Municipals Calendar: Collier County prepares $94.7 million bond deal

Week of December 19

December 19

COLLIER COUNTY (FLORIDA): $94.705 million series 2011 special obligation refunding revenue bonds (/AA/AA); competitive; Public Financial Management Inc. (financial adviser); bonds due 2012 to 2029; proceeds to refund series 2003 and 2005 bonds, which were used to finance the construction and equipment of a county jail, county development complex and other capital projects; pricing Dec. 19.

December 20

HOSPITAL AUTHORITY OF THE COUNTY OF BEAVER/HERITAGE VALLEY HEALTH SYSTEM INC. (PENNSYLVANIA): $67.055 million series 2012 revenue bonds (A1/AA-/A+); negotiated; Barclays Capital Inc. (sole); bonds due 2012 to 2023 with term bonds due 2026 and 2028; pricing Dec. 20.

Week of January 2

January 5

SUFFOLK COUNTY WATER AUTHORITY (NEW YORK): $83.635 million series 2012 water system revenue bonds (/AA+/AAA); competitive; Goldman, Sachs & Co. (financial consultant); bonds due 2019 to 2026; proceeds to refund existing water system revenue bonds; pricing Jan. 5.

Day to Day

ORANGE COUNTY SCHOOL BOARD (FLORIDA): $58.53 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

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/MANHATTAN COLLEGE: $55 million (maximum); negotiated; proceeds to construct a student commons building and refund the college's series 2000 insured revenue bonds.

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/MEMORIAL SLOAN-KETTERING CANCER CENTER: $340 million fixed- or variable-rate tax-exempt bonds; negotiated; Goldman, Sachs & Co. (lead); proceeds to refund cancer center's series 2003-1 revenue bonds.

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/ROCKEFELLER UNIVERSITY: $90 million (maximum); negotiated; J.P. Morgan Securities LLC (lead); proceeds to refund university's series 1998 and 2002A-1 revenue bonds.

PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCE AUTHORITY: $112 million series 2011 governmental lease revenue bonds (Aa3); negotiated; Citigroup Global Markets Inc. (lead); proceeds to purchase a building and parking garage located adjacent to the state capitol building, which is currently occupied mostly by commonwealth offices.

PUERTO RICO GOVERNMENT DEVELOPMENT BANK: $500 million series 2011G senior notes; negotiated; J.P. Morgan Securities LLC (lead); Bank of America Merrill Lynch; Barclays Capital Inc.; Citigroup Global Markets; Goldman, Sachs & Co.; Morgan Stanley & Co. LLC; RBC Capital Markets LLC; Ramirez & Co. Inc.; Wells Fargo Securities LLC; BBVAPR MSD; FirstBank Puerto Rico Securities Inc.; Santander Securities Inc.; Scotia MSD; and UBS Financial Services Puerto Rico (co-managers); proceeds for general corporate purposes, including expanding the bank's investment portfolio and making loans to and purchasing obligations from government entities within the commonwealth.

PUERTO RICO GOVERNMENT DEVELOPMENT BANK: $500 million series 2011H senior notes; negotiated; Santander Securities Inc. (lead); Bank of America Merrill Lynch, Popular Securities Inc., UBS Financial Services Puerto Rico, Barclays Capital Inc., BBVAPR MSD, Citigroup Global Markets Inc., Citigroup Global Markets Inc., FirstBank Securities Inc., Oriental Financial Services Inc., Ramirez & Co. Inc., Raymond James & Associates Inc. and Scotia MSD (co-managers); proceeds to increase the bank's investment portfolio, make loans to governmental entities within the commonwealth and redeem the bank's series 2009C-D and 2010A senior notes.

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