Municipal Calendar: Metropolitan Transportation to sell $350 million

Week of November 5

COMAL INDEPENDENT SCHOOL DISTRICT (TEXAS): $158.04 million series 2012A unlimited tax refunding bonds (Aaa//AAA); negotiated; Raymond James/Morgan Keegan (lead); proceeds to refund certain outstanding bonds for interest cost savings; pricing week of Nov. 5.

DALLAS AREA RAPID TRANSIT (TEXAS): $128,315,000 series 2012 senior lien sales tax revenue bonds (Aa2/AA+/); negotiated; Loop Capital Markets LLC (lead); M.R. Beal & Co., Ramirez & Co. Inc. and Siebert Brandford Shank & Co. LLC (co-managers); proceeds to refund commercial paper notes; pricing week of Nov. 5.

FLORIDA DEVELOPMENT FINANCE CORP./RENAISSANCE CHARTER SCHOOL: $58,445,000 series 2012 educational facilities revenue bonds; negotiated; Ziegler Capital Inc. (lead); proceeds to finance the construction, equipment and acquisition of charter schools in Leon, Orange, Osceola and Palm Beach counties in Florida; pricing week of Nov. 5.

• $54,925,000 series 2012A tax-exempt bonds

• $3.52 million series 2012B taxable bonds

ILLINOS FINANCE AUTHORITY/CENTEGRA HEALTH SYSTEM: $195.89 million series 2012 revenue bonds (/A-/A-); negotiated; J.P. Morgan Securities LLC and U.S. Bancorp Inc. (lead); bonds due 2018 to 2022 with term bonds due in 2027, 2032 and 2038; proceeds to refund the authority's series 1998, 2002, 2003A and 2007 revenue bonds sold for Centegra Health; pricing week of Nov. 5.

METROPOLITAN TRANSPORTATION AUTHORITY (NEW YORK): $259.45 million series 2012G-2 variable-rate transportation revenue refunding bonds; negotiated; J.P. Morgan Securities LLC (lead); proceeds to refund existing authority debt; pricing week of Nov. 5.

• $59.45 million series 2012G-2a floating-rate notes

• $100 million series 2012G-2b floating-rate notes

• $50 million series 2012G-2c floating-rate notes

• $50 million series 2012G-2d floating-rate notes

METROPOLITAN TRANSPORTATION AUTHORITY (NEW YORK): $350 million series 2012H transportation revenue bonds; negotiated; Siebert Brandford Shank & Co. LLC, Duncan-Williams Inc. and Rice Financial Products Co. (lead); Bank of America Merrill Lynch, Barclays, Citigroup Global Markets Inc., Goldman, Sachs & Co., J.P. Morgan Securities LLC, Jefferies & Co., Morgan Stanley & Co. LLC, Ramirez & Co. Inc., Wells Fargo Securities LLC, BB&T Capital Markets LLC, Edward D. Jones & Co. LP, Fidelity Capital Markets LLC, First Southwest Co., Loop Capital Markets LLC, M.R. Beal & Co. Inc., Piper Jaffray & Co. Inc., Raymond James/Morgan Keegan, RBC Capital Markets LLC, Roosevelt & Cross Inc., Stifel, Nicolaus & Co. Inc. and TD Securities (USA) LLC (co-managers); proceeds to finance transit and commuter projects for the authority; pricing week of Nov. 5.

VIRGINIA RESOURCES AUTHORITY/GOOCHLAND COUNTY-TUCKAHOE CREEK SERVICE DISTRICT PROJECT: $54,021,677.95 series 2012 water and sewer system revenue refunding bonds (Aa2/AA/); negotiated; Citigroup Global Markets Inc. (lead); Jefferies & Co. and Loop Capital Markets LLC (co-managers); proceeds to refund authority's series 2002 bonds; pricing week of Nov. 5.

• $18,931,677.95 tax-exempt capital appreciation bonds due 2028 to 2035

• $28,605,000 tax-exempt current interest term bonds due Nov. 1, 2040

• $6,485,000 taxable refunding bonds due Nov. 1, 2041

WISCONSIN: $251.26 million series 2012A general fund annual appropriation refunding bonds (Aa3/AA-/AA-); negotiated; Jefferies & Co. Inc. (lead); proceeds to refund state's series 2003A general fund annual appropriation bonds; pricing week of Nov. 5.

Week of November 12

November 13

SANTA CLARA VALLEY WATER DISTRICT (CALIFORNIA): $54.2 million series 2012A refunding and improvement certificates of participation (/AA+/AAA); competitive; Public Resources Advisory Group (financial adviser); proceeds to finance flood control improvements and refund the district's series 2003A COPs; pricing Nov. 13.

November 15

MICHIGAN: $96.32 million series 2012 tax-exempt general obligation environmental program refunding bonds (Aa2/AA-/AA-); competitive; Robert W. Baird & Co. Inc. (financial adviser); bonds due 2013 to 2020; proceeds to refund existing debt; pricing Nov. 15.

On the Horizon

DALLAS AND FORT WORTH (TEXAS): $345,675,000 series 2012H Dallas/Fort Worth International Airport joint revenue improvement bonds (/A+/A+); negotiated; Bank of America Merrill Lynch and J.P. Morgan Securities LLC (lead); Raymond James/Morgan Keegan and Cabrera Capital Markets LLC (co-managers); proceeds to finance capital improvements to the Dallas/Fort Worth International Airport, as well as to fund capitalized interest.

HAMILTON HEALTH CARE SYSTEM (GEORGIA): $50 million series 2012 general obligation bonds (/A+/); negotiated; Bank of America Merrill Lynch (lead); proceeds to finance capital projects for the health care system.

HEALTH AND EDUCATIONAL FACILITIES BOARD OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY (TENNESSEE)/VANDERBILT UNIVERSITY: $144.54 million series 2012 revenue refunding bonds (Aa2/AA/AA+); negotiated; J.P. Morgan Securities LLC and Wells Fargo Securities LLC (lead); proceeds to refund and redeem the university's series 2000A and 2005A-1 revenue bonds.

• $100,155,000 series 2012D bonds

• $44,385,000 series 2012E bonds

KNOX COUNTY HEALTH, EDUCATIONAL AND HOUSING FACILITIES BOARD (TENNESSEE)/COVENANT HEALTH: $117,105,000 series 2012A hospital revenue refunding bonds; negotiated; Citigroup Global Markets Inc. and Raymond James/Morgan Keegan (lead); J.P. Morgan Securities LLC and U.S. Bancorp Inc. (co-managers); proceeds will be used to refund the board's series 2002A revenue bonds issued for Covenant Health.

MARIN COMMUNITY COLLEGE DISTRICT (CALIFORNIA): $91,995,000 series 2012 general obligation bonds (Aa1/AA/); competitive; Public Financial Management Inc. (financial adviser); proceeds to finance the construction, acquisition, equipment and repair of school facilities, as well as to refund existing G.O. debt.

MISSION HEALTH INC. (NORTH CAROLINA)/MISSION HEALTH COMBINED GROUP: $179.85 million series 2012 taxable health system revenue bonds (Aa3/AA-/AA-); negotiated; Bank of America Merrill Lynch and Wells Fargo Securities LLC (lead); bonds due Dec. 1, 2042; proceeds to finance capital improvements and equipment purchases for the combined group.

NEW JERSEY: $2.6 billion series 2013C tax and revenue anticipation notes; competitive; notes due June 27, 2013; proceeds to finance revenues and expenditures for the state's general fund ahead of the collection of taxes and revenues during the 2013 fiscal year.

NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY/WAKE FOREST UNIVERSITY: $110 million series 2012 educational facilities revenue bonds (Aa3/AA/); negotiated; Wells Fargo Securities LLC and BB&T Capital Markets LLC (lead); bonds due 2015 to 2033 with term bonds due 2040 and 2042; proceeds to construct and design residence halls, a dining hall and academic buildings, as well as to upgrade the university's heating plant.

NORTH CAROLINA MEDICAL CARE COMMISSION/WAKE FOREST BAPTIST OBLIGATED GROUP: $58.45 million series 2012C health care facilities revenue refunding bonds (Aa3/AA-/); negotiated; Goldman, Sachs & Co. and Morgan Stanley & Co. LLC (lead); bonds due Dec. 1, 2033; proceeds to expand the obligated group's comprehensive cancer center, to construct the Clemmons Medical Plaza in Clemmons, N.C., expand the obligated group's pediatric emergency department, to construct the Davie Medical Plaza in Bermuda Run, N.C., and upgrade information systems.

OHIO WATER DEVELOPMENT AUTHORITY: $400 million series 2012-13 water pollution control loan fund notes (/AAA/); negotiated; J.P. Morgan Securities LLC (sole); notes due July 15, 2035; proceeds to refund the authority's series 2002, 2003, 2004, 2005, 2005B, 2009, 2010, 2010B-C, 2011A-B and 2012A water quality bonds.

ORLANDO-ORANGE COUNTY EXPRESSWAY AUTHORITY (FLORIDA): $255.68 million series 2013A refunding revenue bonds; negotiated; Citigroup Global Markets Inc. (lead); Raymond James/Morgan Keegan, Loop Capital Markets LLC, Morgan Stanley & Co. LLC and RBC Capital Markets LLC (co-managers); bonds due 2026 to 2032 with term bond due in 2035; proceeds to refund the authority's series 2003B revenue bonds.

PENNSYLVANIA HOUSING FINANCE AGENCY: $230,765,000 series 2012-114 single-family mortgage revenue bonds; negotiated; Morgan Stanley & Co. LLC and Wells Fargo Securities LLC (lead); Bank of America Merrill Lynch, Barclays, Drexel Hamilton LLC, George K. Baum & Co., Janney Montgomery Scott LLC, Loop Capital Markets LLC, M&T Securities Inc., PNC Capital Markets LLC and RBC Capital Markets LLC (co-managers); proceeds to finance mortgage loans for affordable single-family housing.

• $124,325,000 series 2012-114A AMT bonds due 2013 to 2023 with term bond due in 2026

• $6.44 million series 2012-114B non-AMT bonds due 2015 to 2016

• $100 million series 2012-114C non-AMT bonds due 2027, 2032, 2037 and 2042

RHODE ISLAND STUDENT LOAN AUTHORITY: $260 million series 2012-2 Federal Family Education Loan Program-backed taxable Libor floating-rate notes; negotiated; Bank of America Merrill Lynch (lead); BMO Capital Markets LLC (co-manager); notes due Sept. 1, 2036; proceeds to acquire a portfolio of financed loans.

SALINE AREA SCHOOLS (MICHIGAN): $92.97 million series 2012 unlimited tax general obligation refunding bonds (/AA-/); negotiated; J.P. Morgan Securities LLC (lead); bonds due May 1, 2030; proceeds to refund existing G.O. debt.

TRUST FOR CULTURAL RESOURCES OF THE CITY OF NEW YORK/WILDLIFE CONSERVATION SOCIETY: $112,515,000 series 2012 revenue bonds (Aa3/AA-/); negotiated; Goldman, Sachs & Co. (lead); bonds due 2022 to 2033; proceeds to construct, equip, furnish and acquire Wildlife Conservation Society facilities at the Bronx Zoo and at the New York Aquarium.

UNIVERSITY OF WASHINGTON: $279,195,000 series 2012C general revenue bonds (Aaa/AA+/); competitive; Seattle-Northwest Securities Corp. (financial adviser); bonds due 2013 to 2043; proceeds to finance university capital facilities.

VIRGINIA COLLEGE BUILDING AUTHORITY: $142,435,000 series 2012B educational facilities revenue bonds; competitive; Public Resources Advisory Group (financial adviser); bonds due 2013 to 2042; proceeds to purchase institutional notes to finance construction projects for the authority.

WASHINGTON HEALTH CARE FACILITIES AUTHORITY/MULTICARE HEALTH SYSTEM: $60 million series 2012A revenue bonds (A-1//AA-); negotiated; Barclays (lead); Wells Fargo Securities LLC and J.P. Morgan Securities LLC (lead); bonds due 2013 to 2030; proceeds to finance or reimburse the health system for the construction, renovation, equipment, repair and acquisition of MultiCare facilities.

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