Municipals Calendar: Massachusetts Water Resources plans $253 million sale

WEEK OF APRIL 26

APRIL 27

CITY OF FORT WORTH (TEXAS): $98.855 million series 2010 water and sewer system revenue refunding bonds (/AA/); competitive; First Southwest Co. and Estrada Hinojosa & Company, Inc. (co-financial advisors); serial maturities from 2011 through 2020; proceeds to refund a portion of the city's outstanding debt, which includes the series 1998, 1999 and 1999A subordinate lien revenue bonds and the series 200B revenue refunding and improvement bonds; pricing April 27.

COLORADO WATER RESOURCES AND POWER DEVELOPMENT AUTHORITY: $71.155 million series 2010A clean water revenue bonds (Aaa/AAA/AAA); competitive; Jefferies & Co. (financial advisor); serial maturities from 2011 through 2032; proceeds to fund loans to governmental agencies to finance or refinance improvements made to water facilities; pricing April 27.

CONNECTICUT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY/WESLEYAN UNIVERSITY: $190 million series 2010G revenue bonds (A3); negotiated; Goldman Sachs & Co. (lead); J.P. Morgan Securities Inc., RBC Capital Markets Corp. and Rice Financial Products Co. (co-managers); proceeds to fund capital projects at the university; pricing April 27.

MASSACHUSETTS WATER RESOURCES AUTHORITY: $253.085 million series 2010 general revenue bonds; negotiated; Citigroup Global Markets Inc. (lead); Barclays Capital Inc., Bank of America Merrill Lynch, J.P. Morgan Securities Inc., Jefferies & Co., Fidelity Capital Markets LLC, Goldman Sachs & Co., Janney Montgomery Scott LLC, Morgan Stanley & Co. Inc. and Ramirez & Co. Inc. (co-managers); 2010A bonds due 2015 to 2030 with term bonds due 2035 and 2040; 2010B bonds due 2014 to 2030; proceeds to refund existing debt, as well as fund upcoming construction projects; pricing April 27.

• $100 million series 2010A bonds

• $153.085 million series 2010B revenue refunding bonds

APRIL 28

OHIO/SUMMA HEALTH SYSTEM: $175 million series 2010 hospital facilities revenue bonds (Baa1//BBB+); negotiated; J.P. Morgan Securities Inc. and PNC Capital Markets LLC (lead); bonds due 2025, 2030, 2035 and 2040; proceeds to fund the construction of a trauma center at Summa Akron City Hospital, to fund the renovation of a patient tower at the Summa Wadsworth-Rittman campus, to refinance the construction of a parking garage at Summa Akron City Hospital and to finance improvements at a variety of Summa Health hospitals in Ohio; pricing April 28.

WAKE COUNTY, N.C.: $421.72 million series 2010C general obligation refunding bonds (Aaa/AAA/AAA); competitive; Waters and Co. LLC (financial adviser); bonds due 2013 to 2026; proceeds to refund county's series 2003A-B, 2004, 2005, 2007 and 2009A bonds; pricing April 28.

APRIL 29

LOWER COLORADO RIVER AUTHORITY (TEXAS): $200 million series 2010 transmission contract refunding and improvement revenue bonds (A2/A/A+); negotiated; Morgan Stanley & Co. Inc. (lead); Barclays Capital Inc., Bank of America Merrill Lynch, Goldman Sachs & Co., Citigroup Global Markets Inc., FirstSouthwest Co., J.P. Morgan Securities Inc., Morgan Keegan & Co. Inc., Ramirez & Co. Inc., RBC Capital Markets Corp., Rice Financial Products Co., Southwest Securities Inc. and Wells Fargo Securities Inc. (co-managers); bonds due 2012 to 2018 and 2021 with term bonds due 2025, 2030 and 2040; proceeds to finance construction, renovation and improvement of generation facilities, as well as refund existing tax-exempt transmission contract revenue notes; pricing April 29.

WEEK OF MAY 3

MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA: $130.13 million series 2010A combined cycle project revenue bonds (A1/A/); negotiated; J.P. Morgan Securities Inc. (lead); Barclays Capital Inc.; BMO Capital Markets LLC; Bank of America Merrill Lynch; Citigroup Global Markets Inc.; Goldman Sachs & Co.; Morgan Stanley & Co. Inc.; Wells Fargo Securities Inc.; Edward Jones & Co.; Fidelity Capital Markets; FirstSouthwest Co.; Jackson Securities Inc.; Jefferies & Co.; Morgan Keegan & Co. Inc.; Ramirez & Co. Inc.; and Raymond James & Associates (co-managers); bonds due 2010 to 2019; proceeds to refund authority's series 2002A-B bonds and its 2003A bonds; pricing week of May 3.

MAY 6

NORTH TEXAS TOLLWAY AUTHORITY: $400 million series 2010 system revenue bonds (Baa3); negotiated; J.P. Morgan Securities Inc. (lead); Bank of America Merrill Lynch, Goldman Sachs & Co. and Siebert Brandford Shank & Co. LLC; proceeds to fund development and construction of 11.5-mile stretch of State Highway 161; pricing May 6.

ON THE HORIZON

BOARD OF TRUSTEES OF MICHIGAN STATE UNIVERSITY: $205 million series 2010B general revenue tax-exempt bonds (Aa2/AA/); negotiated; Bank of America Merrill Lynch and J.P. Morgan Securities Inc. (lead); 2010A bonds are due 2044 to 2050; proceeds to construct, furnish and equip replacement for Morrill Hall; renovate, remodel and equip Brody, Bailey and Emmons halls; and upgrade the university's power plant.

CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY/CHILDREN'S HOSPITAL LOS ANGELES: $135.04 million series 2010A revenue bonds (Aa3/AAA/); negotiated; Citigroup Global Markets Inc. and Bank of America Merrill Lynch (lead); proceeds to refund hospital's series 1999 certificates, its 2004 and 2008 bonds.

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.

ECTOR COUNTY HOSPITAL DISTRICT (TEXAS): $54.915 million series 2010 revenue bonds (/AA-/AA-); negotiated; Bank of America Merrill Lynch and Wells Fargo Securities Inc. (lead); proceeds to refund Medical Center Hospital's series 2002A bonds.

EVANSVILLE, IND.: $123.805 million series 2010 lease rental revenue bonds (A1/A/); negotiated; Hilliard Lyons (lead); City Securities Corp. and Fifth Third Securities Inc. (co-managers); 2010A bonds due 2014 to 2016; 2010B bonds due 2017 to 2025 with term bonds due 2029, 2034 and 2039; proceeds to acquire real property upon which the city plans to construct an arena, as well as refund debt.

• $8.94 million series 2010A tax-exempt bonds

• $114.865 million series 2010B taxable Build America Bonds

ILLINOIS FINANCE AUTHORITY/PALOS COMMUNITY HOSPITAL: $151.02 million series 2010C revenue bonds (//AA-); negotiated; Goldman Sachs & Co. and Cabrera Capital Markets LLC (lead); proceeds to construct, acquire and equip a new patient tower at Palos Community Hospital in Palos Heights, Ill., as well as renovate and expand existing facilities at the hospital.

NORTH CAROLINA STATE UNIVERSITY AT RALEIGH: $77.505 million series 2010 general revenue bonds; negotiated; J.P. Morgan Securities Inc. (lead); Loop Capital Markets LLC and Morgan Keegan & Co. Inc. (co-managers); proceeds to finance acquisition, construction, improvement and equipment of athletic facilities, dining facilities, a student health center and a parking deck, as well as the expansion and improvement of the Terry Veterinary Hospital.

PUERTO RICO ELECTRIC POWER AUTHORITY: $350 million series YY power revenue Build America Bonds (A3/BBB+/BBB+); negotiated; Santander Securities (lead); Popular Securities, UBS Financial Services Inc. of Puerto Rico, Barclays Capital Inc., BBVAPR MSD, Bank of America Merrill Lynch, Citigroup Global Markets Inc., First Bank Securities, Oriental Financial Services, Raymond James & Associates Inc., Samuel A. Ramirez & Co. and Wells Fargo Securities LLC; bonds due 2040; proceeds to fund capital improvement, as well as refund existing power revenue bonds.

RHODE ISLAND CLEAN WATER FINANCE AGENCY: $75.375 million series 2010A water pollution control refunding revenue bonds; negotiated; Janney Montgomery Scott LLC and Morgan Stanley & Co. Inc. (lead); Barclays Capital Inc. and Citigroup Global Markets Inc. (co-managers); bonds due 2011 to 2023; proceeds to fund clean water initiatives.

STATE OF DELAWARE: $124.025 million series 2010A general obligation bonds (Aaa/AAA/AAA); negotiated; Morgan Stanley & Co. Inc. (lead); J.P. Morgan Securities Inc. and Stone & Youngberg (co-managers); maturity due Jan. 1, 2011 and serial maturities from July 1, 2011 through July 1, 2020; proceeds to redeem outstanding general obligation bonds.

TEXAS PUBLIC FINANCE AUTHORITY CHARTER SCHOOL FINANCE CORP.: $50.09 million series 2010A education revenue bonds (/BBB/); negotiated; Morgan Keegan & Co. Inc. (lead); Jefferies & Co. (co-manager); bonds due 2030 and 2040; proceeds finance construction and improvement projects at charter schools in Texas.

UNIFIED GOVERNMENT OF WYANDOTTE COUNTY AND KANSAS CITY (KANSAS): $150,373,704 series 2010B sales tax special obligation capital appreciation revenue bonds; negotiated; Citigroup Global Markets Inc. (lead); bonds due June 1, 2021; proceeds to fund a portion of costs associated with constructing a multi-sport athletic arena.

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