Municipals Calendar: New Jersey prepares $2.15 billion note deal

Week of December 5

BUCKS COUNTY (PENNSYLVANIA): $117 million series 2011 water and sewer revenue bonds; negotiated; Boenning & Scattergood (lead); proceeds to finance capital improvements to county's water and sewer system; pricing week of Dec. 5.

CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY/SUTTER HEALTH: $355 million series 2011 revenue bonds (Aa3//AA-); negotiated; Morgan Stanley & Co. LLC (lead); Bank of America Merrill Lynch and Sutter Securities Inc. (co-managers); proceeds to construct and equip an urban replacement facility in Oakland, Calif., as well as to refund the health care system's series 1999 certificates of participation and its series 1997, 1998, 1999 and 2000 revenue bonds; pricing week of Dec. 5.

• $37 million series 2011C bonds

• $318 million series 2011D bonds

DEKALB COUNTY (GEORGIA): $380 million series 2011A second resolution water and sewerage revenue bonds (Aa3/A+/); negotiated; Siebert Brandford Shank & Co. LLC (lead); Citigroup Global Markets Inc., Raymond James & Associates Inc., Goldman, Sachs & Co., Jackson Securities Inc., Loop Capital Markets LLC, J.P. Morgan Securities LLC and Wells Fargo Securities LLC (co-managers); proceeds to construct, acquire, install and design improvements to the county's water and sewerage system in accordance with the county's 2010-2014 capital improvement plan; pricing week of Dec. 5.

MICHIGAN: $93.445 million series 2011 state trunk line fund bonds; negotiated; Siebert Brandford Shank & Co. LLC and J.P. Morgan Securities LLC (lead); J.P. Morgan Securities LLC, Citigroup Global Markets Inc., Barclays Capital Inc. and Morgan Stanley & Co. LLC (co-managers); bonds due 2012 to 2036; proceeds to fund certain state trunk line transportation projects to provide for improved highway safety and service throughout the state; pricing week of Dec. 5.

MIDDLEBURG HEIGHTS/SOUTHWEST GENERAL HEALTH CENTER (OHIO): $63 million series 2011 hospital facilities revenue and refunding bonds (A2); negotiated; Ziegler Capital Markets Inc. and PNC Capital Markets LLC (lead); proceeds to construct, acquire, equip and install a new 30,000 square-foot emergency department, construct a parking garage, repurpose the existing emergency department and expand and reallocate critical care beds, as well as refund the health center's series 1995 revenue bonds; pricing week of Dec. 5.

MISSOURI HOUSING DEVELOPMENT COMMISSION: $50 million series 2011 single-family mortgage revenue bonds; negotiated; Stifel, Nicolaus & Co. Inc. (lead); proceeds to fund single-family mortgage loans; pricing week of Dec. 5.

NEW JERSEY HOUSING AND MORTGAGE FINANCE AGENCY: $104.155 million series 2011 single-family housing mortgage revenue bonds (Aa1); negotiated; Bank of America Merrill Lynch (lead); proceeds to fund single-family housing mortgage loans and refund series 2000BB and 2000CC single-family housing mortgage revenue bonds; pricing week of Dec. 5.

• $73.09 million series 2011B bonds

• $9.015 million series 2011C bonds

• $22.05 million series 2011D bonds

ORLANDO UTILITIES COMMISSION (FLORIDA): $90 million series 2011 utility system revenue refinancing bonds (Aa1/AA/AA); negotiated; Barclays Capital Inc. (lead); proceeds to refinance the commission's series 2002A and 2003A-B utility system revenue bonds; pricing week of Dec. 5.

SNOHOMISH SCHOOL DISTRICT (WASHINGTON): $67 million series 2011 unlimited tax general obligation bonds; negotiated; Piper Jaffray & Co. Inc. (lead); proceeds to construct, equip, acquire and renovate school facilities within the district; pricing week of Dec. 5.

UNIVERSITY OF MINNESOTA: $54.985 million series 2011D general obligation bonds (Aa1/AA/); negotiated; Wells Fargo Securities LLC (lead); bonds due 2012 to 2031 with term bond due in 2036; proceeds to fund and reimburse the university for capital projects; pricing week of Dec. 5.

December 6

FORT MYERS (FLORIDA): $68.455 million series 2011 utility system revenue and refunding bonds (Aa3/A/A+); negotiated; Raymond James & Associates Inc. and Estrada Hinojosa & Co. Inc. (lead); bonds due 2012 to 2041; proceeds to acquire, construct and equip various capital improvements to the city's utility system in accordance with the city's five-year capital improvement plan; pricing Dec. 6.

HEMPSTEAD/HOFSTRA UNIVERSITY (NEW YORK): $73.5 million series 2011 revenue bonds (A3/A/); negotiated; Barclays Capital Inc. and Bank of America Merrill Lynch (lead); bonds due 2020 to 2031 with term bonds due in 2036 and 2041; proceeds to fund the construction, equipment, acquisition and design of a new science building, a new high technology classroom, two pedestrian footbridges, a basketball arena and auxiliary facilities on Fulton Street in Hempstead, N.Y., as well as to refinance the university's series 1998 civic facility revenue bonds issued through the Nassau County Industrial Development Authority and the university's series 1991 revenue bonds, also issued through the Nassau County IDA; pricing Dec. 6.

LOS ANGELES COUNTY CAPITAL ASSET LEASING CORP. (CALIFORNIA): $59.17 million series 2011A lease revenue bonds (A2/A+/A+); competitive; Fieldman, Rolapp & Associates Inc. (financial adviser); proceeds to finance acquisition of equipment, machinery and vehicles to be leased to the County of Los Angeles; pricing Dec. 6.

NEW JERSEY: $2.15 billion series 2012C 2% tax and revenue anticipation notes; competitive; notes due June 21, 2012; proceeds to provide cash flow management for revenues and expenditures of the general fund and the property tax relief fund during the 2012 fiscal year; pricing Dec. 6.

NEW YORK: $317.075 million series 2012 general obligation bonds; competitive; Public Resources Advisory Group LLC (financial adviser); proceeds to fund capital projects, including clean air and water initiatives and transportation projects; pricing Dec. 6.

• $285.92 million series 2011E tax-exempt bonds due 2012 to 2041

• $31.155 million series 2011F taxable bonds due 2012 to 2021

OKLAHOMA TURNPIKE AUTHORITY: $159.19 million series 2011B Oklahoma Turnpike System second senior revenue bonds (Aa3/AA-/AA-); negotiated; J.P. Morgan Securities LLC (lead); BOSC Inc., Edward D. Jones & Co. and Wells, Nelson & Associates Inc. (co-managers); bonds due 2014 to 2031; proceeds will be used to finance capital costs associated with turnpike system improvements and projects; pricing Dec. 6.

PHOENIX CIVIC IMPROVEMENT CORP. (ARIZONA): $123.49 million series 2011 junior lien wastewater system revenue bonds (Aa2/AA+/); negotiated; J.P. Morgan Securities LLC (lead); proceeds to refund previously issued junior lien wastewater revenue bonds; pricing Dec. 6.

UNIVERSITY OF HOUSTON SYSTEM: $299.5 million series 2011 consolidated revenue and refunding bonds (Aa2/AA-/); competitive; First Southwest Co. (financial adviser); proceeds to refund university system's series 2002A-B consolidated revenue bonds and commercial paper; pricing Dec. 6.

• $278.055 million series 2011A bonds due 2013 to 2043

• $21.445 million series 2011B bonds due 2013 to 2037

WISCONSIN: $138.26 million series 2011C general obligation bonds; competitive; bonds due 2023 to 2031; proceeds to fund various governmental needs; pricing Dec. 6.

December 7

IOWA FINANCING AUTHORITY: $181.4 million series 2011 state revolving fund revenue bonds (Aaa//AAA); negotiated; J.P. Morgan Securities LLC (lead); proceeds to fund construction project loans to cities and communities for water quality improvements; pricing Dec. 7.

LOUISVILLE AND JEFFERSON COUNTY METROPOLITAN SEWER DISTRICT (KENTUCKY): $226.34 million series 2011B sewer and drainage system subordinate bond anticipation notes (MIG 1/SP-1+/F1+); competitive; First American Municipals Inc. (financial adviser); notes due Dec. 12, 2012; proceeds to retire at maturity on March 1, 2012, the district's series 2011A sewer and drainage system subordinate bond anticipation notes; pricing Dec. 7.

NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY: $650 million series 2012 building aid revenue bonds; negotiated; Morgan Stanley & Co. LLC (lead); Barclays Capital Inc.; Goldman, Sachs & Co.; Cabrera Capital Markets Inc.; Jefferies & Co.; Ramirez & Co. Inc.; Siebert Brandford Shank & Co. LLC; Morgan Keegan & Co. Inc.; RBC Capital Markets LLC; Bank of America Merrill Lynch; Fidelity Capital Markets LLC; Loop Capital Markets LLC; Rice Financial Products Co.; Oppenheimer & Co. Inc.; Southwest Securities Inc.; Citigroup Global Markets Inc.; J.P. Morgan Securities LLC; Jackson Securities Inc.; M.R. Beal & Co.; Roosevelt & Cross Inc.; Wells Fargo Bank, NA; Raymond James & Associates Inc.; and Stifel, Nicolaus & Co. Inc. (co-managers); proceeds to construct qualified schools within the city, as well as to complete other capital projects; pricing Dec. 7.

• $550 million series 2012S-1A tax-exempt bonds

• $100 million series 2012S-1B taxable bonds

PUERTO RICO PUBLIC FINANCE CORP.: $400 million series 2011B commonwealth appropriation bonds (Baa2/BBB-/); negotiated; Barclays Capital Inc. (lead); Goldman, Sachs & Co. and J.P. Morgan Securities LLC. The co-managers are BMO Capital Markets LLC, Bank of America Merrill Lynch, Citigroup Global Markets Inc., Jefferies & Co., Morgan Stanley & Co. LLC, Ramirez & Co. Inc., Raymond James & Associates Inc., RBC Capital Markets LLC, UBS FS Puerto Rico, Wells Fargo Securities LLC, BBVAPR MSD, FirstBank Puerto Rico Securities, Oriental Financial Services, Popular Securities, Santander Securities, Scotia MSD and VAB Financial (co-managers); proceeds to refund corporation's series 2004A commonwealth appropriation bonds; pricing Dec. 7.

December 8

METROPOLITAN ST. LOUIS SEWER DISTRICT (MISSOURI): $52.25 million series 2011 wastewater revenue bonds (Aa1/AAA/AA+); competitive; Public Financial Management Inc. and ButcherMark Financial Advisors LLC (financial advisers); bonds due 2013 to 2032; proceeds to construct, repair, replace and install wastewater facilities in the metropolitan St. Louis area; pricing Dec. 8.

PHILADELPHIA: $236.995 million series 2011 airport revenue refunding bonds (A2/A+/A); negotiated; RBC Capital Markets LLC and Loop Capital Markets LLC (lead); J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and Wells Fargo Securities LLC (co-managers); proceeds to refund all or a portion of the city's series 2001B airport revenue bonds and a portion of its international terminal bonds; pricing Dec. 8.

• $180.27 million series 2011A AMT bonds

• $23.885 million series 2011B AMT bonds

• $27.895 million series 2011C taxable bonds

• $4.945 million series 2011D taxable bonds

Day to Day

FLORIDA: $53.89 million series 2011A capital outlay refunding bonds (Aa1/AAA/AAA); competitive; bonds due 2013 to 2023 proceeds to refund state's series 2002B and 2003A capital outlay bonds; pricing day to day.

ORANGE COUNTY SCHOOL BOARD (FLORIDA): $62.09 million series 2012A refunding certificates of participation (Aa3/AA-/AA); negotiated; Citigroup Global Markets Inc. (lead); proceeds to refund board's series 2001A certificates of participation for a debt service savings; pricing day to day.

On the Horizon

CONNECTICUT HOUSING FINANCE AUTHORITY: $112.8 million series 2011E housing mortgage finance program bonds; negotiated; Bank of America Merrill Lynch and Goldman, Sachs & Co. (lead for 2011E-1 and 2011E-2); Morgan Stanley & Co. LLC (sole underwriter for 2011E-3); J.P. Morgan Securities LLC (sole underwriter for 2011E-4); Barclays Capital Inc.; Citigroup Global Markets Inc.; Grigsby & Associates Inc.; Janney Montgomery Scott LLC; Jefferies & Co.; M.R. Beal & Co. Inc.; Morgan Keegan & Co. Inc.; Ramirez & Co. Inc.; Rice Financial Products Co.; Roosevelt & Cross Inc.; and Wells Fargo Securities LLC (co-managers for 2011E-1 and 2011E-2 bonds); proceeds to refund existing debt and fund mortgage loans.

• $25 million series 2011E-1 bonds due 2012 to 2017 with term bond due in 2031

• $15.8 million series 2011E-2 bonds due Nov. 15, 2041

• $52 million series 2011E-3 bonds due Nov. 15, 2041

• $20 million series 2011E-4 bonds due Nov. 15, 2031

CONNECTICUT HOUSING FINANCE AUTHORITY: $66.98 million series 2011F housing mortgage program bonds; negotiated; Bank of America Merrill Lynch; Goldman, Sachs & Co.; J.P. Morgan Securities LLC; and Morgan Stanley & Co. LLC (lead for 2011F-1 and 2011F-2); Citigroup Global Markets Inc. (sole underwriter for 2011F-3); Barclays Capital Inc.; Grigsby & Associates Inc.; Janney Montgomery Scott LLC; Jefferies & Co.; M.R. Beal & Co. Inc.; Morgan Keegan & Co. Inc.; Ramirez & Co. Inc.; Rice Financial Products Co.; Roosevelt & Cross Inc.; and Wells Fargo Securities LLC (co-managers for 2011F-1 and 2011F-2 bonds); proceeds to refund debt and make mortgage loans.

• $34.81 million series 2011F-1 bonds due 2012 to 2021 with term bonds due in 2026, 2031, 2041 and 2053

• $1.91 million series 2011F-2 bonds due Nov. 15, 2031

• $30.26 million series 2011F-3 bonds due Nov. 15, 2041

DALLAS INDEPENDENT SCHOOL DISTRICT (TEXAS): $204.925 million series 2011 unlimited tax refunding bonds; negotiated; RBC Capital Markets LLC (lead); Loop Capital Markets LLC, Morgan Keegan & Co. Inc., Ramirez & Co. Inc. and Southwest Securities Inc. (co-managers); bonds due 2012 to 2028; proceeds to refund a portion of the district's series 2002 unlimited tax school building and refunding bonds and series 2004 unlimited tax school building bonds.

DISTRICT OF COLUMBIA: $410.47 million series 2011 income tax secured revenue bonds; negotiated; Wells Fargo Securities LLC (lead); Barclays Capital Inc.; Loop Capital Markets LLC; Bank of America Merrill Lynch; J.P. Morgan Securities LLC; M.R. Beal & Co. Inc.; Rice Financial Products Co.; RBC Capital Markets LLC; and TD Securities (USA) LLC (co-managers); proceeds to pay for or reimburse the city for the costs of capital projects.

• $200 million series 2011F bonds due 2012 to 2026 with term bond due in 2036

• $210.47 million series 2011G bonds due 2026 to 2035

GALLIA COUNTY/HOLZER HEALTH SYSTEM OBLIGATED GROUP (OHIO): $172.7 million series 2011 hospital facilities revenue refunding bonds; negotiated; RBC Capital Markets LLC (lead); proceeds to acquire, construct, equip and renovate Holzer Health facilities, as well as refund series 1998 and 2005 revenue refunding bonds, a commercial loan and promissory notes.

MASSACHUSETTS STATE COLLEGE BUILDING AUTHORITY: $227.16 million series 2012 project revenue bonds (Aa2/AA/); negotiated; Barclays Capital Inc. and J.P. Morgan Securities LLC (lead); Bank of America Merrill Lynch, Fidelity Capital Markets LLC, Jefferies & Co., Morgan Keegan & Co. Inc., Ramirez & Co. Inc. and Wells Fargo Securities LLC; proceeds to fund improvements at Bridgewater State University, Westfield State University, Fitchburg State University, Salem State University and the Massachusetts College of Art and Design.

• $155.16 million series 2012A bonds due 2013 to 2031 with term bonds due in 2036 and 2041

• $72 million series 2012B refunding bonds

MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA: $268.585 million series 2011 revenue bonds; negotiated; Goldman, Sachs & Co. (lead); Barclays Capital Inc., BMO Capital Markets LLC, Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, US Bancorp Inc. and Wells Fargo Securities LLC (co-managers); proceeds to fund capital improvements to various projects operated by the authority.

• $121.74 million series three taxable power revenue bonds due 2013 to 2028

• $44.985 million series 2011D taxable project one subordinate bonds due 2014 to 2017 and 2020 to 2021

• $57.36 million series 2011A taxable general power revenue bonds due 2013 to 2028

• $39.5 million series 2011D taxable general resolution projects subordinate bonds due 2018 and 2021

ORLANDO-ORANGE COUNTY EXPRESSWAY AUTHORITY (FLORIDA): $290 million series 2011A refunding revenue bonds (//A); negotiated; Wells Fargo Securities LLC (lead); Bank of America Merrill Lynch, Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Loop Capital Markets LLC, Raymond James & Associates Inc., Barclays Capital Inc., Goldman, Sachs & Co., Morgan Stanley & Co. Inc. and RBC Capital Markets LLC (co-managers); proceeds to refund authority's series 2008B-1 and 2008B-2 bonds.

PUERTO RICO SALES TAX FINANCING CORP.: $81 million series 2011D sales tax revenue bonds; negotiated; Santander Securities (lead); Bank of America Merrill Lynch; Popular Securities; UBS FS Puerto Rico; Barclays Capital Inc.; BBVAPR MSD; Citigroup Global Markets Inc.; FirstBank Puerto Rico Securities; Oriental Financial Services; Ramirez & Co. Inc.; Raymond James & Associates Inc.; and Scotia MSD (co-managers); proceeds to redeem or repay prior to maturity certain 2006 appropriation debt.

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