Municipals Calendar: Catholic Health to bring $590.6 million

WEEK OF APRIL 27

APRIL 30

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; pricing April 30.

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 April 30.

EAST BATON ROUGE SEWERAGE COMMISSION (LOUISIANA): $350 million series 2009 sewer system revenue bonds (A1/AA-/AA-); negotiated; Merrill Lynch & Co. Inc. (lead); Citigroup Global Markets Inc., Jackson Securities Inc., Morgan Keegan & Co. Inc., Siebert Brandford Shank & Co. LLC and Stephens Inc. (co-managers); due 2016 to 2029 with term bonds due 2034 and 2039; proceeds to fund capital improvements to sewer system; pricing April 30.

WASHINGTON HEALTH CARE FACILITIES AUTHORITY: $100 million series 2009A and 2009B revenue bonds; negotiated; Merrill Lynch, Pierce, Fenner & Smith Inc. (lead for 2009A); J.P. Morgan Securities Inc. and Wells Fargo Brokerage Services LLC (lead for 2009B bonds); weekly rates; mandatory sinking fund redemptions 2040 to 2044; proceeds to acquire and maintain hospital facilities; pricing April 30.

• $50 million series 2009A revenue bonds

• $50 million series 2009B revenue bonds

WEEK OF MAY 4

GEORGIA: $314.53 million series 2009 general obligation bonds; negotiated; Merrill Lynch & Co. Inc. (lead); Citigroup Global Markets Inc., J.P. Morgan Securities Inc., Morgan Keegan & Co. Inc., Jackson Securities Inc., Raymond James & Associates Inc., SunTrust Robinson Humphrey and Wachovia Bank (co-managers); 2009C bonds due 2010 to 2014 and 2009D bonds due 2010 to 2029; proceeds to acquire and improve lands, highways, structures, equipment or facilities and repay existing debt; pricing week of May 4.

• $9.5 million series 2009C bonds

• $305.03 million series 2009D bonds

SACRAMENTO MUNICIPAL UTILITY DISTRICT (CALIFORNIA): $200 million series 2009V electric revenue bonds (A1/A+/A); negotiated; Goldman, Sachs & Co. and Merrill Lynch & Co. Inc. (lead); De La Rosa & Co., J.P. Morgan Securities Inc., Morgan Stanley & Co. Inc., M.R. Beal & Co. and Ramirez & Co. (co-managers); bonds due May 15, 2036; proceeds to construct improvements to district's electrical system; pricing week of May 4.

MAY 4

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 May 4.

• $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

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

JOHNSTON COUNTY (NORTH CAROLINA): $85.835 million series 2009 general obligation bonds; competitive; Davenport & Co. LLC (financial adviser); public improvement bonds due 2012 to 2028; 2009B bonds due 2012 to 2021; 2009C bonds due 2010 to 2020; proceeds to refund county's series 2001 bonds and improve local schools and community colleges; pricing May 5.

• $49.8 million series 2009 general obligation public improvement bonds

• $15.05 million series 2009B G.O. refunding bonds

• $20.985 million series 2009C G.O. refunding bonds

STATE OF TEXAS: $162.79 million series 2009B water financial assistance general obligation bonds (Aa1/AA/AA+); negotiated; Morgan Stanley & Co. Inc. (lead); Loop Capital Markets LLC, Citigroup Global Markets Inc., Goldman, Sachs & Co., J.P. Morgan Securities Inc., Ramirez & Co. Inc., RBC Capital Markets Inc., Southwest Securities Inc. and Walton Johnson & Co. (co-managers); bonds due 2010 to 2029; proceeds to construct dams, water storage facilities and other water projects; pricing May 5.

STATE OF UTAH: $111.1 million series 2009B general obligation bonds (Aaa/AAA/AAA); competitive; Zions Bank Public Finance (financial adviser); bonds due 2010 to 2015; proceeds for various capital projects; pricing May 5.

MAY 6

HAWAII DEPARTMENT OF BUDGET AND FINANCE/QUEENS HEALTH SYSTEM: $78.67 million series 2009 special purpose revenue bonds (Aaa/VMIG 1/AAA/A-1/); negotiated; Banc of America Securities LLC (lead for 2009A); Merrill Lynch & Co. Inc. (lead for 2009B); bonds due July 1, 2029; proceeds to refund series 2003B and 2006B bonds; pricing May 6.

• $39.335 million series 2009A bonds

• $39.335 million series 2009B bonds

NORTH CAROLINA EASTERN MUNICIPAL POWER AGENCY: $70.555 million in series 2009A power system revenue bonds; negotiated; Citigroup Global Markets Inc. (lead), Banc of America Securities LLC, Morgan Stanley & Co. Inc. and Wachovia Bank NA (co-managers); proceeds for maintenance and expansion of agency facilities and establishment of reserve fund; pricing May 6.

PORT AUTHORITY OF NEW YORK AND NEW JERSEY: $100 million 156th series consolidated bonds; competitive; bonds due 2025 to 2039; proceeds for capital improvements; pricing May 6.

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

WEEK OF MAY 11

WESTERN MUNICIPAL WATER DISTRICT (CALIFORNIA): $103 million series 2009 water revenue and water revenue refunding bonds (//AA+/F1+); negotiated; Merrill Lynch & Co. Inc. (lead); 2009A bonds due Oct 1, 2032 and 2009B bonds due 2009 to 2029 and term bonds due 2034 and 2039; proceeds to refund district's outstanding refunding bond anticipation notes and finance acquisition and construction of wastewater and water facilities; pricing week of May 11.

• $48 million series 2009A adjustable-rate water revenue refunding bonds

• $55 million series 2009A water revenue bonds

MAY

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

KLEIN INDEPENDENT SCHOOL DISTRICT (TEXAS): $62.365 million series 2009 bonds; negotiated; First Southwest Securities Inc. (lead); Coastal Securities Inc., Morgan Keegan & Co. Inc., Southwest Securities Inc. and Wachovia Bank (co-managers); proceeds to refund existing bonds and make improvements to schools within the district; pricing in May.

• $17.365 million series 2009A unlimited tax refunding bonds

• $45 million series 2009B unlimited tax schoolhouse bonds

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.

CITY OF ATLANTA: $75.23 million in series 2009 general obligation refunding bonds; negotiated; Loop Capital Markets LLC, Wachovia Bank NA (co-leads); proceeds to refund $79.36 million of series 1998 bonds.

CITY OF MEMPHIS: $150 million series 200 bond anticipation notes; negotiated; Morgan Keegan & Co. Inc. (lead); Harvestons Securities Inc., Duncan-Williams Inc. and Rice Financial Products Inc. (co-managers); notes due May 18, 2010; proceeds will be used to retire commercial paper.

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.

DALLAS COUNTY COMMUNITY COLLEGE DISTRICT (TEXAS): $110 million series 2009 general obligation bonds (/AAA/); negotiated; Southwest Securities Inc. and Ramirez & Co. Inc. (lead); Banc of America Securities LLC, J.P. Morgan Securities Inc., Morgan Keegan & Co. Inc., M.R. Beal & Co. Inc., RBC Capital Markets Corp. and Siebert Brandford Shank & Co. LLC (co-managers); bonds due 2010 to 2029; proceeds for constructing and equipping school buildings within district.

DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF ATLANTA: $52.89 million series 2009 refunding revenue bonds; negotiated; Wachovia Bank and Jackson Securities Inc. (lead); proceeds refund series 2002 bonds.

• $44.64 million series 2009A Underground Atlanta project refunding revenue bonds

• $8.25 million series 2009B Underground Atlanta project taxable refunding revenue bonds

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

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 HEALTH AND EDUCATIONAL FACILITIES AUTHORITY/PARTNERS HEALTH CARE SYSTEM: $200 million series 2009I revenue bonds (//AA); negotiated; J.P. Morgan Securities Inc. and Merrill Lynch & Co. Inc. (lead); 2009I-1 and 2009I-2 due July 1, 2044; 2009I-3due 2013to 2022 with term bond; proceeds for ambulatory care centers.

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.

MICHIGAN MUNICIPAL BOND AUTHORITY/SCHOOL DISTRICT OF THE CITY OF DETROIT: $179.77 million series 2009B state aid revenue notes (/SP-1+/); negotiated; J.P. Morgan Securities Inc. and Siebert Brandford Shank & Co. LLC (lead); notes due Jan. 20, 2010; proceeds for school improvements.

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 health care 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 health care system revenue bonds, daily interest rate

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

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

PROVIDENCE HEALTH & SERVICES OBLIGATED GROUP (WASHINGTON STATE): $250 million series 2009A direct obligation notes; negotiated; Merrill Lynch & Co. Inc. (lead); proceeds for general corporate purposes.

PUBLIC FACILITIES FINANCING AUTHORITY OF THE CIT Y OF SAN DIEGO: $442 million series 2009A senior sewer revenue bonds (A2/A+/AA-); negotiated; Banc of America Securities LLC (lead); Citigroup Global Markets Inc., Siebert Brandford Shank & Co. LLC, Fidelity Capital Markets and Wedbush Morgan Securities Inc. (co-managers); due 2010 to 2029 with term bonds due 2034 and 2039; proceeds to fund capital improvements to city's wastewater system.

PULASKI COUNTY (ARKANSAS)/ARKANSAS CHILDREN'S HOSPITAL: $110.015 million series 2009 hospital revenue bonds (A1/A+/); negotiated; Stephens Inc. and Merrill Lynch & Co. Inc. (lead); bonds due 2010 to 2023 with term bonds due 2029, 2034 and 2039; proceeds to improve children's hospital.

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.

WHITTIER, CALIF./PRESBYTERIAN INTERCOMMUNITY HOSPITAL: $58 million series 2009D health facility revenue bonds (/A+/);negotiated; Citigroup Global Markets Inc. and Merrill Lynch & Co. Inc. (lead); bonds due 2010 to 2017; proceeds to repair hospital's central plant facility and refund series 2007 bonds.

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