Municipals Calendar: Illinois to price $356 million in general obligation bonds

WEEK OF APRIL 5

CLEVELAND (OHIO): $65 million series 2010A refunding certificates of participation (Baa1/A/); negotiated; Bank of America Merrill Lynch and Wells Fargo Bank N.A (lead); Cabrera Capital Markets LLC, J.P. Morgan Securities Inc., Loop Capital Markets LLC, Morgan Stanley & Co. Inc. and Stifel, Nicolaus & Co. Inc. (co-managers); proceeds to refund COPs issued to fund the construction of Cleveland Stadium; pricing week of April 5.

ILLINOIS FINANCE AUTHORITY/ALEXIAN BROTHERS HEALTH SYSTEM: $135.97 million series 2010 revenue bonds (A3//A-); negotiated; Bank of America Merrill Lynch (lead); Cabrera Capital Markets LLC and Loop Capital Markets LLC (co-managers); proceeds to reimburse the health system for costs associated with upgrading St. Alexius Medical Center in Chicago and other upgrades made to Alexian Brothers hospitals, as well as refund existing debt; pricing week of April 5.

MAINE HEALTH AND HIGHER EDUCATIONAL FACILITIES AUTHORITY: $95 million series 2010A revenue bonds (Aa3//AA); negotiated; Bank of America Merrill Lynch and Morgan Stanley & Co. Inc. (lead); Wells Fargo Securities Inc., Barclays Capital Inc. and Cain Brothers (co-managers); proceeds to make a deposit to construction fund and refund debt; pricing week of April 5.

MEMPHIS (TENNESSEE): $69.07 million series 2010 general improvement bonds (A1/AA/A+); negotiated; Loop Capital Markets LLC (lead); Duncan-Williams Inc. and Rice Financial Products Co. (co-managers); 2010A bonds due 2013 to 2022; 2010B bonds due 2022 to 2030; proceeds to fund capital improvements throughout the city; pricing week of April 5.

• $28.995 million series 2010A

• $40.075 million series 2010B Build America Bonds

ORLANDO COMMUNITY REDEVELOPMENT AGENCY (FLORIDA): $75.48 million series 2010 tax increment revenue bonds (A2/A/A); negotiated; Bank of America Merrill Lynch and Morgan Stanley & Co. Inc. (lead); Citigroup Global Markets Inc., Rice Financial Products Co. and Wells Fargo Securities Inc. (co-managers); proceeds to construct a performing arts center in downtown Orlando; pricing week of April 5.

• $7.51 million series 2010A downtown district tax-exempt bonds

• $67.97 million series 2010B downtown district Build America Bonds

PALM BEACH COUNTY HEALTH FACILITIES AUTHORITY/BETHESDA HEALTHCARE SYSTEM INC. (FLORIDA): $130 million series 2010A health facilities revenue bonds (Aa3/AAA/); negotiated; Barclays Capital Inc. and BB&T Capital Markets (lead); proceeds to refund existing bonds; pricing week of April 5.

RHODE ISLAND AND PROVIDENCE PLANTATIONS: $78.6 million series 2010A consolidated capital development loan general obligation bonds; negotiated; Bank of America Merrill Lynch and Janney Montgomery Scott LLC (lead); Morgan Stanley & Co. Inc., Ramirez & Co. Inc., J.P. Morgan Securities Inc., Oppenheimer & Co. Inc. and Roosevelt & Cross Inc. (co-managers); bonds due 2010 to 2020; proceeds to refund existing bonds; pricing week of April 5.

TALLAHASSEE (FLORIDA): $115.64 million series 2010 energy system revenue refunding bonds (Aa3/AA/AA-); negotiated; Bank of America Merrill Lynch (lead); J.P. Morgan Securities Inc., RBC Capital Markets Corp. and Ramirez & Co. Inc. (co-managers); bonds due 2016 to 2028; proceeds to refund all or a portion of the city's outstanding energy system revenue bonds, as well as refund its series 1998A and 1998B bonds; pricing week of April 5.

APRIL 6

CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY/STANFORD UNIVERSITY: $250 million series 2010U-1 revenue bonds (Aaa//AAA); negotiated; Morgan Stanley & Co. Inc. (lead); Goldman, Sachs & Co.; J.P. Morgan Securities Inc.; and Prager, Sealy & Co. LLC (co-managers); proceeds to finance a loan to university for capital expenditures; pricing April 6.

ILLINOIS: $356 million series 2010 taxable general obligation bonds (A2//A-); competitive; proceeds to finance school district capital projects; pricing April 6.

• $300 million series 2010-2 Build America Bonds

• $56 million series of March 2010 taxable bonds

APRIL 8

IRVINE RANCH WATER DISTRICT JOINT POWER AGENCY (CALIFORNIA): $420 million series 2010 general obligation bonds (Aaa); negotiated; Bank of America Merrill Lynch (lead); proceeds to partially refund agency's taxable refunding bonds; pricing April 8.

PHILADELPHIA: $391.3 million series 2010 water and wastewater revenue refinancing bonds (A3//A-); negotiated; Morgan Stanley & Co. Inc. (lead); proceeds to refund series 2003 variable-rate bonds and pay costs associated with terminating a swap agreement; pricing April 8.

RENSSELAER POLYTECHNIC INSTITUTE (NEW YORK): $200 million series 2010 taxable bonds (A3/A/); negotiated; J.P. Morgan Securities Inc. (lead); bonds due Sept. 1, 2020; proceeds to refinance bank loans; pricing April 8.

TROY (NEW YORK)/RENSSELAER POLYTECHNIC INSTITUTE: $350 million series 2010 capital resource corporation revenue bonds (A3/A/); negotiated; Morgan Stanley & Co. Inc. (lead); M&T Securities Inc. (co-manager); proceeds to refund RPI's series 2002B-D bonds, 2007 bonds and 2008 bonds; pricing April 8.

• $300 million series 2010A bonds

• $50 million series 2010B bonds

APRIL

INDIANA UNIVERSITY: $85 million series 2010T student fee bonds (Aa1/AA/); negotiated; Morgan Stanley & Co. Inc. (lead); J.P. Morgan Securities Inc., City Securities Corp. and Loop Capital Markets LLC (co-managers); 2010T-1 bonds due 2011 to 2017; 2010T-2 bonds due 2018 to 2030; proceeds to fund campus improvements; pricing in April.

ON THE HORIZON

CASTAIC LAKE WATER AGENCY (CALIFORNIA): $68.105 million series 2010A refunding revenue certificates of participation (/AA-/A+); negotiated; Stone & Youngberg (lead); proceeds to refund agency's series 2001A COPs.

CHICAGO/CHICAGO O'HARE INTERNATIONAL AIRPORT: $1,167,135,000 series 2010 revenue bonds (A1/A-/A); negotiated; Bank of America Merrill Lynch (lead); Barclays Capital Inc., Cabrera Capital Markets LLC, Melvin & Co., BMO Capital Markets , Duncan-Williams Inc., George K. Baum & Co., Jackson Securities Inc., Jefferies & Co. Inc., Loop Capital Markets LLC, M.R. Beal & Co. Inc., Podesta & Co. and William Blair & Co. (co-managers); proceeds to refund commercial paper notes, as well as modernize Chicago O'Hare International Airport.

• $112.67 million series 2010A general airport third lien non-AMT revenue bonds

• $557.18 million series 2010B general airport third lien Build America Bonds

• $175.83 million series 2010C general airport third lien non-AMT bonds

• $55.38 million series 2010D general airport third lien revenue refunding bonds

• $45.915 million series 2010E general airport third lien revenue refunding bonds

• $92.9 million series 2010F general airport third lien non-AMT revenue bonds

• $41.345 million series 2010A passenger facility charge non-AMT bonds

• $48.76 million series 2010B passenger facility charge non-AMT bonds

• $21.95 million series 2010C passenger facility charge taxable bonds

• $15.205 million series 2010D passenger facility charge refunding bonds

CHIPPEWA VALLEY SCHOOLS (MICHIGAN): $89.765 million series 2010 school building and site bonds; negotiated; Fifth Third Securities Inc. (lead); Comerica Securities, Edward D. Jones & Co. LP and Stifel, Nicolaus & Co. Inc. (co-managers); 2010A bonds due 2011 to 2016 and 2010B bonds due 2017 to 2035; proceeds to fund purchase of land for school construction, as well as construction costs associated with building new schools.

• $20 million series 2010A taxable bonds

• $69.765 million series 2010B Build America Bonds

CONVENTION CENTER AUTHORITY OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY (TENNESSEE): $633.325 million series 2010 revenue bonds (A2/A/A+); negotiated; Goldman, Sachs & Co. (lead); Morgan Keegan & Co. Inc., Morgan Stanley & Co. Inc., Bank of America Merrill Lynch, Fifth Third Securities Inc., Harveston Securities Inc., Mesirow Financial Inc. and Stephens Inc. (co-managers); 2010A-1 bonds due 2016 to 2018; 2010A-2 bonds due 2019 to 2043; 2010B-1 bonds due 2015 to 2018; 2010B-2 bonds due 2019 to 2043; proceeds to acquire land, design, construct, equip and open a convention center in Nashville.

• $11.7 million series 2010A-1 tourism tax revenue bonds

• $191.075 million series 2010A-2 tourism tax revenue Build America Bonds

• $16.77 million series 2010B-1 subordinate tourism tax revenue bonds

• $413.78 million series 2010B-2 subordinate tourism tax revenue Build America Bonds

DEKALB COUNTY HOSPITAL AUTHORITY/DEKALB MEDICAL CENTER INC. (GEORGIA): $181.1 million series 2010 revenue anticipation certificates (//BBB); negotiated; Raymond James & Associates Inc. (lead); certificates due 2011 to 2015 with term bonds due 2020, 2030 and 2040; proceeds to fund renovations to DeKalb Medical Center in Decatur, Ga.

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/VASSAR COLLEGE: $50 million series 2010 revenue bonds (Aa2/AA/); negotiated; J.P. Morga Securities Inc. (lead); proceeds to renovate, construct, improve and repair campus facilities, including student housing, athletic facilities and academic facilities at Vassar College in Poughkeepsie.

MUSCOGEE COUNTY SCHOOL DISTRICT (GEORGIA): $52.015 million series 2010 general obligation sales tax bonds (/AA+/); negotiated; Baird & Co. Inc. (lead); bonds due 2011 to 2013; proceeds to acquire, construct and equip new school buildings, construction one or two new elementary schools, construct a replacement for Carver High School and provide upgrades for several other schools.

WARREN CONSOLIDATED SCHOOLS DISTRICT (MICHIGAN): $50.38 million series 2010 school building and site general obligation bonds; negotiated; Fifth Third Securities Inc. (lead); Edward Jones & Co. (co-manager); proceeds to construct new school buildings, acquire land on which to construct new school facilities and renovate existing school facilities.

• $35.38 million series 2010A Build America Bonds

• $15 million series 2010B taxable qualified school construction bonds

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