34.875 million series 2010B notes

• $6.2 million series 2010C notes

• $6.8 million series 2010D notes

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

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

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.

SCHOOL DISTRICT OF THE CITY OF DETROIT: $123.24 million series 2009A unlimited tax school building and site general obligation bonds; negotiated; J.P. Morgan Securities Inc. and Siebert Brandford Shank & Co. LLC (lead); Loop Capital Markets LLC, Citigroup Global Markets Inc. and PNC Capital Markets LLC (co-managers); bonds due May 1, 2025; proceeds to purchase land and construct schools at qualified schools within the district.

SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 5/OREGON HEALTH AND SCIENCE UNIVERSITY VACCINE AND GENE THERAPY INSTITUTE FLORIDA CORP.: $68.455 million series 2009 research facilities revenue bonds; negotiated; Prager, Sealy & Co., LLC; proceeds to finance or reimburse for the costs of building and land improvement projects.

TENNESSEE HOUSING DEVELOPMENT AGENCY: $400 million housing finance program bonds; negotiated and private placement; Morgan Keegan & Co., Inc. (lead); RBC Capital Markets Corp.; Merrill Lynch & Co.; Citigroup Global Markets Inc.; Raymond James & Associates, Inc.; M.R. Beal & Co.; and Duncan-Williams, Inc. (co-managers); proceeds will be used for fund deposits.

• $40 million series 2009A1 bonds

• $60 million series 2009A2 bonds

• $300 million series 2009B bonds

TRUSTEES OF THE UNIVERSITY OF ARKANSAS: $51.935 million series 2009A various facility revenue bonds (Aa3); negotiated; Crews & Associates and Stephens Inc. (lead); bonds due 2011 to 2029 with term bonds due 2034 and 2039; proceeds to fund improvements to the university's Fayetteville, Ark., campus.

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.

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