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Published on 2/9/2010 in the Prospect News Municipals Daily.

Municipals Calendar: Hawaii to sell $534.325 million in general obligation 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 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.

TEXAS:$125 million series 2010 general obligation college student loan bonds (Aa1/AA+/); negotiated; Wells Fargo Securities Inc. (lead); Morgan Keegan & Co. Inc., Siebert Brandford Shank & Co. LLC and Southwest Securities Inc. (co-managers); proceeds to fund student loan programs throughout the state.

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.


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