Municipals Calendar: Aurora Health to sell $234 million of bonds

Week of January 16

SOUTH CAROLINA PUBLIC SERVICE AUTHORITY (SANTEE COOPER): $235,665,000 series 2012 revenue obligations; negotiated; Morgan Stanley & Co. LLC (lead); Barclays Capital Inc.; Bank of America Merrill Lynch; Goldman, Sachs & Co.; Citigroup Global Markets Inc.; and J.P. Morgan Securities LLC (co-managers); proceeds to refund authority's series 2002A, 2002D and 2003A refunding bonds; pricing week of Jan. 16.

• $28.24 million series 2012A tax-exempt refunding obligation bonds due 2016 to 2021

• $26,815,000 series 2012B tax-exempt refunding obligation bonds due 2012 and 2014 to 2020

• $180.61 million series 2012C taxable obligation due 2012 to 2020

UNIVERSITY OF OKLAHOMA: $77.5 million series 2012 general revenue bonds (//AA); negotiated; Barclays Capital Inc. (lead); proceeds to fund construction of various student athletic housing and instruction facilities on the university's Norman campus; pricing week of Jan. 16.

VILLAGE COMMUNITY DEVELOPMENT DISTRICT NO. 9 (FLORIDA): $54.395 million series 2012 special assessment revenue bonds; negotiated; Citigroup Global Markets Inc. (lead); bonds due May, 1, 2022, May 1, 2032 and May 1, 2042; proceeds to construct, acquire, renovate and furnish a retirement community in Wildwood, Fla., called The Villages; pricing week of Jan. 16.

January 20

WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY/AURORA HEALTH CARE INC.: $234.1 million series 2012A revenue bonds (A3//A); negotiated; Bank of America Merrill Lynch and BMO Capital Markets LLC (lead); Baird & Co., Edward D. Jones & Co. LP and J.P. Morgan Securities LLC (co-managers); proceeds to refund health care system's series 1996 Aurora Sinai bonds, its 1996 Aurora Medical Group bonds and its series 1999A-B bonds.

Week of January 23

January 24

WAKE COUNTY (NORTH CAROLINA): $176,195,000 series 2012 general obligation bonds; competitive; Waters & Co. LLC (financial adviser); proceeds to refund county's series 2004A G.O. bonds and series 2004B G.O. school bonds; pricing Jan. 24.

• $96.79 million series 2012A general obligation school bonds due 2013 to 2031

• $79,405,000 series 2012B general obligation refunding bonds due 2018 to 2021

Week of January 30

February 2

UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY (KANSAS): $63,465,000 series 2012 general obligation improvement bonds; competitive; Springsted Inc. (financial adviser); proceeds to fund capital improvements within the county and city; pricing Feb. 2.

• $15,655,000 series 2012A G.O. improvement bonds due 2013 to 2032

• $47.81 million series 2012B taxable G.O. improvement bonds due 2013 to 2017

On the Horizon

AK STEEL HOLDING CORP./OHIO AIR QUALITY DEVELOPMENT AUTHORITY/CITY OF ROCKPORT, IND./BUTLER COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY OF PENNSYLVANIA: $73.3 million series 2012A revenue refunding bonds; negotiated; Wells Fargo Securities LLC and Bank of America Merrill Lynch (lead); proceeds to refund all the corporation's outstanding Ohio, Indiana and Pennsylvania revenue bonds within 90 days of issuance.

• $36 million series 2012A bonds through Ohio Air Quality Development Authority due June 1, 2024

• $30 million series 2012A bonds through City of Rockport, Ind. due June 1, 2028

• $7.3 million series 2012A bonds through Butler County Industrial Development Authority, Pa. due June 1, 2020

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/MANHATTAN COLLEGE: $55 million (maximum); negotiated; proceeds to construct a student commons building and refund the college's series 2000 insured revenue bonds.

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/MEMORIAL SLOAN-KETTERING CANCER CENTER: $340 million fixed- or variable-rate tax-exempt bonds; negotiated; Goldman, Sachs & Co. (lead); proceeds to refund cancer center's series 2003-1 revenue bonds.

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/ROCKEFELLER UNIVERSITY: $90 million (maximum); negotiated; J.P. Morgan Securities LLC (lead); proceeds to refund university's series 1998 and 2002A-1 revenue bonds.

GOVERNMENT DEVELOPMENT BANK OF PUERTO RICO: series 2012A taxable senior notes; negotiated; J.P. Morgan Securities LLC (lead); Bank of America Merrill Lynch; Citigroup Global Markets Inc.; Ramirez & Co. Inc.; Barclays Capital Inc.; Goldman, Sachs & Co.; Jefferies & Co.; Morgan Stanley & Co. LLC; RBC Capital Markets LLC; Wells Fargo Securities LLC; BBVAPR MSD; First Bank Securities; Popular Securities Inc.; Santander Securities Inc.; Scotia MSD; and UBS FS Puerto Rico; proceeds for general corporate purposes including increasing bank's investment portfolio.

ILLINOIS FINANCE AUTHORITY/UNIVERSITY OF CHICAGO: $334,815,000 series 2012A revenue bonds (Aa1/AA/AA+); negotiated; Bank of America Merrill Lynch (lead); Loop Capital Markets LLC, The Northern Trust Co., PNC Capital Markets LLC and William Blair & Co. Inc. (co-managers); bonds due 2012 to 2032 with term bond due 2051; proceeds to be loaned to the university to pay for the costs of constructing, acquiring, repairing and renovating its educational facilities, as well as to advance refund existing debt.

INDIANA FINANCE AUTHORITY: $173,855,000 series 2012A state revolving fund program refunding bonds; negotiated; Bank of America Merrill Lynch and Goldman, Sachs & Co. (lead); Jefferies & Co.; CastelOak Securities LP; J.J.B Hilliard, W.L. Lyons LLC; Raymond James & Associates Inc.; and Ramirez & Co. Inc. (co-managers); bonds due 2013 to 2014 and 2020 to 2027; proceeds to refund existing debt.

JACKSON REDEVELOPMENT AUTHORITY (MISSISSIPPI): $90 million series 2011 urban renewal revenue bonds; negotiated; Rice Financial Products Co. (lead); proceeds to finance capital projects in Jackson, Miss.

JACKSONVILLE ELECTRIC AUTHORITY (FLORIDA): $402,375,000 series 2012 water and sewer revenue bonds; negotiated; Goldman, Sachs & Co. (lead); Morgan Stanley & Co. LLC, Bank of America Merrill Lynch, Barclays Capital Inc., BMO Capital Markets LLC, Citigroup Global Markets Inc., Jefferies & Co. Inc., J.P. Morgan Securities LLC, Loop Capital Markets LLC, Morgan Keegan & Co. Inc., RBC Capital Markets LLC and Wells Fargo Securities LLC (co-managers); proceeds to refund existing debt.

• $356.32 million series 2012A bonds

• $46,055,000 series 2012A subordinated bonds

MARTIN COUNTY HEALTH FACILITIES AUTHORITY/MARTIN MEMORIAL CENTER (FLORIDA): $133,145,000 series 2012 hospital revenue bonds (Baa1/BBB/); negotiated; Ziegler Capital Markets Inc. (lead); proceeds to finance construction of a new hospital located in Port St. Lucie, Fla., about 16 miles from the medical center's Stuart, Fla., campus.

MASSACHUSETTS: $171.24 million series 2012A Sifma index general obligation refunding bonds; negotiated; Citigroup Global Markets Inc. (lead); Bank of America Merrill Lynch, Morgan Stanley & Co. LLC, Barclays Capital Inc., Fidelity Capital Markets Inc., J.P. Morgan Securities LLC, Jefferies & Co., Morgan Keegan & Co. LLC, Ramirez & Co. Inc., Raymond James & Associates Inc. and Siebert Brandford Shank & Co. LLC (co-managers); bonds due 2013 to 2017; proceeds to refund commonwealth's series 2010A and 2011A Sifma index G.O. refunding bonds.

MEMORIAL SLOAN-KETTERING CANCER CENTER (NEW YORK): 5% taxable bonds (Aa2/AA-/AA); negotiated; Goldman, Sachs & Co. (lead); J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC; bonds due July 1, 2042; proceeds to finance capital projects for the cancer center.

METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY (TENNESSEE): $225 million series 2012 general obligation refunding bonds; negotiated; Jefferies & Co. (lead); Piper Jaffray & Co., Fifth Third Securities Inc., Morgan Keegan & Co. Inc., Rice Financial Products Co., Terminus Securities LLC and Wiley Bros. - Aintree Capital LLC; bonds due 2014 to 2025; proceeds to refund government's series 2005B-C, 2006B and 2008 general obligation bonds, its series 2007A G.O. refunding bonds and its variable-rate loan agreement with the Public Building Authority of the City of Clarksville, Tenn.

NEW YORK CITY MUNICIPAL WATER FINANCE AUTHORITY: $400 million series 2012 water and sewer system second general resolution revenue bonds; negotiated; Ramirez & Co. Inc. (lead); Barclays Capital Inc.; Jefferies & Co.; Morgan Keegan & Co. Inc.; M.R. Beal & Co. Inc.; Bank of America Merrill Lynch; Citigroup Global Markets Inc.; Fidelity Capital Markets LLC; Goldman, Sachs & Co.; J.P. Morgan Securities LLC; Loop Capital Markets LLC; Morgan Stanley & Co. LLC; Raymond James & Associates Inc.; RBC Capital Markets LLC; Rice Financial Products Co.; Roosevelt & Cross Inc.; Siebert Brandford Shank & Co. LLC; Wells Fargo Bank, NA; BB&T Capital Markets LLC; Lebenthal & Co. LLC; Oppenheimer & Co. Inc.; Piper Jaffray & Co.; and Stifel, Nicolaus & Co. Inc. (co-managers); proceeds for a deposit to a construction fund and to refund existing commercial paper notes.

• $350 million series 2012CC bonds

• $50 million series 2012DD bonds

NORTHERN CALIFORNIA POWER AGENCY: $84.87 million series 2012 hydroelectric project number one revenue refunding bonds (/A/A); negotiated; Citigroup Global Markets Inc. (lead); Goldman, Sachs & Co. and Morgan Stanley & Co. LLC (co-managers); proceeds to refund agency's series 1998 hydroelectric project number one revenue bonds.

• $77.76 million series 2012A bonds due 2024 to 2032

• $7.11 million series 2012B bonds due July 1, 2024

PASADENA INDEPENDENT SCHOOL DISTRICT (TEXAS): $74,215,000 series 2012 unlimited tax school building bonds (Aa2/AA/); negotiated; Wells Fargo Securities LLC (lead); Raymond James & Associates Inc., Crews & Associates Inc., Jefferies & Co., Edward D. Jones & Co. LP and Southwest Securities Inc. (co-managers); proceeds to acquire, construct, renovate and equip school facilities in the district and to refund a portion of the district's series 2005 unlimited tax school building and refunding bonds.

• $61.29 million series 2012A school building bonds due 2013 to 2041

• $13,425,000 series 2012B refunding bonds due 2013 to 2021

SOUTH TEXAS HIGHER EDUCATION AUTHORITY: $276 million series 2012-1 taxable Libor floating-rate student loan-backed bonds (/AA+/AAA); negotiated; Deutsche Bank Securities Inc. (lead); Bank of America Merrill Lynch and RBC Capital Markets LLC (co-managers); bonds due Oct. 1, 2020; Oct. 1, 2024; and Oct. 1, 2046; proceeds to refund all the authority's series 2006 bonds and a portion of its series 2007 bonds.

UNIVERSITY OF CHICAGO: $190,405,000 series 2012B taxable fixed rate bonds (Aa1/AA/AA+); negotiated; Goldman, Sachs & Co. and J.P. Morgan Securities LLC (lead); proceeds to fund university capital projects and refund university's series 1985A variable-rate bonds, 2003A revenue bonds and 2004A revenue bonds.

WACO (TEXAS): $57.79 million series 2012 general obligation refunding bonds and certificates of obligation (Aa2/AA/); negotiated; Samco Capital Markets Inc. (lead); Southwest Securities Inc. and Rice Financial Products Co. (co-managers); proceeds to refund the city's series 2002 G.O. bonds, series 2002 combination tax and revenue certificates of obligation, series 2003 combination tax and revenue certificates of obligation and series 2005 combination tax and revenue certificates of obligation, as well as to construct, acquire, relocate and improve the city's fire service buildings, airport facilities, parks and recreational facilities, city streets, traffic control systems, sidewalks, street lighting and drainage systems.

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