Municipals Calendar: Texas Public Finance to sell $300 million

WEEK OF JULY 25

TEXAS PUBLIC FINANCE AUTHORITY: $300 million series 2011 taxable general obligation and refunding bonds; negotiated; Jefferies & Co. (lead); J.P. Morgan Securities LLC; Mesirow Financial Inc.; Morgan Stanley & Co. Inc.; Piper Jaffray & Co.; Raymond James & Associates Inc.; Stifel, Nicolaus & Co. Inc.; and Wells Fargo Securities LLC (co-managers); bonds due 2012 to 2031; proceeds to make grants to Cancer Prevention and Research Institute of Texas, as well as refund existing commercial paper held by the institute; pricing week of July 25.

JULY 25

MARYLAND: $100 million series 2011A local facilities general obligation bonds (Aaa/AAA/AAA); negotiated; M&T Securities Inc. (lead); bonds due 2014 to 2025; proceeds to finance state capital projects; pricing July 25.

ON THE HORIZON

ALACHUA COUNTY HEALTH FACILITIES AUTHORITY (FLORIDA): $145.27 million of health facilities revenue bonds for the Terraces at Bonita Springs project; negotiated; Ziegler; proceeds for the construction, development, acquisition of land and equipping of a continuing care retirement community in Bonita Springs, Fla.

• $81.27 million of series 2011A fixed-rate bonds

• $3 million of series 2011B accelerated redemption reset option securities

• $15 million of series 2011C1 mandatory paydown securities

• $46 million of series 2011C2 mandatory paydown securities

COMMUNITY COLLEGE DISTRICT NO. 502 (ILLINOIS): $95.82 million series 2011A general obligation community college bonds (Aaa/AAA/); negotiated; William Blair & Co. and Bank of America Merrill Lynch (lead); proceeds to construct and equip new buildings, install new technologies at district facilities, improve land for district purposes, renovate and repair existing district facilities and refund district's series 2003A G.O. bonds.

CONNECTICUT HOUSING FINANCE AUTHORITY: $100 million series 2011 housing mortgage finance program bonds (Aaa/VMIG 1/AAA/A-1/); negotiated; Goldman, Sachs & Co. (sole); 2011C-1 bonds due May 15, 2035; 2011C-2 bonds due May 15, 2035; proceeds to make mortgage loans.

• $24.795 million series 2011C-1 bonds

• $75.205 million series 2011C-2 AMT bonds

EAST BATON ROUGE SEWERAGE COMMISSION (LOUISIANA): $202.5 million series 2011A Libor index revenue bonds (Aa3/AA-/AA); negotiated; Citigroup Global Markets Inc. and J.P. Morgan Securities LLC (lead); Jackson Securities Inc., Loop Capital Markets LLC, Morgan Keegan & Co. Inc., Siebert Brandford Shank & Co. LLC and Stephens Inc. (co-managers); bonds due 2012 to 2014 with term bond due in 2046; proceeds to fund expansion, repair and capacity enhancement projects through 2014.

ERIE COUNTY FISCAL STABILITY AUTHORITY (NEW YORK): $131.745 million of sales tax and state aid secured bonds (Aa1//AA+); negotiated; Roosevelt & Cross Inc. (lead); Jefferies & Co. (co-manager); proceeds to refund a portion of the county's outstanding 2004B bonds, purchase county bonds and to make loans to provide for the payment of costs for county-approved capital commitments to the Erie County medical Center Corp.

• $28.775 million of series 2011A bonds due 2011-2018

• $16.62 million of series 2011B bonds due 2012-2023

• $86.35 million of series 2011C bonds due 2013-2028

GRAND TRAVERSE COUNTY HOSPITAL FINANCE AUTHORITY/MUNSON HEALTHCARE OBLIGATED GROUP (MICHIGAN): $50 million series 2011A revenue refunding bonds (A1//AA-); negotiated; Bank of America Merrill Lynch (sole); bonds due 2012 to 2026 with term bonds; proceeds to purchase and cancel obligated group's series 1998A revenue bonds and refund its series 2001A, 2002A and 2005A-B revenue bonds.

HOUSTON (TEXAS): $260 million series 2011 hotel occupancy tax and special revenue refunding bonds (A2/A-/); negotiated; Piper Jaffray & Co. (lead); Bank of America Merrill Lynch, Hutchinson, Shockey, Erley & Co., Estrada Hinojosa & Co., Mesirow Financial Inc. and Raymond James & Associates Inc. (co-managers); proceeds to refund auction-rate bonds and refund city's series 2001A hotel occupancy tax and special revenue bonds.

LEE COUNTY (FLORIDA): $118.9 million of series 2011A airport revenue refunding bonds; negotiated; Citigroup Global Markets Inc. (lead); Raymond James & Associates, Inc. (co-manager); serial maturities from 2013 through 2026 and a term due 2029; proceeds to refund all or a portion of the county's outstanding series 2000A airport revenue bonds.

MAINE HEALTH AND HIGHER EDUCATIONAL FACILITIES AUTHORITY/MAINEGENERAL MEDICAL CENTER: $290 million series 2011 revenue bonds (Baa3//BBB-); negotiated; Bank of America Merrill Lynch and Raymond James & Associates Inc. (lead); Morgan Keegan & Co. Inc., Morgan Stanley & Co. Inc. and Wells Fargo Securities LLC (co-managers); proceeds to construct and equip a 580,000 square-foot hospital in Augusta, Maine, to consolidate the medical center's two inpatient facilities located in Augusta and Waterville.

MASSACHUSETTS DEVELOPMENT AGENCY: $90.985 million of UMass Memorial issue series H revenue bonds (Baa1/A-/); negotiated; Morgan Stanley & Co. Inc. (lead); Bank of America Merrill Lynch (co-manager); serial maturities from 2012 through 2022 and terms due 2026 and 2031; proceeds will be deposited in refunding trust funds and applied to the redemption of bonds on Sept. 9, 2011.

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.

SAN BUENAVENTURA/COMMUNITY MEMORIAL HEALTH SYSTEM (CALIFORNIA): $345.9 million series 2011 revenue bonds (Ba2/BB/); negotiated; Bank of America Merrill Lynch (sole); bonds due 2016 to 2021 with term bonds due 2026, 2031 and 2041; proceeds to upgrade, expand and modernize Community Memorial Health facilities, including installing seismic safety measures.

SUSTAINABLE ENERGY UTILITY (DELAWARE): $62.64 million series 2011 energy efficiency revenue bonds (Aa2/AA+/); negotiated; Citigroup Global Markets Inc. (sole); bonds due 2013 to 2031 with term bond due in 2034; proceeds to design, construct and install energy conservation measures.

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