Municipals Calendar: Oregon preps $178 million offering

WEEK OF MAY 2

LOUISIANA PUBLIC FACILITIES AUTHORITY/OCHSNER CLINIC FOUNDATION: $150 million series 2011 revenue bonds (Baa1//BBB+); negotiated; Citigroup Capital Markets Corp. and Barclays Capital Inc. (lead); Merrill Lynch and Morgan Keegan & Co. Inc. (co-managers); bonds due 2017 to 2021 with term bonds due 2031 and 2041; proceeds to finance and refinance costs to acquire, construct, renovate and repair hospital and health care facilities in the state; pricing week of May 2.

OREGON: $177.92 million general obligation bonds (Aa1/AA+/AA+); negotiated; Merrill Lynch and Citigroup Global Markets Inc. (lead); Fidelity Capital Markets LLC; Goldman, Sachs & Co.; J.P. Morgan Securities LLC; Morgan Stanley & Co. Inc. and RBC Capital Markets LLC (co-managers); 2011E bonds due 2012 to 2031 with term bonds due 2036 and 2041; 2011F bonds due 2017 to 2031 with term bonds due 2036 and 2041; 2011G bonds due 2017 to 2031; 2011H bonds due 2012 to 2031 with term bonds due 2036 and 2041; proceeds to finance projects within the Oregon University System; pricing week of May 2.

• $49.69 million series 2011E bonds

• $6.29 million series 2011F bonds

• $52.185 million series 2011G bonds

• $69.755 million series 2011 H bonds

ON THE HORIZON

ARLINGTON INDEPENDENT SCHOOL DISTRICT (TEXAS): $51,740.884.05 series 2011A unlimited tax school building bonds (Aa1/AAA/AA/AAA/); negotiated; Southwest Securities Inc. (lead); Estrada Hinojosa & Co. Inc., Morgan Keegan & Co. Inc., RBC Capital Markets LLC, J.P. Morgan Securities LLC and Piper Jaffray & Co. (co-managers); current interest bonds due 2012 to 2036; capital appreciation bonds due 2017 to 2023; proceeds to construct, equip and renovate school buildings.

• $40.16 million current interest bonds

• $11,580,884.05 capital appreciation bonds

CONNECTICUT: $353.085 million series 2011 general obligation bonds; negotiated; Morgan Stanley & Co. Inc. and Siebert Brandford Shank & Co. LLC (lead); Barclays Capital Inc., Goldman, Sachs & Co. and William Blair & Co. (co-managers); 2011A Sifma bonds due 2012 to 2018; 2011A taxable bonds due May 18, 2012; proceeds to retire existing bond anticipation notes.

• $337.62 million series 2011A Sifma index G.O. bonds

• $15.465 million series 2011A taxable G.O. bonds

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

HUMBLE INDEPENDENT SCHOOL DISTRICT (TEXAS): $58.785 million bonds (Aaa/AAA/); negotiated; RBC Capital Markets LLC (lead); Merrill Lynch and Morgan Keegan & Co., Inc. (co-managers); 2011A bonds due 2016 to 2035; 2011B bonds due 2012 to 2022; proceeds to acquire, construct and equip school buildings and school district facilities, purchase building sites and school buses, as well as to refund a portion of the district's outstanding debt.

• $25 million series 2011A school building bonds

• $33.475 million series 2011B refunding bonds

ILLINOIS FINANCE AUTHORITY/THE CARLE FOUNDATION: $230.83 million series 2011A revenue bonds (/A+/AA-); negotiated; Barclays Capital Inc. and Goldman, Sachs & Co. (lead); Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. Inc. (co-managers); proceeds to reimburse the foundation for costs of constructing, equipping, acquiring and renovating its health care facilities, as well as to refinance existing debt.

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.

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.

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

MOBILE DOWNTOWN REDEVELOPMENT AUTHORITY/AUSTAL USA LLC (ALABAMA): $225 million series 2011 Gulf Opportunity Zone revenue bonds; negotiated; Merrill Lynch and Thornton Farish Inc. (lead); bonds due May 1, 2041; proceeds to finance construction and equipment of a modular manufacturing facility for Austal's shipbuilding operations.

• $112.5 million series 2011A bonds

• $112.5 million series 2011B bonds

OKLAHOMA STUDENT LOAN AUTHORITY: $213.5 million series 2011-1 taxable Libor Oklahoma student loan bonds (/AAA/AAA); negotiated; Merrill Lynch; bonds due June 1, 2040; proceeds to acquire eligible student loans from lenders or holders in the authority's network, as well as refund authority's series 2008I-A1 variable-rate bonds.

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.

SUMTER COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/CENTRAL FLORIDA HEALTH ALLIANCE: $72.025 million series 2011A hospital revenue refunding and improvement bonds (Baa1/BBB+/); negotiated; RBC Capital Markets LLC and PNC Capital Markets LLC (lead); proceeds to fund improvements, additions and expansions to Central Florida Health facilities, including the addition of new inpatient beds and expansion of alliance's emergency department, as well as refund debt.

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