Municipals Calendar: Houston to price $220 million of notes

WEEK OF JUNE 13

JUNE 15

HOUSTON: $220 million series 2011 tax and revenue anticipation notes (/SP-1+/F1+); competitive; First Southwest Co. and TKG & Associates LLC (financial advisers); notes due June 29, 2012; proceeds to finance capital expenditures ahead of the collection of taxes and revenues; pricing June 15.

JUNE

HIGHER EDUCATION LOAN AUTHORITY OF THE STATE OF MISSOURI: $579 million series 2011-1 student loan asset-backed Libor floating-rate notes (/AAA/AAA); negotiated; Morgan Stanley & Co. Inc. (lead); proceeds to acquire student loans; pricing in June.

ON THE HORIZON

CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK/BROAD MUSEUM: $150 million series 2011A revenue bonds (Aa1); negotiated; Morgan Stanley & Co. Inc. (lead); bonds due June 1, 2021; proceeds to design, construct, install and furnish a museum facility in downtown Los Angeles.

EDUCATION REFORM SUCCESS INC. (GEORGIA): $105.635 million series 2011 certificates of participation; negotiated; Citigroup Global Market Inc. and Morgan Keegan & Co. Inc. (lead); proceeds to construct, acquire, equip and furnish a new high school to replace North Atlanta High School.

• $72.46 million series 2011A taxable qualified school construction bonds

• $33.175 million series 2011B tax-exempt COPs

FLORIDA DEVELOPMENT FINANCE CORP./REINAISSANCE CHARTER SCHOOLS INC.: $88.475 million series 2011 educational facilities revenue bonds (//BB+); negotiated; B.C. Ziegler & Co. (lead); proceeds to finance and refinance construction, acquisition and equipment of charter schools in Broward, Duval and Miami-Dade counties.

• $85.135 million series 2011A tax-exempt bonds

• $3.34 million series 2011B taxable bonds

FLORIDA HOUSING FINANCE CORP.: $60 million series 2011B non-AMT homeowner mortgage revenue bonds; negotiated; Morgan Stanley & Co. Inc. (lead); Citigroup Global Markets Inc., RBC Capital Markets LLC, Bank of America Merrill Lynch, George K. Baum & Co., Janney Montgomery Scott LLC and Morgan Keegan & Co. Inc. (co-managers); bonds due 2013 to 2021 with term bonds due 2026 and 2029; proceeds to fund mortgage loans.

LOS ANGELES COUNTY (CALIFORNIA): $1.3 billion series 2011-12 tax and revenue anticipation notes; negotiated; J.P. Morgan Securities LLC (lead); Citigroup Global Markets Inc., Goldman, Sachs & Co., Backstrom McCarley Berry & Co. LLC, Loop Capital Markets LLC, Piper Jaffray & Co. and Raymond James & Associates Inc. (co-managers); proceeds to finance cash flow requirements ahead of the collection of taxes and revenues.

LOS ANGELES DEPARTMENT OF WATER AND POWER: $675.175 million series 2011A power system revenue bonds (Aa3/AA-/AA-); negotiated; Morgan Stanley & Co. Inc. (lead); Goldman, Sachs & Co.; De La Rosa & Co.; J.P. Morgan Securities LLC; Fidelity Capital Markets Inc.; Ramirez & Co. Inc.; RBC Capital Markets LLC; and Wells Fargo Securities LLC (co-managers); bonds due 2012 to 2022; proceeds to refund department's series 2001A and 2003B bonds.

MICHIGAN STRATEGIC FUND: $121.005 million series 2011 limited obligation revenue bonds (A1/A+/); negotiated; Citigroup Global Markets Inc. and J.P. Morgan Securities LLC (lead); BMO Capital Markets, PNC Capital Markets LLC, Ramirez & Co. Inc. and Wells Fargo Securities LLC (co-managers); bonds due 2014 to 2026 with term bond due Oct. 15, 2031; proceeds to acquire the Cadillac Place Office Building facility through the defeasance or discharge of existing certificates of participation.

MUNICIPAL GAS AUTHORITY OF GEORGIA: $50 million gas revenue bonds (A1/AA-/A+); negotiated; J.P. Morgan Securities and Wells Fargo Securities LLC (lead); proceeds to provide funds to Public Gas Partners Inc. to refinance costs of acquiring certain gas reserves, as well as to refund authority's series J bonds.

• $30 million series L bonds

• $10 million series M bonds

• $10 million series N bonds

NEW YORK STATE THRUWAY AUTHORITY: $408.775 million series 2011A second general highway and bridge trust fund bonds; negotiated; Citigroup Global Markets Inc. and Ramirez & Co. Inc. (lead); Bank of America Merrill Lynch, Jefferies & Co., Loop Capital Markets LLC, BB&T Capital Markets, Fidelity Capital Markets Inc., KeyBanc Capital Markets Inc., Morgan Keegan & Co. Inc., Morgan Stanley & Co. Inc. and Southwest Securities Inc. (co-managers); bonds due 2012 to 2031; proceeds to fund projects included in authority's multi-year highway and bridge capital plan.

OAKLAND (CALIFORNIA): $81.2 million series 2011-2012 tax and revenue anticipation notes (/SP-1+/); negotiated; Bank of America Merrill Lynch and Loop Capital Markets LLC (lead); notes due March 30, 2012 and June 29, 2012; proceeds to fund capital expenditure requirements for the coming fiscal year ahead of the collection of revenues and taxes.

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

ORLANDO-ORANGE COUNTY EXPRESSWAY AUTHORITY (FLORIDA): $290 million series 2011A refunding revenue bonds (//A); negotiated; Wells Fargo Securities LLC (lead); Bank of America Merrill Lynch, Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Loop Capital Markets LLC, Raymond James &

Associates Inc., Barclays Capital Inc., Goldman, Sachs & Co., Morgan Stanley & Co. Inc. and RBC Capital Markets LLC (co-managers); proceeds to refund authority's series 2008B-1 and 2008B-2 bonds.

PALM BEACH COUNTY SCHOOL BOARD (FLORIDA): $111.435 million series 2011A certificates of participation (Aa3//AA-); negotiated; Morgan Stanley & Co. Inc. (lead); Bank of America Merrill Lynch, Citigroup Global Markets Inc., J.P. Morgan Securities LLC, RBC Capital Markets LLC and Wells Fargo Securities LLC (co-managers); certificates due 2019 to 2025 with term bond due in 2032; proceeds to refund school board's series 2007B certificates.

PUERTO RICO INDUSTRIAL, TOURIST, EDUCATIONAL, MEDICAL AND ENVIRONMENTAL CONTROL FACILITIES FINANCING AUTHORITY/HOSPITAL AUXILIO MUTUO OBLIGATED GROUP: $113.21 million series 2011 hospital revenue and refunding bonds; negotiated; J.P. Morgan Securities LLC and Morgan Stanley & Co. Inc. (lead for 2011A); Popular Securities (lead for 2011B); FirstBank Puerto Rico Securities and Popular Securities (co-managers for 2011A); 2011A bonds due 2015 to 2021 with term bonds due 2026 and 2033; 2011B bonds due 2012 to 2015; proceeds to expand existing hospital facilities, as well as refund obligated group's series 1995 and 1997 bonds.

• $101.6 million series 2011A revenue and refunding bonds

• $11.61 million series 2011B revenue bonds

SACRAMENTO CITY UNIFIED SCHOOL DISTRICT (CALIFORNIA): $109.91 million series 2011 general obligation refunding bonds; negotiated; Morgan Stanley & Co. Inc. (lead); Stone & Youngberg (co-manager); proceeds to refund district's election of 1999 series 2001 bonds.

SAN FRANCISCO UNIFIED SCHOOL DISTRICT (CALIFORNIA): $90 million series 2011 tax and revenue anticipation notes; negotiated; Wells Fargo Securities LLC (lead); notes due June 29, 2012; proceeds to finance capital expenditures ahead of tax and revenue collections.

SOUTH CAROLINA PUBLIC SERVICE AUTHORITY (SANTEE COOPER): $336 million series 2011A taxable Libor index revenue obligations; negotiated; Goldman, Sachs & Co. (lead); J.P. Morgan Securities LLC and Wells Fargo Securities LLC (co-managers); bonds due July 1, 2013 and June 2, 2014; proceeds to retire outstanding commercial paper.

• $168 million bonds due July 1, 2013

• $168 million bonds due June 2, 2014

TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORP./BAYLOR HEALTH CARE SYSTEM (TEXAS): $50 million series 2011B seven-month window variable-rate demand revenue bonds (Aa1/P-1/AA-/); negotiated; Citigroup Global Markets Inc. (sole); proceeds to finance construction and equipment of Baylor facilities.

WASHINGTON HEALTH CARE FACILITIES AUTHORITY/FRED HUTCHINSON CANCER RESEARCH CENTER: $83.565 million series 2011A revenue bonds (A2/A/); negotiated; J.P. Morgan Securities LLC (lead); Bank of America Merrill Lynch and KeyBanc Capital Markets Inc. (co-managers); bonds due 2012 to 2023 with term bonds due in 2031 and 2035; proceeds to refund cancer center's series 2001A and 2009B bonds.

WASHINGON HEALTH CARE FACILITIES AUTHORITY/PROVIDENCE HEALTH & SERVICES: $100 million series 2011B revenue bonds (Aa2/AA-/AA-); negotiated; Bank of America Merrill Lynch and Goldman, Sachs & Co. (lead); proceeds to refund Providence Health's series 2001A bonds.

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