Municipals Calendar: Clark County, Nev., to sell $578 million in airport bonds

WEEK OF FEBRUARY 8

MASSACHUSETTS BAY TRANSPORTATION AUTHORITY: $121.04 million series 2010 senior sales tax bonds (Aa2/P-1/AAA/A-1/); negotiated; Citigroup Global Markets Inc. and Ramirez & Co. (lead); 2010A bonds due 2030; 2010B bonds due 2030; proceeds to refund existing debt and terminate swap agreements.

• $80.005 million series 2010A variable-rate demand obligations

• $41.035 million series 2010B bonds

FEBRUARY 9

ANCHORAGE (ALASKA): $120 million series 2010 general obligation tax anticipation notes (/SP-1+/); competitive; FirstSouthwest Co. (financial adviser); notes due Dec. 29, 2010; proceeds to fund capital expenditures ahead of the collection of certain tax; pricing Feb. 9.

CLARK COUNTY (NEVADA): $578 million series 2010 airport system revenue bonds (Aa2/AA-/); negotiated; Citigroup Global Markets Inc. (lead for 2010C); Siebert Brandford Shank & Co. LLC (lead for 2010D); proceeds to fund capital improvements to the county's airport system; pricing Feb. 9.

• $453 million series 2010C Build America Bonds

• $125 million series 2010D tax-exempt bonds

HARRIS COUNTY (TEXAS): $150 million series 2010A permanent improvement refunding bonds (/AAA/AA+); negotiated; Jefferies & Co. and Cabrera Capital Markets LLC (lead); Barclays Capital Inc., J.P. Morgan Securities Inc., Mesirow Financial Inc. and Wells Fargo Securities Inc. (co-managers); proceeds to refund debt; pricing Feb. 9.

MIAMI-DADE COUNTY (FLORIDA): $247.5 million series 2010 double-barreled aviation general obligation bonds (Aa3/AA-/); negotiated; Morgan Stanley & Co. Inc. (lead); J.P. Morgan Securities Inc.; M.R. Beal & Co. Inc.; Rice Financial Products Co.; Stifel, Nicolaus & Co. Inc.; Estrada Hinojosa & Co. Inc.; Goldman, Sachs & Co.; Jackson Securities Inc.; Morgan Keegan & Co. Inc.; Ramirez & Co. Inc.; Siebert Brandford Shank & Co. LLC; and Wells Fargo Securities Inc. (co-managers); proceeds to fund improvements to the county's airport; pricing Feb. 9.

REGENTS OF THE UNIVERSITY OF MICHIGAN: $190.53 million series 2010C general revenue bonds (Aaa/AAA/); competitive; bonds due 2011 to 2027; proceeds to fund general expenses and refund debt; pricing Feb. 9.

FEBRUARY 10

CONNECTICUT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY/YALE UNIVERSITY: $540 million series 2010A revenue bonds (Aaa/AAA/); negotiated; Barclays Capital Inc. and J.P. Morgan Securities Inc. (lead); Bank of America Merrill Lynch; Citigroup Global Markets Inc.; Piper Jaffray & Co.; RBC Capital Markets Corp.; Siebert Brandford Shank & Co. LLC; and Wachovia Bank, NA (co-managers); proceeds to fund construction, renovation, equipment and repair of Yale buildings; pricing Feb. 10.

HAWAII: $534.325 million series 2010 general obligation and general obligation refunding bonds (Aa2/AA/AA); negotiated; Citigroup Global Markets Inc. (lead); Bank of America Merrill Lynch (co-manager); 2010DX bonds due 2015 to 2030; 2010DY bonds due 2015 to 2020; proceeds to refund several series of existing bonds; pricing Feb. 10.

• $312 million series 2010DX G.O. bonds

• $222.325 million series 2010DY G.O. refunding bonds

WISCONSIN: $202.975 million series 2010-1 general obligation refunding bonds; negotiated; Bank of America Merrill Lynch (lead); Ramirez & Co. Inc., Robert W. Baird & Co., Barclays Capital Inc., Citigroup Global Markets Inc. and Siebert Brandford Shank & Co. LLC (co-managers); bonds due 2012 to 2029; proceeds to refund existing debt; pricing Feb. 10.

FEBRUARY 11

EAST BAY MUNICIPAL UTILITY DISTRICT (CALIFORNIA): $400 million series 2010 water system revenue bonds; negotiated; Morgan Stanley & Co. Inc. (lead); proceeds to fund improvements to district's water system; pricing Feb. 11.

ON THE HORIZON

CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY/AMERICAN BAPTIST HOMES OF THE WEST: $106.105 million series 2010 revenue bonds (/BBB-/BBB+); negotiated; Ziegler Capital Markets Inc. (lead); proceeds to fund construction, expansion, renovation, acquisition and equipment of facilities operated by America Baptist Homes of the West.

KENTUCKY ECONOMIC DEVELOPMENT FINANCE AUTHORITY/OWENSBORO MEDICAL HEALTH SYSTEM INC.: $544.935 million series 2010 revenue bonds; negotiated; Bank of America Merrill Lynch and J.P. Morgan Securities Inc. (lead); proceeds to reimburse Owensboro Medical for or to finance the construction of facilities at Owensboro facilities.

LOS ANGELES UNIFIED SCHOOL DISTRICT: $1,745,995,000 series 2010 general obligation bonds (Aa3/AA-/); negotiated; Citigroup Global Markets Inc. (joint bookrunner for RY, lead for KRY, sole manager for I and A), Barclays Capital Inc. (joint bookrunner for series RY), Goldman, Sachs & Co. (joint bookrunner for RY), Morgan Stanley & Co. Inc. (joint bookrunner for RY and KRY), RBC Capital Markets Corp. (co-manager for KRY), Stone & Youngberg (co-manager for KRY), Rice Financial Products Co. (co-manager for KRY), De La Rosa & Co. (co-manager for A) and Ramirez & Co. (co-manager for A); proceeds to construct new schools, repair and renovate existing schools, improve technology systems, purchase library books and refund debt.

NORTH CAROLINA MEDICAL COMMISSION/MISSION HEALTH INC.: $65 million series 2010 health system revenue bonds (Aa3/AA/AA); negotiated; Bank of America Merrill Lynch (lead); BB&T Capital Markets and Wells Fargo Securities Inc. (co-managers); bonds due 2010 to 2025 with term bonds due 2030, 2035 and 2040; proceeds to fund construction of an outpatient cancer center as well as the renovation of other Mission Health buildings.

NORTH CAROLINA MEDICAL COMMISSION/NORTH CAROLINA BAPTIST HOSPITAL: $330 million series 2010 hospital revenue refunding bonds (Aa3/AA-/); negotiated; Morgan Stanley & Co. Inc. and BB&T Capital Markets (lead); Goldman, Sachs & Co. (co-manager); proceeds to refund existing North Carolina Baptist Hospital debt.

OHIO: $50 million series 2010 revitalization project bonds (A1/AA-/A+); negotiated; J.P. Morgan Securities Inc. and Huntington Investment Co. (lead); Fifth Third Securities Inc. and Melvin Securities LLC (co-managers); 2010A bonds due 2011 to 2014; 2010B bonds due 2015 to 2025; proceeds to fund environmentally safe and responsible development on publicly and privately owned lands.

• $10.935 million series 2010A bonds

• $39.065 million series 2010B Build America 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.

TRAVIS COUNTY HEALTH FACILITIES DEVELOPMENT/WESTMINSTER MANOR (TEXAS): $66.14 million series 2010 revenue bonds (//BB+); negotiated; Cain Brothers (lead); proceeds to fund construction, acquisition, expansion and equipment of Westminster Manor, an assisted living facility in Austin.

TRUSTEES OF PURDUE UNIVERSITY (INDIANA): $73.63 million series Y student fee bonds; negotiated; Barclays Capital Inc. (lead); City Securities Inc. and Cabrera Capital Markets LLC (co-managers); proceeds to refund existing debt used to complete improvements to the university.

© 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.