Municipals Calendar: Connecticut offers $200 million of bonds

WEEK OF MARCH 14

CONNECTICUT: $200 million series 2011A state revolving fund general revenue bonds; negotiated; Ramirez & Co. Inc. (lead); Goldman, Sachs & Co.; Bank of America Merrill Lynch; Jackson Securities Inc.; M.R. Beal & Co.; Citigroup Global Markets Inc.; Belle Haven Investments LP; J.P. Morgan Securities LLC; Morgan Keegan & Co. Inc.; Morgan Stanley & Co. Inc.; RBC Capital Markets LLC; Rice Financial Products Co.; Roosevelt & Cross Inc.; Siebert Brandford Shank & Co. LLC; Wells Fargo Bank, NA; and William Blair & Co. (co-managers); bonds due 2012 to 2031; proceeds to fund loans and reimburse state for previously advanced loans; pricing week of March 14.

WEEK OF MARCH 21

MASSACHUSETTS DEVELOPMENT FINANCE AUTHORITY/TUFTS MEDICAL CENTER: $195 million series 2011I revenue bonds (/BBB/BBB); negotiated; Barclays Capital Inc. and J.P. Morgan Securities LLC (lead); proceeds to construct, improve and expand acute care hospital operated by Tufts, as well as other Tufts facilities, and refinance existing debt; pricing week of March 21.

MARCH 21

WILLIAMSON COUNTY (TEXAS): $76.86 million series 2011 unlimited tax road bonds; competitive; Specialized Public Finance Inc. (financial adviser); bonds due 2012 to 2036; proceeds to fund road improvements; pricing March 21.

MARCH 22

CENTRAL BUCKS SCHOOL DISTRICT (PENNSYLVANIA): $120.67 million series 2011 general obligation bonds (Aa1); competitive; Janney Montgomery Scott LLC (financial adviser); 2011A bonds due 2012 to 2026; 2011B bonds due 2012 to 2029; proceeds to refund district's series 2003, 2007 and 2008 bonds; pricing March 22.

WEEK OF MARCH 28

GEORGIA ENVIRONMENTAL LOAN ACQUISITION CORP.: $202.755 million series 2011 local government loan securitization bonds (//A); negotiated; Morgan Keegan & Co. Inc. (lead); Barclays Capital Inc., BB&T Capital Markets, Citigroup Global Markets Inc. and Goldman, Sachs & Co. (co-managers); bonds due 2012, 2014, 2016, 2020 and 2030; proceeds to acquire environmental loans from the Georgia Environmental Finance Authority to establish a debt service reserve; pricing week of March 28.

ON THE HORIZON

CHICAGO/CHICAGO O'HARE INTERNATIONAL AIRPORT: $998.855 million series 2011 passenger facility charge revenue bonds; negotiated; Citigroup Global Markets Inc. and Siebert Brandford Shank & Co. LLC (lead); Barclays Capital Inc.; Estrada Hinojosa & Co. Inc.; Jackson Securities Inc.; Jefferies & Co.; Melvin & Co.; Morgan Keegan & Co. Inc.; PNC Capital Markets LLC; Ramirez & Co. Inc.; Rice Financial Products Co.; and Toussaint Capital Partners LLC (co-managers); proceeds to make capital improvements at the airport, refund grant anticipation bonds and commercial paper notes and make debt service payments.

• $417.04 million series 2011A passenger facility charge non-AMT revenue bonds

• $43.58 million series 2011B passenger facility charge non-AMT revenue refunding bonds

• $127.065 million series 2011C passenger facility charge AMT revenue refunding bonds

• $411.17 million series 2011A grant receipts and subordinate-lien passenger facility charge revenue bonds

CLIFTON HIGHER EDUCATION FINANCE CORP./BAYLOR UNIVERSITY (TEXAS): $103.795 million series 2011 tax-exempt revenue and refunding bonds (/AA-/AA-); negotiated; Barclays Capital Inc. and Bank of America Merrill Lynch (lead); bonds due 2011 to 2025 with term bonds due 2032 and 2040; proceeds to finance construction of a new athletic-academic complex on Baylor campus, acquire real property for university, refund university's series 2008B bonds and refinance series A commercial paper.

COLLIER COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (FLORIDA)/NCH HEALTHCARE SYSTEM: $104.425 million series 2011 health care facilities revenue bonds; negotiated; Morgan Stanley & Co. Inc. (lead); Bank of America Merrill Lynch, Citigroup Global Markets Inc. and J.P. Morgan Securities LLC (co-managers); proceeds to finance or refinance costs of acquiring, constructing and renovating NCH facilities, as well as to refund the health care system's series 1993 and/or 1996 bonds.

FREMONT UNION HIGH SCHOOL DISTRICT (CALIFORNIA): $80 million series 2011 general obligation bonds (Aa1/AA+/); negotiated; Morgan Stanley & Co. Inc. (lead); proceeds to upgrade classroom technology and make improvements to school facilities.

GREATER ORLANDO AVIATION AUTHORITY (FLORIDA): $90 million series 2010 airport facilities refunding revenue bonds (Aa3/A+/AA-); negotiated; Loop Capital Markets LLC (lead); Bank of America Merrill Lynch, Citigroup Global Markets Inc. and J.P. Morgan Securities LLC (co-managers); 2010C bonds due 2019 to 2028; 2010D bonds due 2011 to 2018; proceeds to refund authority's series 1999A-B bonds.

• $75 million series 2010C AMT bonds

• $15 million series 2010D non-AMT bonds

HARRIS COUNTY INDUSTRIAL DEVELOPMENT CORP./DEER PARK REFINANCING LPP (TEXAS): $125 million series 2010 revenue bonds (A2/A/); negotiated; J.P. Morgan Securities LLC (lead); Citigroup Global Markets Inc. and Mitsubishi UFJ Securities (co-managers); Dec. 1, 2020; proceeds to purchase equipment to recover flare gas and finance capital projects to reduce flare at the refinery's Houston facility.

INDIANAPOLIS LOCAL PUBLIC IMPROVEMENT BOND BANK: $57.235 million series 2011D bonds (Aa3/AA-/); negotiated; City Securities Corp. (lead); Loop Capital Markets LLC, Raymond James & Associates Inc. and Wells Fargo Securities LLC (co-managers); bonds due 2012 to 2025 with term bond due 2027; proceeds to fund bond bank's 2011 refunding plan.

INDUSTRIAL DEVELOPMENT CORP. OF THE PORT OF BELLINGHAM (WASHINGTON)/BP WEST COAST LLC: $111 million series 2010 environmental facilities industrial revenue bonds; negotiated; Goldman, Sachs & Co.; proceeds to construct sewage treatment and solid waste disposal facilities at BP's Cherry Point Refinery in Whatcom County, Wash.

IRVING (TEXAS): $67.08 million series 2011 waterworks and sewer system revenue and refunding bonds (Aa1/AA/); negotiated; Estrada Hinojosa & Co. Inc. and Wells Fargo Securities LLC (lead); bonds due 2011 to 2031; proceeds to make improvements and extensions to the city's water and sewer system and refund bonds.

LANCASTER COUNTY HOSPITAL AUTHORITY/LANCASTER GENERAL HOSPITAL (PENNSYLVANIA): $75 million series 2011 health system revenue bonds (Aa3/AA-/); negotiated; Bank of America Merrill Lynch and RBC Capital Markets LLC (lead); Wells Fargo Securities LLC and Janney Montgomery Scott LLC (co-managers); proceeds to construct, add, expand and improve the hospital laboratory facilities and its angiography suite, as well as refund its series 1998 and 2008 bonds.

MARYLAND HEALTH AND HIGHER EDUCATIONAL FACILITIES AUTHORITY/GREATER BALTIMORE MEDICAL CENTER: $68.515 million series 2011 revenue bonds (A2/A/); negotiated; Raymond James & Associates Inc. and J.P. Morgan Securities LLC (lead); bonds due 2012 to 2021 with term bonds due 2026 and 2034; proceeds to make renovations and expansions to Greater Baltimore Medical facilities, as well as refund bonds.

METROPOLITAN TRANSPORTATION AUTHORITY (NEW YORK): $130 million series 2011A dedicated tax fund refunding bonds; negotiated; Jefferies & Co. Inc. and Jackson Securities (lead); Barclays Capital Inc.; Bank of America Merrill Lynch; Citigroup Global Markets Inc.; Goldman, Sachs & Co.; J.P. Morgan Securities LLC; Morgan Stanley & Co. Inc.; Ramirez & Co. Inc.; Siebert Brandford Shank & Co. LLC; Wells Fargo Securities LLC; BB&T Capital Markets; Duncan-Williams Inc./Oppenheimer & Co. Inc.; Edward Jones & Co.; Fidelity Capital Markets LLC; FirstSouthwest Co.; Loop Capital Markets LLC; M.R. Beal & Co. Inc.; Morgan Keegan & Co. Inc.; Piper Jaffray & Co.; Raymond James & Associates Inc.; RBC Capital Markets LLC; Rice Financial Products Co.; Roosevelt & Cross Inc.; Stifel, Nicolaus & Co. Inc.; and TD Securities (USA) LLC (co-managers); bonds due 2012 to 2021; proceeds to refund MTA's series 2001A bonds.

METROPOLITAN WATER RECLAMATION DISTRICT OF GREATER CHICAGO (ILLINOIS): $500 million series 2010 general obligation capital improvement bonds (Aaa/AAA/AAA); negotiated; J.P. Morgan Securities LLC and Citigroup Global Markets Inc. (lead); Bank of America Merrill Lynch, Barclays Capital Inc., Duncan-Williams Inc., Loop Capital Markets LLC, Ramirez & Co. Inc., Siebert Brandford Shank & Co. LLC and William Blair & Co. Inc. (co-managers); 2010A bonds due 2012 to 2014; 2010B bonds due 2015 to 2018; 2010C bonds due 2019 to 2025 with a term bond due 2032; proceeds to construct, remodel, rehabilitate and repair water facilities, flood protection controls and pollution measures.

• $30 million series 2010A taxable bonds

• $70 million series 2010B tax-exempt bonds

• $400 million series 2010C Build America Bonds

MINNESOTA HOUSING FINANCE AGENCY: $62.5 million series 2011 homeownership finance bonds; negotiated; RBC Capital Markets LLC (lead); Morgan Stanley & Co. Inc., Piper Jaffray & Co. and Wells Fargo Securities LLC (co-managers); proceeds to make mortgage loans for qualified homeowners.

NEW YORK CITY MUNICIPAL WATER FINANCE AUTHORITY: $400 million series 2011GG water and sewer system second general resolution revenue bonds (Aa2/AA+/AA+); negotiated; M.R. Beal & Co. (lead); Barclays Capital Inc.; Jefferies & Co.; Morgan Keegan & Co. Inc.; Bank of America Merrill Lynch; Ramirez & Co. Inc.; Fidelity Capital Markets; Citigroup Global Markets Inc.; J.P. Morgan Securities LLC; Loop Capital Markets LLC; Morgan Stanley & Co. Inc.; Raymond James & Associates Inc.; RBC Capital Markets LLC; Rice Financial Products Co.; Roosevelt & Cross Inc.; Siebert Brandford Shank & Co. LLC; Wells Fargo Bank, NA; BB&T Capital Markets; Lebenthal & Co.; Oppenheimer & Co. Inc.; Piper Jaffray & Co.; Stifel, Nicolaus & Co.; and Stone & Youngberg (co-managers); bonds due 2012 to 2026; proceeds to construct, acquire and expand city's water and sewer system.

NEW YORK STATE MORTGAGE AGENCY: $115.41 million mortgage revenue bonds; negotiated; J.P. Morgan Securities LLC (lead); Bank of America Merrill Lynch; Citigroup Global Markets Inc.; Morgan Stanley & Co. Inc.; George K. Baum & Co.; Goldman, Sachs & Co.; M&T Securities Inc.; M.R. Beal & Co. Inc.; Ramirez & Co. Inc.; RBC Capital Markets LLC; Roosevelt & Cross Inc.; and Siebert Brandford Shank & Co. LLC (co-managers); 46th series bonds due 2015 to 2023 with term bonds due 2027 and 2029; 47th series bonds due 2011 to 2015; proceeds to make mortgage loans.

• $97.855 million 46th series non-AMT bonds

• $17.555 million 47th series non-AMT bonds

OKLAHOMA WATER RESOURCES BOARD: $85 million series 2011A revolving fund revenue bonds; negotiated; Bank of America Merrill Lynch (lead); BOSC Inc. and Wells Nelson & Associates LLC (co-managers); bonds due 2012 to 2031; proceeds to make subsidized loans to qualified government entities to construct and improve wastewater treatment facilities.

OKLAHOMA WATER RESOURCES BOARD: $56.965 million series 2011B revolving fund revenue bonds; negotiated; Bank of America Merrill Lynch (lead); BOSC Inc. and Wells Nelson & Associates Inc. (co-managers); bonds due 2013 to 2042; proceeds to fund loans to local governments for drinking water improvements.

PUERTO RICO INDUSTRIAL, TOURIST, EDUCATIONAL, MEDICAL AND ENVIRONMENTAL CONTROL FACILITIES FINANCING AUTHORITY/CAPARRA HILLS INC.: $59.645 million series 2011A industrial revenue refunding bonds (//BBB-); negotiated; UBS Financial Services Inc. of Puerto Rico (lead); proceeds to refund previous bonds, the proceeds of which were lent to Caparra Hills Inc., a commercial retail space owner and operator.

PUERTO RICO INDUSTRIAL, TOURIST, EDUCATIONAL, MEDICAL AND ENVIRONMENTAL CONTROL FACILITIES FINANCING AUTHORITY: $103.23 million series 2011A hospital revenue and revenue refunding bonds (/A-/); negotiated; J.P. Morgan Securities LLC and Morgan Stanley & Co. Inc. (lead); FirstBank Puerto Rico Securities and Popular Securities (co-managers); bonds due 2015 to 2021 with term bonds due 2026 and 2033; proceeds to refund existing hospital revenue bonds.

SPECIAL CARE FACILITIES FINANCING AUTHORITY OF THE CITY OF PELL/NOLAND HEALTH SERVICES INC. (ALABAMA): $92.98 million series 2010A revenue bonds (/A-/); negotiated; RBC Capital Markets Corp. (lead); bonds due 2011 to 2020 with term bonds due 2025, 2030 and 2039; proceeds to finance capital improvements to Noland Health facilities, as well as advanced refund authority's series 2007A and refund its series 2009A bonds.

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