Municipals Calendar: Tennessee prepares $385 million bond deal

Week of February 13

DALLAS AND FORT WORTH (TEXAS)/DALLAS-FORT WORTH INTERNATIONAL AIRPORT: $440.81 million series 2012B non-AMT joint revenue refunding bonds (A1/A+/A+); negotiated; J.P. Morgan Securities LLC and Bank of America Merrill Lynch (lead); Loop Capital Markets LLC, Ramirez & Co. Inc., RBC Capital Markets LLC and Stifel, Nicolaus & Co. Inc. (co-managers); bonds due 2012 to 2031 with a term bond due in 2035; proceeds to refund airport's series 2000A, 2001A, 2002B-C and 2003A bonds; pricing week of Feb. 13.

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; pricing week of Feb. 13.

KENTWOOD PUBLIC SCHOOLS (MICHIGAN): $58,935,000 series 2012 general obligation refunding bonds; negotiated; Fifth Third Securities Inc. and Edward D. Jones & Co. LP (lead); bonds due 2012 to 2023; proceeds to refund existing G.O. debt; pricing week of Feb. 13.

OKLAHOMA COUNTY FINANCING AUTHORITY/MIDWEST CITY-DEL CITY PUBLIC SCHOOLS: $72,075,000 series 2012 educational facilities lease revenue bonds (/A+/); negotiated; D.A. Davidson & Co.; bonds due 2013 to 2019;proceeds to pay for the costs to construct, equip, repair and remodel school buildings and acquire and improve school sites; pricing week of Feb. 13.

PUEBLO COUNTY (COLORADO): $55 million series 2012 certificates of participation (Aa3); negotiated; Wells Fargo Securities LLC (lead); proceeds to construct a new judicial building; pricing week of Feb. 13.

PUERTO RICO AQUEDUCT AND SEWER AUTHORITY: series 2012A senior lien revenue bonds (Baa2/BBB-/BBB); negotiated; Bank of America Merrill Lynch (lead); Citigroup Global Markets Inc.; J.P. Morgan Securities LLC; Barclays Capital Inc.; BMO Capital Markets Inc.; Goldman Sachs & Co.; Jefferies & Co. Inc.; Morgan Stanley & Co. LLC; Ramirez & Co. Inc.; Raymond James & Associates Inc.; RBC Capital Markets LLC; UBS FS Puerto Rico; Wells Fargo Securities LLC; BBVAPR MSD; First Bank Puerto Rico Securities Inc.; Oriental Securities Inc.; Popular Securities Inc.; Santander Securities Inc.; Scotia MSD; and VAB Financial Inc. (co-managers); proceeds will be used to finance the authority's five-year capital improvement program; pricing week of Feb. 13.

PUERTO RICO AQUEDUCT AND SEWER AUTHORITY: series 2012B senior lien revenue bonds (Baa2/BBB-/BBB-); negotiated; Bank of America Merrill Lynch (lead); Popular Securities Inc.; Santander Securities Inc.; UBS FS Puerto Rico; Barclays Capital Inc.; BBVAPR MSD; Citigroup Global Markets Inc.; First Bank Puerto Rico Securities; Oriental Financial Services Inc.; Ramirez & Co. Inc.; Raymond James & Associates Inc.; and Scotia MSD (co-managers); proceeds to finance the authority's five-year capital improvement plan; pricing week of Feb. 13.

WILL COUNTY FOREST PRESERVE DISTRICT (ILLINOIS): $66,775,000 series 2012 unlimited tax general obligation refunding bonds; negotiated; Wells Fargo Securities LLC (lead); bonds due 2016 to 2024; proceeds to advance refund existing debt; pricing week of Feb. 13.

February 14

MARYLAND TRANSPORTATION AUTHORITY: $60.47 million series 2012 tax-exempt transportation facilities projects revenue refunding bonds (Aa3/AA-/AA-); competitive; Public Financial Management Inc. and Davenport & Co. LLC (financial adviser); bonds due 2013 to 2028 with a term bond; proceeds to advance refund certain maturities of the authority's series 2004 revenue bonds; pricing Feb. 14.

TENNESSEE: $385 million series 2012A general obligation refunding bonds (Aaa/AA+/AAA); negotiated; J.P. Morgan Securities LLC (lead); Morgan Keegan & Co. Inc.; Citigroup Global Markets Inc.; Piper Jaffray & Co.; Goldman Sachs & Co.; and Wells Fargo Securities LLC (co-managers); bonds due 2016 to 2027; proceeds to refund state's series 2005B, 2006A, 2007A, 2008A, 2009A, 2009C and 2010A G.O. bonds; pricing Feb. 14.

UNIVERSITY OF CINCINNATI: $67.4 million series 2012 general receipts bonds (Aa3); negotiated; RBC Capital Markets LLC (lead); proceeds to finance capital improvements to the university; pricing Feb. 14.

February 15

DORMITORY AUTHORITY OF THE STATE OF NEW YORK: $829 million series 2012A state university educational facilities general resolution revenue bonds; negotiated; Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC (lead); Bank of America Merrill Lynch; BB&T Capital Markets Inc.; Blaylock Robert Van LLC; Cabrera Capital Markets LLC; Duncan-Williams Inc.; Fidelity Capital Markets Inc.; Goldman Sachs & Co.; Grigsby & Associates Inc.; Jackson Securities Inc.; Janney Montgomery Scott LLC; Jefferies & Co. Inc.; J.P. Morgan Securities LLC; KeyBanc Capital Markets LLC; Lebenthal & Co. Inc.; Loop Capital Markets LLC; M.R. Beal & Co. Inc.; Morgan Keegan & Co. Inc.; Oppenheimer & Co. Inc.; Piper Jaffray & Co.; Prager, Sealy & Co. Inc.; RBC Capital Markets LLC; Ramirez & Co. Inc.; Raymond James & Associates Inc.; Rice Financial Products Co.; Roosevelt & Cross Inc.; Siebert Brandford Shank & Co. LLC; Southwest Securities Inc.; Sterne, Agee & Leach Inc.; Stifel, Nicolaus & Co. Inc.; and TD Securities (USA) Inc. (co-managers); proceeds to refund authority's series 2002B bonds; pricing Feb. 15.

February 16

DOUGLAS COUNTY SCHOOL DISTRICT (COLORADO): $52 million series 2012 general obligation refunding bonds (Aa1//AA+); negotiated; RBC Capital Markets LLC (lead); proceeds to advance refund certain maturities of the district's series 2005B, 2006B and 2007A G.O. bonds; pricing Feb. 16.

LAKE TRAVIS INDEPENDENT SCHOOL DISTRICT (TEXAS): $158.5 million series 2012 unlimited tax school building bonds (//AAA); negotiated; BOSC Inc. (lead); proceeds to finance construction, equipment and acquisition of school facilities and property; pricing Feb. 16.

VIRGINIA: $96,825,000 series 2012A general obligation bonds; competitive; Public Resources Advisory Group LLC (financial adviser); bonds due 2013 to 2025; proceeds to refund commonwealth's series 2002, 2003A, 2004A and 2005A G.O. bonds; pricing Feb. 16.

Week of February 27

February 28

WASHINGTON STATE: $188,595,000 series 2012E motor vehicle fuel tax general obligation bonds; competitive; Montague DeRose and Associates, LLC and Seattle-Northwest Securities Corp. (financial advisers); bonds due 2013 to 2042; proceeds to refund outstanding general obligation bonds; series 2012D and series 2012E bonds pricing Feb. 28.

On the Horizon

DEVELOPMENT AUTHORITY OF FULTON COUNTY/GEORGIA TECH ATHLETIC ASSOCIATION: $124.54 million series 2012 revenue bonds (A2//A+); negotiated; Bank of America Merrill Lynch; proceeds to refund series 2001 revenue bonds, pay termination fees and to finance or refinance campus improvements.

• $97.925 million of series 2012A bonds due 2019, 2022, and 2027 to 2032 with term bonds due 2036 and 2042

• $26.615 million of series 2012B bonds due 2012 to 2027 and term bonds due 2031 and 2037

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.

GEORGIA PRIVATE COLLEGES AND UNIVERSITIES AUTHORITY/MERCER UNIVERSITY: $89,005,000 series 2012 revenue refunding bonds (Baa2); negotiated; George K. Baum & Co. (lead); proceeds to refund existing revenue bonds.

• $79,215,000 series 2012A bonds

• $9.79 million series 2012A taxable bonds

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.

NEW HAMPSHIRE: $65.93 million series 2012B turnpike system revenue bonds; negotiated; Wells Fargo Securities LLC (lead); Barclays Capital Inc. and Citigroup Global Markets Inc. (co-managers); bonds due 2014 to 2024; proceeds to refund the state's series 2003 turnpike system revenue bonds.

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