Municipals Calendar: Jackson Redevelopment preps $90 million sale

Week of December 19

JACKSON REDEVELOPMENT AUTHORITY (MISSISSIPPI): $90 million series 2011 urban renewal revenue bonds; negotiated; Rice Financial Products Co. (lead); proceeds to finance capital projects in Jackson, Miss.; pricing week of Dec. 19.

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.

TEXAS TECH UNIVERSITY SYSTEM: $170.64 million series 2012A revenue financing system refunding and improvement bonds; negotiated; RBC Capital Markets LLC and Wells Fargo Securities LLC (lead); Estrada Hinojosa & Co. Inc., Morgan Keegan & Co. Inc., J.P. Morgan Securities LLC and Stephens Inc. (co-managers); bonds due 2012 to 2031 with term bonds due in 2036 and 2041; proceeds to acquire, purchase, construct, renovate, improve, enlarge and equip property, buildings, structures, facilities, roads or related infrastructure for the university system, as well as to refund certain outstanding commercial paper notes and outstanding parity obligations; 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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