Municipals Calendar: Tobacco Settlement Corp. sets $975 million deal

WEEK OF JUNE 27

TOBACCO SETTLEMENT FINANCING CORP. (NEW YORK): $975.555 million series 2011 asset-backed revenue bonds (/AA-/AA-); negotiated; Barclays Capital Inc. and Citigroup Global Markets Inc. (lead); M.R. Beal & Co.; Goldman, Sachs & Co.; Bank of America Merrill Lynch; Jefferies & Co.; J.P. Morgan Securities LLC; Loop Capital Markets LLC; Morgan Stanley & Co. Inc.; Morgan Keegan & Co. Inc.; RBC Capital Markets LLC; Roosevelt & Cross Inc.; Ramirez & Co. Inc.; Siebert Brandford Shank & Co. LLC; and Wells Fargo Securities LLC (co-managers); bonds due 2013 to 2018; proceeds to refund corporation's series 2003A-1C and 2003B-1C bonds; pricing week of June 27.

• $419.765 million series 2011A bonds

• $555.79 million series 2011B bonds

JUNE 28

REGIONAL TRANSPORTATION AUTHORITY (ILLINOIS): $100 million series 2011A general obligation refunding bonds (Aa3/AA/AA-); competitive; Public Financial Management Inc. (financial adviser); bonds due 2012 to 2019; proceeds to refund authority's series 2002B general obligation bonds; pricing June 28.

UNIVERSITY OF WASHINGTON: $213.595 million series 2011A general revenue and refunding bonds (/AA+/); competitive; Seattle-Northwest Securities Inc. (financial adviser); bonds due 2012 to 2035; proceeds to finance or repay commercial paper notes used to finance capital projects to university facilities, as well as to refund existing university debt; pricing June 28.

JUNE 29

PENNSYLVANIA HIGHER EDUCATIONAL FACILITIES AUTHORITY: $118.36 million series AM State System of Higher Education revenue bonds (Aa2//AA); competitive; RBC Capital Markets LLC (financial adviser); bonds due 2012 to 2036; proceeds to fund loan to State System of Higher Education to fund auxiliary facilities renovation and construction at Bloomsburg, California, East Stroudsburg, Lock Haven, Millersville, Shippensburg, Slippery Rock and West Chester universities in Pennsylvania; pricing June 29.

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.

WEEK OF JULY 4

JULY 6

WISCONSIN: $800 million series 2011 operating notes; competitive; notes due June 15, 2012; proceeds to finance general cash flow requirements; pricing July 6.

WEEK OF JULY 11

JULY 12

SHREVEPORT (LOUISIANA): $81.5 million series 2011 general obligation bonds (A1/A+/); competitive; Grigsby & Associates Inc. (financial adviser); bonds due 2012 to 2031; proceeds to construct, acquire and improve public facilities and equipment for parks and recreation, public buildings and the police and fire departments; pricing July 12.

ON THE HORIZON

BUTLER COUNTY/KETTERING HEALTH NETWORK OBLIGATED GROUP (OHIO): $155.635 million series 2011 hospital facilities revenue bonds (A2/A/); negotiated; Bank of America Merrill Lynch (lead); proceeds to construct, equip and furnish and acute care hospital in Beavercreek, Ohio, as well as construct and improve facilities in Kettering, Grandview, Fort Hamilton and Soin.

CITIZENS PROPERTY INSURANCE CORP. (FLORIDA): $900 million series 2011A coastal account senior secured bonds; negotiated; Citigroup Global Markets Inc. (lead); Bank of America Merrill Lynch, Goldman, Sachs & Co., J.P. Morgan Securities LLC, Morgan Stanley & Co. Inc., Loop Capital Markets LLC, Ramirez & Co. Inc. and Wells Fargo Securities LLC; proceeds to help Citizens meet its claim-paying needs for the 2011 hurricane season for its coastal account.

DALLAS (TEXAS): $236.3 million series 2011 waterworks and sewer system revenue refunding bonds (Aa1/AAA/); negotiated; J.P. Morgan Securities LLC and M.R. Beal & Co. Inc. (lead); Bank of America Merrill Lynch, Cabrera Capital Markets LLC, Morgan Stanley & Co. Inc., Raymond James & Associates Inc., RBC Capital Markets LLC, Siebert Brandford Shank & Co. LLC and Southwest Securities Inc. (co-managers); bonds due 2013 to 2040; proceeds to refund $148 million of outstanding commercial paper notes, as well as refund other debt.

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

GWINNETT COUNTY WATER AND SEWERAGE AUTHORITY (GEORGIA): $163.64 million series 2011 revenue refunding bonds (Aaa/AAA/AAA); negotiated; J.P. Morgan Securities LLC and Morgan Keegan & Co. Inc. (lead); bonds due 2012 to 2025; proceeds to refund authority's series 2003B bonds.

HENRY COUNTY SCHOOL DISTRICT (GEORGIA): $95.845 million series 2011 general obligation refunding bonds (Aa2/AA+/); negotiated; Baird & Co. Inc. (lead); bonds due 2012 to 2023; proceeds to refund district's series 2001 and 2004 G.O. bonds.

LOS ANGELES COUNTY SANITATION DISTRICTS FINANCING AUTHORITY (CALIFORNIA): $128.34 million series 2011 capital projects senior ad valorem obligation bonds (Aa1/AA+/); negotiated; Bank of America Merrill Lynch (lead); De La Rosa & Co. Inc. and Morgan Stanley & Co. Inc. (co-managers); bonds due 2014 to 2023; proceeds to refund and defease authority's series 2003 bonds.

NEW YORK STATE THRUWAY AUTHORITY: $880.61 million series 2011A general revenue bond anticipation notes; negotiated; RBC Capital Markets LLC and Loop Capital Markets LLC (lead); notes due July 12, 2012; proceeds to fund a portion of the authority's multi-year capital plan and refund its series 2009A general fund bond anticipation notes.

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.

PLAIN LOCAL SCHOOL DISTRICT (OHIO): $50.955 million series 2011 school improvement refunding bonds (/AA/AA-/); negotiated; Stifel, Nicolaus & Co. Inc. (lead); bonds due 2012 to 2026 with term bonds due 2028 and 2030; proceeds to refund district's series 2003 school improvement bonds.

PUERTO RICO: $304 million series 2011 public improvement general obligation bonds (A3/BBB/BBB+); negotiated; J.P. Morgan Securities LLC and Barclays Capital Inc. (lead); BMO Capital Markets; Bank of America Merrill Lynch; Citigroup Global Markets Inc.; Goldman, Sachs & Co.; Jefferies & Co.; Morgan Stanley & Co. Inc.; Ramirez & Co. Inc.; Raymond James & Associates Inc.; RBC Capital Markets LLC; UBS Financial Services Inc. of Puerto Rico; Wells Fargo Securities LLC; BBVAPR MSD; FirstBank Puerto Rico Securities; Oriental Financial Services Inc.; Popular Securities Inc.; Santander Securities Inc.; Scotia MSD; and VAB Financial; proceeds to finance capital improvement projects and refund bond anticipation notes.

SAN DIEGO UNIFIED SCHOOL DISTRICT (CALIFORNIA): $218 million series 2011-12 tax and revenue anticipation notes; negotiated; Citigroup Global Markets Inc. and J.P. Morgan Securities LLC (lead); De La Rosa & Co. (co-manager); notes due in 2012; proceeds to finance general capital requirements ahead of tax and revenue collections.

UNIVERSITY OF MISSOURI: $54 million series 2011 system facilities revenue bonds (Aa1/AA+/); negotiated; Bank of America Merrill Lynch (lead); Edward D. Jones & Co. LP and Stifel, Nicolaus & Co. Inc. (co-managers); bonds due 2012 to 2027; proceeds to refund university system's series 1998A, 2001B and 2003B bonds.

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