Municipals Calendar: New Jersey Economic Development to sell $750 million

WEEK OF MAY 10

CONNECTICUT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY/STAMFORD HOSPITAL: $104.56 million series 2010-I revenue bonds (/A/); negotiated; Goldman, Sachs & Co. (lead); Bank of America Merrill Lynch (co-manager); bonds due 2011 to 2021 with term bonds due 2025 and 2030; proceeds to finance and refinance renovations and additions to existing hospital facilities; pricing week of May 10.

TENNESSEE HOUSING DEVELOPMENT AGENCY: $74.71 million series 2010 housing finance program bonds (Aa2); negotiated; RBC Capital Markets Corp. (lead); Morgan Keegan & Co. Inc., Bank of America Merrill Lynch, Citigroup Global Markets Inc., Raymond James & Associates Inc., M.R. Beal & Co. Inc. and Duncan-Williams Inc. (co-managers); 2010A-1 bonds due 2011 to 2021; 2010A-2 bonds due 2024 and 2027; proceeds to finance housing loans; pricing week of May 10.

• $56.86 million series 2010A-1 non-AMT bonds

• $17.85 million series 2010A-2 AMT bonds

UNIVERSITY OF CHICAGO: $300 million series 2010 taxable fixed-rate bonds (Aa1//AA+); negotiated; Bank of America Merrill Lynch (lead); Morgan Stanley & Co. Inc. and Wells Fargo Securities LLC (co-managers); bonds due 2022 to 2024 and 2026 with term bond due 2030; proceeds to finance, refinance or reimburse university for various capital expenditures; pricing week of May 10.

MAY 12

COMMONWEALTH TRANSPORTATION BOARD (VIRGINIA): $492.67 million series 2010A transportation capital projects revenue bonds (Aa1/AA+/AA+); competitive; Public Resources Advisory Group (financial adviser); bonds due 2011 to 2035; proceeds to fund transit capital projects, match federal highway funds and finance highway capital projects throughout the state; pricing May 12.

METROPOLITAN WASHINGTON AIRPORTS AUTHORITY: $400 million series 2010 Dulles Toll Road revenue bonds and Dulles Metrorail and capital improvement revenue bonds; negotiated; Citigroup Global Markets Inc. and Morgan Stanley & Co. Inc. (lead); proceeds to fund road improvements and capital improvements for the Dulles Metrorail project at Washington Dulles International Airport; retail order period May 11; pricing

May 12.

NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY: $750 million series 2010 school facilities construction Build America Bonds (Aa3/AA-/); negotiated; Bank of America Merrill Lynch (lead); Janney Montgomery Scott LLC (co-manager); proceeds to construct schools with a portion to be hedged with an existing interest rate swap with Royal Bank of Canada; pricing May 12.

MAY 13

INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF GLENDALE/MIDWEST UNIVERSITY (ARIZONA): $157.21 million series 2010 revenue bonds (/A-/A); negotiated; RBC Capital Markets Corp. (lead); bonds due 2011 to 2030 with term bonds due 2035 and 2040; proceeds to construct and equip educational facilities at university's Downers Grove campus; pricing May 13.

NEW YORK MUNICIPAL BOND BANK AGENCY: $118.595 million series 2010 recovery act bonds; negotiated; Jefferies & Co. and Goldman, Sachs & Co. (lead); Bank of America Merrill Lynch, Loop Capital Markets LLC, Roosevelt & Cross Inc. and Siebert Brandford Shank & Co. LLC (co-managers); 2010A-1 bonds due 2011 to 2017; 2010A-2 bonds due 2018 to 2025 with term bond due 2035; 2010B-1 bonds due 2011 to 2020; 2010B-2 bonds due 2020 to 2025; proceeds to purchase local American Recovery and Reinvestment Act bonds; pricing May 13.

• $28.58 million series 2010A-1 tax-exempt bonds

• $37.545 million series 2010A-2 federally taxable bonds

• $27.81 million series 2010B-1 tax-exempt bonds

• $24.66 million series 2010B-2 federally taxable bonds

SEATTLE: $811.065 million series 2010 municipal light and power revenue bonds (Aa2/AA-/); negotiated; Citigroup Global Markets Inc. (lead); J.P. Morgan Securities Inc., Barclays Capital Inc., Bank of America Merrill Lynch, Siebert Brandford Shank & Co. LLC and Loop Capital Markets LLC (co-managers); 2010A bonds due 2017 to 2025 with term bonds due 2030 and 2040; 2010B bonds due 2011 to 2026; 2010C bonds due 2040; proceeds to finance capital improvements and refund debt; pricing May 13.

• $207.74 million series 2010A Build America Bonds

• $590.05 million series 2010B improvement and refunding bonds

• $13.275 million series 2010C taxable recovery zone economic development bonds

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.

BOARD OF TRUSTEES OF MICHIGAN STATE UNIVERSITY: $229.01 million series 2010C general revenue refunding bonds (Aa2/AA/); negotiated; Bank of America Merrill Lynch (lead); J.P. Morgan Securities Inc. (co-manager); serial maturities from 2011 to 2025 and 2034 to 2044; proceeds to refund and retire $117 million of the board's series A commercial paper notes and a portion of the outstanding variable-rate 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.

CLEVELAND CITY SCHOOL DISTRICT (OHIO): $113.44 million series 2010 school improvement refunding bonds (Aa2/AA-/); negotiated; RBC Capital Markets Corp. (lead); Blaylock Robert Van LLC (co-managers); bonds due 2013 to 2030; proceeds to refund bond anticipation notes and refund series 2002 bonds.

COLUMBUS-FRANKLIN COUNTY FINANCE AUTHORITY (OHIO): $158.065 million series 2010A taxable research development revenue bonds (/AA-/); negotiated; RBC Capital Markets Corp. (lead); bonds due 2015 to 2021 with term bond due 2027; proceeds to refinance debt.

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.

LOUISIANA $103.125 million series 2010A gasoline and fuels tax second lien revenue refunding bonds (/AA/); negotiated; Morgan Keegan & Co. Inc. (lead); bonds due May 1, 2043; proceeds to refund existing debt.

MASSACHUSETTS HEALTH AND EDUCATIONAL FACILITIES AUTHORITY/UMASS MEMORIAL MEDICAL CENTER INC.: $59.97 million series 2010G revenue bonds (Baa1/BBB+/); negotiated; Morgan Stanley & Co. Inc. and Bank of America Merrill Lynch (lead); bonds due 2011 to 2022; proceeds to refund debt.

MCLEAN COUNTY (NORTH DAKOTA): $83 million series 2010 solid waste facilities revenue bonds (A3/A-/A-); negotiated; Goldman, Sachs & Co. (lead); 2010B bonds due July 1, 2040; 2010C bonds due July 1, 2038; proceeds to fund capital expenditures at the Spiritwood Station solid waste facility.

• $50 million series 2010B non-AMT bonds

• $33 million series 2010C AMT bonds

NEW ORLEANS AVIATION BOARD: $54.555 million revenue bonds (//A-); negotiated; Melvin & Co. (lead); Morgan Keegan & Co., Inc. (co-manager); proceeds to fund interior and exterior improvements to existing airport terminals, including expansion of Concourse D and improvements to the baggage claim areas.

• Series 2010A Gulf Opportunity Zone revenue bonds due 2021 to 2026 with term bonds due 2031, 2036 and 2041

• Series 2010B revenue bonds due 2038

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.

NORTH DAKOTA HOUSING FINANCE AGENCY: $80 million series 2010 homeownership revenue bonds (Aa3); negotiated; RBC Capital Markets Corp. (lead); Morgan Stanley & Co. Inc., Bank of America Merrill Lynch & Co. and Piper Jaffray & Co. (co-managers); 2010A bonds due July 1, 2041; 2010B bonds due 2011 to 2020 with term bonds due 2026 and 2028; proceeds to fund single-family housing loans.

• $48 million series 2010A home mortgage finance program bonds

• $32 million series 2010B home mortgage finance program bonds

OHIO: $215 million series 2010 major new state infrastructure project revenue bonds (Aa1/AA/AA-); negotiated; Bank of America Merrill Lynch (lead); KeyBanc Capital Markets Inc.; Siebert Brandford Shank & Co. LLC; Rice Financial Products Co.; Loop Capital Markets LLC; Mesirow Financial Inc.; Ross, Sinclaire & Associates Inc; Stifel, Nicolaus & Co. Inc.; and Wells Fargo Securities Inc. (co-managers); 2010-1 bonds due 2011 to 2015 and 2010-2 bonds due 2016 to 2021; proceeds to finance bridge and highway improvement projects throughout the state.

• $97.73 million series 2010-1 tax-exempt bonds

• $117.27 million series 2010-2 Build America Bonds

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.

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.

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