Municipals Calendar: Lake Travis school preps $158 million 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.

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.

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 week of Feb. 13.

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 20

February 22

OHIO: $120 million series 2012A infrastructure improvement general obligation bonds (Aa1/AA+/AA+); competitive; Public Financial Management Inc. (financial adviser); bonds due 2013 to 2032; proceeds to finance local subdivision capital projects; pricing Feb. 22.

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

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.

INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF TEMPE (ARIZONA): $79.58 million series 2012 revenue refunding bonds; negotiated; Ziegler Capital Markets Inc. (lead); proceeds to refund existing debt and make a deposit to a debt service reserve fund.

• $75,095,000 series 2012A bonds

• $4,485,000 series 2012B taxable bonds

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.

OHIO WATER DEVELOPMENT AUTHORITY: $62.92 million series 2012A water pollution control revenue refunding bonds; negotiated; RBC Capital Markets LLC (lead); Citigroup Global Markets Inc., CastleOak Securities LP and Stifel, Nicolaus & Co. Inc. (co-manager); bonds due 2012 to 2018; proceeds to refund authority's series 2005B water quality revenue bonds.

UNIVERSITY OF TEXAS SYSTEM: $235 million series 2012B revenue financing system refunding bonds (Aaa/AAA/AAA); negotiated; Morgan Stanley & Co. LLC and Citigroup Global Markets Inc. (lead); Fidelity Capital Markets LLC; Goldman, Sachs & Co.; Loop Capital Markets LLC; Piper Jaffray & Co.; Ramirez & Co. Inc.; and Raymond James & Associates Inc. (co-managers); proceeds to make capital improvements to the university, refinance outstanding commercial paper notes and refund other debt.

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