Municipals Calendar: Ohio to bring $186.6 million G.O.s

WEEK OF APRIL 27

STATE OF OHIO: $186.58 million series 2009 general obligation refunding bonds (Aa1/AA+/AA+); negotiated; Merrill Lynch & Co. Inc. and Fifth Third Securities Inc. (lead), Barclays Capital Inc., Citigroup Global Markets Inc., Edward D. Jones & Co., The Huntington Investment Co., J.P. Morgan Securities Inc., KeyBanc Capital Markets Inc., and Morgan Stanley & Co. Inc. (co-managers); all bonds due 2012 to 2020; proceeds from higher education bonds refund outstanding bonds used for state-support or state-assisted higher education facilities; proceeds from common schools bonds to refund bonds used for common schools projects; proceeds from infrastructure bonds to refund bonds used for local subdivision capital improvement projects; pricing week of April 27.

• $73.255 million series 2009B higher education G.O. refunding bonds

• $63.39 million series 2009B common schools G.O. refunding bonds

• $49.935 million series 2009B infrastructure G.O. refunding bonds

APRIL 28

COUNTY OF NASSAU (NEW YORK): $105 million series 2009 general obligation bonds (A2/A+/A+); competitive; Public Financial Management Inc. (financial adviser); 2009A bonds due 2011 to 2029 and 2009B bonds due 2011 to 2034; proceeds refinance a portion of county's outstanding bond anticipation notes; pricing April 28.

• $90 million series 2009A

• $15 million series 2009B

APRIL 29

CARY, N.C.: $96.21 million series 2009 general obligation public improvement bonds; competitive; Davenport & Co. LLC (financial adviser); 2009A bonds due 2012 to 2029 and 2009B bonds due 2010 to 2020; proceeds to construct, acquire and equip street improvements and refund series 1996, 1998 and 2001 bonds; pricing April 29.

• $53 million series 2009A general obligation public improvement bonds

• $43.21 million series 2009B general obligation public improvement refunding bonds

MARYLAND DEPARTMENT OF TRANSPORTATION: $110 million series 2009 consolidated transportation bonds; competitive; Public Financial Management Inc. (financial adviser); bonds due 2012 to 2024; proceeds to implement the department's highway, transit, port and aviation projects; pricing April 29.

OKLAHOMA COUNTY INDEPENDENT SCHOOL DISTRICT NO. 89: $54 million general obligation bonds; competitive; Oppenheimer & Co. (financial adviser); serial bonds due 2009 to 2024, $3.855 million per bond; bonds due 2020 to 2024 callable after July 1, 2019; proceeds for general budgetary purposes; pricing April 29.

TRANSMISSION AGENCY OF NORTHERN CALIFORNIA: $131.83 million series 2009 California-Oregon Transmission Project revenue refunding bonds (Aa3/A+/A+); negotiated; J.P. Morgan Securities Inc. and Citigroup Global Markets Inc. (lead); Goldman, Sachs & Co.; Merrill Lynch & Co. Inc.; and Morgan Stanley& Co. Inc. (co-managers); series A bonds due 2017 to 2024 and series B bonds due 2011 to 2016; proceeds to refund series 2003 bonds; pricing April 29.

• $69.73 million series 2009A

• $62.1 million series 2009B taxable

WEEK OF MAY 4

MAY 5

CITY OF OLATHE (KANSAS): $77.395 million series 2009 general obligation temporary notes/series 212 G.O. bonds; competitive; series 2009A G.O. notes are due June 1, 2010; G.O. bonds due 2010 to 2029; proceeds for capital improvements; pricing May 5.

• $55.745 million series 2009A general obligation temporary notes

• $21.65 million series 212 general obligation bonds

MAY 7

JOHNSON COUNTY UNIFIED SCHOOL DISTRICT NO. 233 (KANSAS): $152.835 million general obligation refunding bonds; competitive; Springsted Inc. (financial adviser); proceeds refund existing bonds; pricing May 7.

• $95 million series 2009A bonds, maturities from 2014 to 2029

• $22.45 million series 2009B bonds, maturities from 2010 to 2018

• $35.385 million series 2009C bonds, maturities from 2010 to 2016

MAY

ALASKA HOUSING FINANCE CORP.: $160 -$240 million home mortgage revenue refunding bonds; variable-rate bonds; proceeds refund outstanding bonds; pricing in late May.

DAY-TO-DAY

CITIZENS PROPERTY INSURANCE CORP. (FLORIDA): $2 billion series 2009A-1 (A2/A+/) and series 2009A-2 senior secured bonds (MIG 1/SP-1+/); negotiated; Goldman, Sachs & Co. (lead); Citigroup Global Markets Inc., Morgan Stanley & Co. Inc., Merrill Lynch & Co. Inc., J.P. Morgan Securities Inc., Wachovia Bank and Loop Capital Markets LLC (co-managers); 2009A-1 bonds due 2016 and 2009A-2 bonds due 2010; proceeds to make deposit to reserve accounts; pricing day-to-day.

ON THE HORIZON

BERKS COUNTY MUNICIPAL AUTHORITY (PENNSYLVANIA): $180 million series 2009 variable-rate revenue bonds (Aa3/AA/AA-); negotiated; RBC Capital Markets Corp. (lead); BB&T Capital Markets (co-managers); 2009A-1 bonds due Nov. 1, 2044; 2009A-2 bonds due Nov. 1, 2037; proceeds to refinance Reading Hospital and Medical Center series 2005 and 2007 variable-rate revenue bonds.

• $100 million series 2009A-1

• $80 million series 2009A-2

BOARD OF REGENTS OF THE TEXAS A&M UNIVERSITY SYSTEM: $217.5 million permanent university fund bonds; competitive; First Southwest Co. (financial adviser); proceeds to refund a portion of the series 1998 university fund bonds and for university improvements; pricing between March 10 and Aug. 31.

• $152.43 million series 2009A bonds due 2019-2034

• $65.065 million series 2009B bonds due 2010-2034

BOARD OF REGENTS OF THE UNIVERSITY OF HOUSTON SYSTEM: $114.07 million series 2009 consolidated revenue and refunding bonds (Aa3/AA-/); negotiated; RBC Capital Markets, Depfa First Albany Securities, Loop Capital Markets LLC and Ramirez & Co. (underwriters); bonds due 2009 to 2033; proceeds for acquisition, purchase, construction, improvement, enlargement and equipment of property, buildings, structures, activities, services, operations and other facilities, roads or infrastructure throughout the university system. The remainder will be used to defease certain outstanding notes.

CATHOLIC HEALTH FACILITIES FINANCING AUTHORITY/INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF MARICOPA (ARIZONA)/CATHOLIC HEALTHCARE WEST: $590.6 million series 2009 variable-rate bonds; negotiated; J.P. Morgan Securities Inc. and Citigroup Global Markets Inc. (lead); proceeds to fund capital expenses at Catholic Healthcare West and refund current interest bonds.

CHAWANAKEE UNIFIED SCHOOL DISTRICT (CALIFORNIA): $68.485 million series 2009 certificates of participation (/A-/); negotiated; Southwest Securities Inc. (lead); series 2009A COPs due May 1, 2039; series 2009B bonds due 2011 to 2026 with term bonds due 2029, 2034 and 2039; proceeds to construct new school facilities and repair existing facilities and make deposits to capitalized interest account and a certificates reserve fund.

• $54.96 million series 2009A COPs

• $13.525 million series 2009B COPs

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.

ECONOMIC DEVELOPMENT AUTHORITY OF NORFOLK/SENTARA HEALTHCARE (VIRGINIA): $201.505 million hospital facilities revenue and refunding bonds (Aa2/AA/); negotiated; Citigroup Global Markets Inc.; proceeds will refund the series 2004A, 2004B and 2004C revenue bonds.

• $68.925 million in series 2009A long-term interest rate bonds

• $68.92 million in series 2009B long-term interest rate bonds

• $63.66 million in series 2009C weekly interest rate bonds

GROSSMONT UNION HIGH SCHOOL DISTRICT (CALIFORNIA): $60 million series 2009A general obligation bonds (Aa3/AA-/); negotiated; De La Rosa & Co. (lead); Stone & Youngberg LLC, Merrill Lynch & Co. Inc. and Citigroup Global Markets Inc. (co-managers); proceeds to construct, improve and modernize various facilities within the district.

HEALTH CARE AUTHORITY FOR BAPTIST HEALTH (ALABAMA): $110.88 million series 2009A bonds (Aa3/BBB+/); negotiated; Merchant Capital LLC (lead); due May 15, 2036; proceeds to refund bridge loan issued in 2008.

INDIANA BOND BANK: $75 million series 2009 common school fund advancement purchase funding bonds; negotiated; Raymond James & Associates, Inc. (lead); RBC Capital Markets Corp. (co-manager); proceeds to purchase all or a portion of loans from various schools.

MASSACHUSETTS: $325 million series 2009B general obligation bond anticipation notes; negotiated; Goldman, Sachs & Co. (lead); Banc of America Securities LLC, Citigroup Global Markets, Morgan Stanley & Co. Inc., Merrill Lynch & Co., Edward D. Jones & Co., J.P. Morgan Securities Inc., Ramirez & Co., Siebert Brandford Shank & Co. and Stifel Nicolaus (co-managers); notes due Sept. 30, 2009; proceeds for current expenses.

MASSACHUSETTS WATER POLLUTION ABATEMENT TRUST: $443.44 million series 14 state revolving fund bonds (//AAA); negotiated; Morgan Stanley & Co. and Siebert Brandford Shank & Co. LLC (lead); Banc of America Securities LLC, Citigroup Global Markets Inc., Goldman, Sachs & Co., J.P. Morgan Securities Inc., Merrill Lynch & Co., Ramirez & Co. Inc., Barclays Capital Inc., Butler Wick & Co. Inc., Cabrera Capital Markets LLC, Corby Capital Markets, Inc., Depfa First Albany Securities LLC, Fidelity Capital Markets Services, Jackson Securities LLC, Lebenthal & Co. LLC, Loop Capital Markets LLC, Morgan Keegan & Co. Inc., M.R. Beal & Co., Raymond James & Associates Inc., SBK-Brooks Investment Corp., Southwest Securities Inc., Sterne, Agee & Leach, Inc. and Wachovia Bank (co-managers); serial maturities from Aug. 1, 2009 through Aug. 1, 2028 and a term due 2038; proceeds to finance or refinance water pollution abatement and drinking water projects.

MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA: $200 million series 2009A bond anticipation notes; negotiated; Citigroup Global Markets Inc. and Morgan Stanley & Co. (lead); notes due 2010; proceeds to construct authority's non-power purchase agreement projects.

OHIOHEALTH CORP./FRANKLIN COUNTY (OHIO): $165.8 million refunding revenue bonds (Aa2//AA); negotiated; Citigroup Global Markets Inc.; proceeds to redeem outstanding debt.

• $82.9 million series 2009A

• $82.9 million series 2009B

PINELLAS COUNTY HEALTH FACILITY AUTHORITY/BAYCARE HEALTH SYSTEMS (FLORIDA): $200 million series 2009A healthcare system revenue bonds; negotiated; Merrill Lynch & Co. (series 2009A-1/A-3), Raymond James & Assoc. (series 2009A-2); due Nov. 1, 2038; proceeds to refund outstanding debt.

• $75 million series 2009A-1 healthcare system revenue bonds, daily interest rate

• $75 million series 2009A-2 healthcare system revenue bonds, weekly interest rate

• $50 million series 2009A-3 healthcare system revenue bonds, weekly interest rate

REGENTS OF THE UNIVERSITY OF CALIFORNIA: $2 billion commercial paper notes (P-1/A-1+/); negotiated; Banc of America Securities LLC, Goldman, Sachs & Co., J.P. Morgan Securities Inc. and Morgan Stanley & Co. (underwriters); includes tax-exempt series A and taxable series B notes; proceeds for capital improvements, equipment and working capital.

SAN ANGELO INDEPENDENT SCHOOL DISTRICT (TEXAS): $121.09 million in series 2009A-B bonds (/AA-/AA-); negotiated; Southwest Securities Inc.; RBC Capital Markets, Morgan Keegan & Co. Inc., Wachovia Bank NA, Raymond James & Assoc. Inc., Edward Jones (co-managers); proceeds to construct, equip and renovate school property as well as refund outstanding debt.

• $116.999 million series A unlimited tax school building bonds, maturities from 2012 to 2034

• $4.09 million series B unlimited tax school building refunding bonds, maturities from 2010 to 2017

SAN ANTONIO (TEXAS): $436.185 million series 2009A electric and gas systems revenue refunding bonds (Aa1/AA/AA+); negotiated; Merrill Lynch & Co. (lead); J.P. Morgan Services Inc., Citigroup Global Markets Inc., Coastal Securities, Inc., Loop Capital Markets, LLC, Siebert Brandford Shank & Co., LLC and Sterne, Agee & Leach, Inc. (co-managers); proceeds to refund the outstanding series A commercial paper notes.

SCHOOL BOARD OF BROWARD COUNTY (FLORIDA): $131.56 million series 2009A certificates of participation (Aa2/AAA/AAA); negotiated; Banc of America Securities LLC (lead); Citigroup Global Markets Inc., J.P. Morgan Securities Inc., Merrill Lynch & Co., Morgan Stanley & Co., Raymond James & Associates Inc. and Rice Financial Products Co. (co-managers); serial maturities from 2010 through 2024 and terms due in 2029 and 2034; proceeds for lease purchase financing to acquire, construct and equip new school facilities, including a new elementary school and classroom additions.

STATE OF MISSISSIPPI: $101.445 million series 2009 general obligation refunding bonds; negotiated; Morgan Keegan & Co. Inc. and Morgan Stanley & Co. (lead); 2009A bonds due 2009 to 2018; 2009B bonds due 2009 to 2013; 2009C bonds due 2009 to 2018; proceeds refund state's series 1998, 2002B, 2003 and 2004 G.O. bonds.

• $59.945 million series 2009A bonds

• $16.115 million series 2009B bonds

• $25.385 million series 2009C bonds

STATE OF OREGON DEPARTMENT OF ADMINISTRATIVE SERVICES: $229.4 million in 2009 series A and series B certificates of participation; negotiated; Banc of America Securities LLC and Citigroup Global Markets Inc. (lead); 2009 series A certificates due 2010 to 2028 and term bonds due 2033 and 2039; 2009 series B due 2018 and 2023; proceeds to fund the expansion and improvement of a state psychiatric hospital.

• $214.14 million series 2009A

• $15.26 million series 2009B

UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY (KANSAS): $106.085 million in general obligation bonds and temporary notes; competitive; Springsted Inc. (financial adviser); maturities from 2010 through 2029; notes are due 2010.

•$24.24 million series 2009A bonds

•$1.185 million series 2009B general obligation improvement bonds

•$7.08 million series 2009III

•$73.28 million series 2009IV

•$300,000 series 2009V municipal temporary notes

UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY BOARD OF PUBLIC UTILITIES (KANSAS): $57.31 million series 2009-A utility system improvement revenue bonds; negotiated; Goldman, Sachs & Co. (lead); George K. Baum & Co. and Oppenheimer & Co. (co-managers); bonds due 2010 to 2019 with term bonds due 2024, 2029 and 2034; proceeds fund improvements to county and city utility system.

UNIVERSITY OF HAWAII: $100 million series 2009A university revenue bonds (Aa3/A+/AA-); negotiated; Merrill Lynch & Co. Inc. (lead); bonds due 2009 to 2029 with term bonds due 2034 and 2038; proceeds to acquire and development faculty apartments, renovate student housing, make additions to university's biomedical science building and refinance debt.

UNIVERSITY OF SOUTHERN CALIFORNIA/CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY: $200 million series 2009B revenue bonds (Aa1/AA+/); negotiated; Morgan Stanley & Co. (lead); Prager, Sealy & Co. (co-manager); proceeds to fund improvements to university facilities.

UNIVERSITY SYSTEM OF NEW HAMPSHIRE/NEW HAMPSHIRE HEALTH AND EDUCATION FACILITIES AUTHORITY: $110 million series 2009A revenue bonds (A1/A+/); negotiated; Barclays Capital Inc. (lead); J.P. Morgan Securities Inc. and Morgan Stanley & Co. Inc. (co-managers); proceeds to finance university improvements and refinance the series 2006A and 2006B1 revenue bonds.

WHITFIELD COUNTY SCHOOL DISTRICT (GEORGIA): $68.34 million series 2009 general obligation bonds; negotiated; Morgan Keegan & Co., Inc.; serial maturities from 2010 through 2017; proceeds will finance the acquisition, construction, equipping and furnishing of new school buildings and buses and other transportation vehicles.

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