Municipals Calendar: Commonwealth Transportation preps sale

WEEK OF MAY 9

BAPTIST HEALTH SOUTH FLORIDA: $250 million series 2011 taxable notes (/AA/); negotiated; Bank of America Merrill Lynch (lead); proceeds for general corporate purposes; pricing week of May 9.

CHARLOTTE-MECKLENBURG HOSPITAL AUTHORITY/CAROLINAS HEALTHCARE SYSTEM (NORTH CAROLINA): $149.995 million series 2011A health care revenue bonds (Aa3/AA-/); negotiated; Merrill Lynch and J.P. Morgan Securities LLC (lead); Citigroup Global Markets Inc. and Wells Fargo Securities LLC (co-managers); bonds due 2012 to 2021 with term bonds due 2026, 2031 and 2042; proceeds to construct, equip, renovate and acquire health care facilities as part of the health care system's five-year capital plan; pricing week of May 9.

DORMITORY AUTHORITY OF THE STATE OF NEW YORK: $332.88 million series 2011 school districts revenue bond financing revenue bonds; negotiated; Jefferies & Co. and RBC Capital Markets LLC (lead); Roosevelt & Cross Inc., Barclays Capital Markets Inc., Citigroup Global Markets Inc., KeyBanc Capital Markets LLC, Morgan Stanley & Co. Inc., Morgan Keegan & Co. Inc., Oppenheimer & Co. Inc., Ramirez & Co. Inc., Raymond James & Associates Inc., Rice Financial Products Co., Siebert Brandford Shank & Co. LLC, Stifel, Nicolaus & Co. Inc. and Wells Fargo Securities LLC (co-managers); proceeds to finance school district capital facilities and capital equipment, as well as refinance bond anticipation notes; pricing week of May 9.

• $267.825 million series 2011A bonds (A1/A+/A+)

• $39.75 million series 2011B bonds (A3/A+/A+)

• $7.885 million series 2011C bonds (Aa3/A+/A+)

• $17.42 million series 2011D bonds (A2/A+/A+)

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; pricing week of May 9.

ILLINOIS FINANCE AUTHORITY/UNIVERSITY OF CHICAGO MEDICAL CENTER: $90 million series 2011C revenue bonds (Aa3/AA-/AA-); negotiated; J.P. Morgan Securities LLC (lead); Bank of America Merrill Lynch, Wells Fargo Securities LLC, Cabrera Capital Markets LLC and Loop Capital Markets LLC (co-managers); proceeds to finance or reimburse the medical center for construction of the new hospital pavilion; pricing week of May 9.

MASSACHUSETTS WATER RESOURCES AUTHORITY: $150 million series 2011B general revenue bonds (Aa1/AA+/AA+); negotiated; J.P. Morgan Securities LLC (lead); Barclays Capital Inc., Bank of America Merrill Lynch, Citigroup Global Markets Inc., Jefferies & Co., Fidelity Capital Markets Services Inc., Janney Montgomery Scott LLC, Morgan Stanley & Co. Inc., Ramirez & Co. Inc. and Wells Fargo Securities LLC (co-managers); bonds due 2012 to 2031 with term bonds due 2036 and 2041; proceeds to fund capital improvements, including the construction and maintenance of water and sewer systems; pricing week of May 9.

PUBLIC UTILITY DISTRICT NO. 1 OF CHELAN COUNTY (WASHINGTON): $189.33 million series 2011 refunding bonds (Aa2/AA/AA+); negotiated; Barclays Capital Inc. (lead); J.P. Morgan Securities LLC, Morgan Stanley & Co. Inc. and Bank of America Merrill Lynch (co-managers); 2011A bonds due 2012 to 2026 with term bonds; 2011B bonds due 2012 to 2026 with term bonds; proceeds to refund senior consolidated system bonds; pricing week of May 9.

• $114.735 million series 2011A AMT bonds

• $74.595 million series 2011B AMT bonds

MAY 10

KANSAS DEVELOPMENT FINANCE AUTHORITY/KANSAS DEPARTMENT OF HEALTH AND ENVIRONMENT: $51.62 million series 2011A Kansas revolving fund revenue bonds (/AAA/AAA); competitive; Public Financial Management Inc. (financial adviser); bonds due 2013 to 2031 with a term bond; proceeds to fund existing loan commitments to the Kansas Department of Health and Environment under drinking water loan fund; pricing May 10.

MAY 11

COMMONWEALTH TRANSPORTATION BOARD (VIRGINIA): $600 million series 2011 transportation capital projects revenue bonds (//AA+); competitive; bonds due 2012 to 2036; proceeds to fund transportation infrastructure projects; pricing May 11.

GOVERNMENT DEVELOPMENT BANK OF PUERTO RICO: $500 million series 2011 senior taxable notes (A3); negotiated; Bank of America Merrill Lynch (lead); Citigroup Global Markets Inc.; J.P. Morgan Securities LLC; Barclays Capital Inc.; Goldman, Sachs & Co.; Morgan Stanley & Co. Inc.; RBC Capital Markets LLC; BBVAPR MSD; FirstBank Puerto Rico Securities Inc.; Popular Securities; Santander Securities; and UBS Financial Services of Puerto Rico Inc. (co-managers); proceeds to increase development bank's investment portfolio, make loans to and purchasing obligations of the commonwealth and its public operations, instrumentalities and municipalities, as well as redeem outstanding notes; pricing May 11.

MAY 12

FLORIDA PORTS FINANCING COMMISSION: $153.485 million series 2011 state transportation trust fund refunding revenue bonds (Aa3/AA+/AA); negotiated; Citigroup Global Markets Inc.; Bank of America Merrill Lynch, Morgan Stanley & Co. Inc. and Siebert Brandford Shank & Co. LLC (co-managers); 2011A bonds due 2013 to 2027; 2011B bonds due 2012 to 2021 with term bond due in 2027; proceeds to refund commission's series 1996 bonds; pricing May 12.

• $10.59 million series 2011A non-AMT bonds

• $142.895 million series 2011B AMT bonds

FLORIDA PORTS FINANCING COMMISSION: $116.43 million series 2011 state transportation trust fund refunding revenue bonds (Aa3/AA+/AA); negotiated; Citigroup Global Markets Inc. (lead); Bank of America Merrill Lynch, Morgan Stanley & Co. Inc. and Siebert Brandford Shank & Co. LLC (co-managers); 2011A bonds due 2012 to 2029; 2011B bonds due 2011 to 2021 with term bond due in 2029; proceeds to refund series 1999 bonds; pricing May 12.

• $66.74 million series 2011A non-AMT bonds

• $49.69 million series 2011B AMT bonds

ILLINOIS FINANCE AUTHORITY/METHODIST MEDICAL CENTER OF ILLINOIS: $51.22 million series 2011B variable-rate demand revenue bonds (Aa3/VMIG 1//A+/F1); negotiated; Morgan Stanley & Co. Inc. (lead); proceeds to refinance taxable debt issued to construct, equip, acquire and renovate Methodist Medical facilities; pricing May 12.

MARICOPA COUNTY COMMUNITY COLLEGE DISTRICT (ARIZONA): $150 million series 2011 general obligation bonds (Aaa/AAA/AAA); negotiated; Citigroup Global Markets Inc. (lead); Bank of America Merrill Lynch, J.P. Morgan Securities LLC, Ramirez & Co. Inc. and Wedbush Securities Inc. (co-managers); bonds due 2016 to 2025; proceeds to upgrade district's educational facilities, as well as purchase equipment; pricing May 12.

MASSACHUSETTS INSTITUTE OF TECHNOLOGY: $500 million series 2011 taxable bonds (Aaa/AAA/); negotiated; Barclays Capital Inc. (lead); J.P. Morgan Securities LLC and Morgan Stanley & Co. Inc. (co-managers); proceeds to support current or future capital plans, as well as refinance debt; pricing May 12.

WEEK OF MAY 16

OREGON: $320.405 million series 2011 general obligation bonds (Aa1/AA+/AA+); negotiated; Citigroup Global Markets Inc. and Bank of America Merrill Lynch (lead); RBC Capital Markets LLC, J.P. Morgan Securities LLC, Fidelity Capital Markets LLC, Morgan Stanley & Co. Inc., Seattle-Northwest Securities Inc. and Siebert Brandford Shank & Co. LLC (co-managers); 2011I bonds are due 2012 to 2031 with term bond due in 2036; 2011J bonds due 2012 to 2031 with term bond due in 2036; 2011K bonds due 2013 to 2031 with term bond due in 2036; 2011L bonds due 2014 to 2026; proceeds to fund seismic research, state property improvements, Oregon DOT improvements and refund series 2001B bonds; pricing week of May 16.

• $7.095 million series 2011I seismic grant bonds

• $158.365 million series 2011J state property bonds

• $61.22 million series 2011K Oregon Department of Transportation bonds

• $93.725 million series 2011L refunding bonds

MAY 17

ALABAMA PUBLIC SCHOOL AND COLLEGE AUTHORITY: $79.32 million series 2011 capital improvement bonds (Aa1/AA/AA+); competitive; Public FA Inc. (financial adviser); proceeds to repair and purchase equipment for qualified public schools and refund authority's series 2001A bonds; pricing May 17.

• $51.27 million series 2011A capital improvement pool QZAB bonds

• $28.05 million series 2011B capital improvement pool refunding bonds

MIAMI-DADE COUNTY (FLORIDA): $350.93 million series 2011 general obligation and G.O. refunding bonds (Aa2/AA-/); competitive; Public Financial Management Inc. (financial adviser); 2011A bonds due 2012 to 2041; 2011B bonds due 2011 to 2026; 2011C bonds due 2011 to 2026; proceeds to fund public infrastructure projects and refund series 1999 bonds; pricing May 17.

• $196.985 million series 2011A Building Better Communities Program general obligation bonds

• $38.055 million series 2011B parks program general obligation refunding bonds

• $115.89 million series 2011C seaport general obligation refunding bonds

TEXAS: $133.5 million series 2011A water financial assistance general obligation bonds (Aaa/AA+/AAA); negotiated; Jefferies & Co. (lead); Bank of America Merrill Lynch, Citigroup Global Markets Inc., Coastal Securities Inc., Ramirez & Co. Inc., Southwest Securities Inc. and Stifel, Nicolaus & Co. LLC (co-managers); bonds due 2011 to 2030; proceeds to provide financial assistance to political subdivisions for water infrastructure requirements; pricing May 17.

MAY 18

MESA (ARIZONA): $53.95 million series 2011 utility systems revenue bonds; competitive; Wedbush Securities Inc. (financial adviser); bonds due July 1, 2035; proceeds to make improvements to utility systems of the city; pricing May 18.

ON THE HORIZON

CONNECTICUT: $326.915 million series 2011 general obligation bonds; negotiated; M.R. Beal & Co. Inc. (lead); Bank of America Merrill Lynch; J.P. Morgan Securities LLC; Loop Capital Markets LLC; Wells Fargo Bank, NA; Barclays Capital Inc.; Blaylock Robert Van LLC; Citigroup Global Markets Inc.; Corby Capital Markets Inc.; Goldman, Sachs & Co.; Melvin & Co. LLC; Morgan Stanley & Co. Inc.; Prager, Sealy & Co. LLC; Raymond James & Associates Inc.; RBC Capital Markets LLC; Roosevelt & Cross Inc.; and Siebert Brandford Shank & Co. LLC (co-managers); 2011B tax-exempt bonds due 2019 to 2023; 2011B taxable bonds due 2012 to 2015; proceeds to fund capital requirements and retire bond anticipation notes.

• $237.87 million series 2011B tax-exempt general obligation bonds

• $89.045 million series 2011B taxable general obligation 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

HOUSTON HIGHER EDUCATION FINANCE CORP./COSMOS FOUNDATION, INC. (TEXAS): $65.065 million series 2011 education revenue bonds (/BBB/); negotiated; Morgan Keegan & Co. Inc. and Jefferies & Co. (lead); 2011A bonds due 2021, 2031 and 2041; proceeds to finance or refinance construction, equipment and acquisition of three new charter schools in Houston.

• $59.98 million series 2011A bonds

• $5.085 million series 2011Q taxable bonds

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.

MASSACHUSETTS HOUSING FINANCE AGENCY: $60 million single family housing revenue bonds; negotiated; J.P. Morgan Securities LLC (lead); Bank of America Merrill Lynch; Barclays Capital Inc.; Citigroup Global Markets Inc.; Loop Capital Markets LLC; Morgan Stanley & Co. Inc.; CastleOak Securities LP; Corby Capital Markets Inc.; Eastern Bank Capital Markets; Fidelity Capital Markets LLC; George K. Baum & Co. Inc.; Janney Montgomery Scott LLC; M.R. Beal & Co. Inc.; Morgan Keegan & Co. Inc.; Piper Jaffray & Co. Inc.; Ramirez & Co. Inc.; Raymond James & Associates Inc.; Rice Financial Products Co.; Siebert Brandford Shank & Co. LLC; Wells Fargo Securities LLC; and The Williams Capital Group LP (co-managers); series 155 bonds due 2012 to 2022 with term bonds due June 1, 2028 and Dec. 1, 2028; series 149 bonds due Dec. 1, 2041; proceeds to purchase Fannie Mae-backed securities and mortgage loans.

• $24 million series 155 non-AMT bonds

• $36 million series 149 non-AMT 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

OKLAHOMA STUDENT LOAN AUTHORITY: $213.5 million series 2011-1 taxable Libor Oklahoma student loan bonds (/AAA/AAA); negotiated; Bank of Ameirca 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.

SACRAMENTO CITY UNIFIED SCHOOL DISTRICT (CALIFORNIA): $50 million series 2010-2011 tax and revenue anticipation notes; negotiated; De La Rosa & Co. Inc. (lead); notes due Nov. 2, 2011; proceeds to fund general operating expenses ahead of the collection of taxes and revenues.

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.

VIRGINIA RESOURCES AUTHORITY: $80.285 million series 2011 infrastructure and state moral obligation revenue bonds (Aaa); negotiated; J.P. Morgan Securities LLC (lead); BB&T Capital Markets LLC, Wells Fargo Securities LLC and Siebert Brandford Shank & Co. LLC (co-managers); 2011A tax-exempt infrastructure bonds due 2011 to 2031 with term bond due in 2041; 2011A taxable infrastructure bonds due 2021 and 2031; 2011A tax-exempt moral obligation bonds due 2011 to 2031 with term bond due in 2041; 2011A taxable moral obligation bonds due 2021 and 2031; proceeds to provide funds for capital reserve fund and refund City of Hampton's series 2002 convention center revenue bonds.

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