Municipals Calendar: Wisconsin prepares $800 million note sale

WEEK OF JULY 4

JULY 6

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; pricing July 6.

MISSISSIPPI STATE UNIVERSITY: $55.365 million series 2011 residence hall construction and refunding revenue bonds; negotiated; Morgan Keegan & Co. Inc. (lead); Citigroup Global Markets Inc. and Morgan Stanley & Co. Inc. (co-managers); bonds due 2012 to 2026 with term bonds due 2031, 2036 and 2041; proceeds to refund university's series 2001 revenue bonds sold through the Mississippi Educational Building Corp., as well as make certain capital improvements to the university's main campus in Starkville, Miss., including the construction of a new residence hall; pricing 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.

JULY 7

SPRING INDEPENDENT SCHOOL DISTRICT (TEXAS): $59.515 million series 2011 unlimited tax refunding bonds (Aaa/AAA/); negotiated; Morgan Keegan & Co. Inc. (lead); FirstSouthwest Co., Hutchinson, Shockey, Erley & Co. Inc., Loop Capital Markets LLC, BOSC Inc. and Rice Financial Products Co. (co-managers); bonds due 2012 to 2026; proceeds to refund district's series 1999, 2001 and 2001A unlimited tax schoolhouse bonds; pricing July 7.

WEEK OF JULY 11

JULY 12

HARRIS COUNTY (TEXAS): $450 million series 2011 tax anticipation notes; competitive; First Southwest Co. (financial adviser); notes due Feb. 29, 2012; proceeds to finance general fund requirements ahead of the collection of taxes; pricing 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.

JULY

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 July.

ON THE HORIZON

CONNECTICUT HOUSING FINANCE AUTHORITY: $107.955 million series 2011A housing mortgage finance program bonds (Aaa/VMIG 1/AAA/A-1/); negotiated; J.P. Morgan Securities LLC (sole); 2011A-1 bonds due Nov. 15, 2032; 2011A-2 bonds due May 15, 2041; proceeds to finance mortgage loans and refund existing debt.

• $67.18 million series 2011A-1 bonds

• $40.775 million series 2011A-2 taxable variable-rate 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.

NORTH TEXAS TOLLWAY AUTHORITY: $100 million series 2011A variable-rate revenue refunding bonds (A1/P-1/A+/A-1/); negotiated; Morgan Stanley & Co. Inc. (lead); bonds due Jan. 1, 2050; bonds initially bear interest at weekly rate; proceeds to refund authority's series 2008J first-tier revenue 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.

TRUST FOR CULTURAL RESOURCES OF THE CITY OF NEW YORK: $125 million series 2011 revenue bonds (/A/A) negotiated; Morgan Stanley & Co. Inc.; bonds due 2017 to 2026 with term bond due July 1, 2031; proceeds to construct, improve, furnish and equip a 220,000 square-foot building in Lower Manhattan to house the museum's main facility for exhibition space, a conservatory, an auditorium and education and studio spaces.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.