Municipals Calendar: Boston preps $238.1 million sale of bonds

Week of March 12

CHARLOTTE (NORTH CAROLINA): $175.69 million series 2012A general obligation refunding bonds (Aaa/AAA/AAA); negotiated; Wells Fargo Securities LLC and Bank of America Merrill Lynch (lead); Stephens Inc. (co-managers); bonds due 2013 to 2032; proceeds to refund the city's series 2002 G.O. bonds and repay certain commercial paper notes; pricing week of March 12.

HONOLULU BOARD OF WATER SUPPLY (HAWAII): $88,495,000 series 2012A water system revenue bonds; negotiated; Bank of America Merrill Lynch (lead); bonds due 2012 to 2031 with term bond due in 2033; proceeds to refund board's series 2001, 2004A and 2006A bonds; pricing week of March 12.

IDAHO STATE BUILDING AUTHORITY: $78,135,000 series 2012 state building refunding revenue bonds (Aa2/AA/); negotiated; Citigroup Global Markets Inc. (underwriter); proceeds to refund debt; pricing week of March 12.

• $6.04 million series 2012A health and welfare bonds due 2012 to 2024

• $36,695,000 series 2012B water center bonds due 2012 to 2043

• $7,045,000 series 2012C Idaho State University bonds due 2012 to 2023

• $5 million series 2012D College of Western Idaho bonds due 2012 to 2023

• $6.77 million series 2012E University of Idaho bonds due 2014 to 2023

• $5,785,000 series 2012F Lewis-Clark State College bonds due 2014 to 2023

• $6,355,000 series 2012G North Idaho College bonds due 2014 to 2023

• $3.12 million series 2012H College of Southern Idaho bonds due 2014 to 2023

• $1,325,000 series 2012I Idaho State Police/POST Academy bonds due 2014 to 2023

LEE COUNTY SCHOOL BOARD (FLORIDA): $116.37 million series 2012B certificates of participation; negotiated; Bank of America Merrill Lynch (lead); Wells Fargo Securities LLC, RBC Capital Markets LLC, Citigroup Global Markets Inc. and J.P. Morgan Securities LLC (co-managers); proceeds to refund school board's series 2002A and 2004A certificates; pricing week of March 12.

LONG BEACH BOND FINANCE AUTHORITY (CALIFORNIA)/AQUARIUM OF THE PACIFIC: $100 million series 2012 refunding revenue bonds (A1); negotiated; Loop Capital Markets LLC (lead); De La Rosa & Co. Inc. and Morgan Stanley & Co. LLC (co-managers); proceeds to refund and defease existing debt; pricing week of

March 12.

NEW JERSEY INSTITUTE OF TECHNOLOGY: $69,945,000 series 2012A general obligation bonds (/A+/); negotiated; Morgan Stanley & Co. LLC (lead); Citigroup Global Markets Inc. and Prager, Sealy & Co. LLC (co-managers); bonds due 2019 to 2027 with term bonds due in 2032 and 2042; proceeds to finance various capital projects, including the construction of the Greek Village and Dorman Honors College Residential Facility; pricing week of March 12.

NEW YORK STATE THRUWAY AUTHORITY: $779,315,000 series 2012A second general highway and bridge trust fund bonds (/AA/AA0; negotiated; Bank of America Merrill Lynch and Loop Capital Markets LLC (lead); Barclays Capital Inc.; Ramirez & Co. Inc.; J.P. Morgan Securities LLC; Fidelity Capital Markets Inc.; Janney Montgomery Scott LLC; Jefferies & Co.; KeyBanc Capital Markets LLC; Stifel, Nicolaus & Co. Inc.; and Wells Fargo Securities LLC; bonds due 2013 to 2032; proceeds to reimburse the state for certain transportation projects, as well as to refund the authority's series 2002C and 2003A-B bonds; pricing week of March 12.

OFFICE FACILITIES CORP. (LOUISIANA)/LOUISIANA STATE CAPITOL COMPLEX PROGRAM: $70,045,000 series 2012 lease revenue refunding bonds (Aa3//AA-); negotiated; Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC (lead); Loop Capital Markets LLC, Morgan Keegan & Co. Inc. and Raymond James & Associates Inc. (co-managers); bonds due 2014 to 2023; proceeds to refund the corporation's series 2003 lease revenue bonds, which were initially issued to finance improvements and renovations to the Louisiana capitol building; pricing week of March 12.

OLYMPIA SCHOOL DISTRICT NO. 111 (WASHINGTON): $59,865,000 series 2012 unlimited tax general obligation refunding bonds (Aa2/A+/); competitive; D.A. Davidson & Co. (financial adviser); bonds due 2012 to 2023; proceeds to advance refund district's series 2003 and 2005A G.O. bonds; pricing week of March 12.

TRAVIS COUNTY HEALTH FACILITIES DEVELOPMENT CORP./LONGHORN VILLAGE (TEXAS): $112,245,000 series 2012 first mortgage revenue refunding bonds; negotiated; BB&T Capital Markets Inc. and ME Allison & Co. Inc. (lead); proceeds to fund working capital needs of the Longhorn Village retirement community in Austin, Texas, as well as to refund existing debt and terminate a swap agreement connected to the refunded bonds; pricing week of March 12.

• $83,635,000 series 2012A fixed-rate bonds due 2022, 2032, 2042 and 2047

• $5 million series 2012B adjustable-rate bonds due Jan. 1, 2047

• $19 million series 2012C-1 temporary fixed-rate bonds

• $4.61 million series 2012C-2 taxable temporary fixed-rate bonds

UTAH ASSOCIATED MUNICIPAL POWER SYSTEMS: $77.83 million series 2012 Payson Power Project refunding revenue bonds (/A-/A); negotiated; BMO Capital Markets LLC (lead); Bank of America Merrill Lynch and Wells Fargo Securities LLC (co-managers); bonds due 2013 to 2026; proceeds to refund the power systems' series 2003A and 2007 revenue bonds; pricing week of March 12.

March 14

BOSTON (MASSACHUSETTS): $238.1 million series 2012 general obligation bonds; competitive; Public Financial Management Inc. (financial adviser); proceeds to current refund city's series 2002A-B G.O. bonds and advance refund its series 2003A, 2004A and 2005A G.O. bonds; pricing March 14.

• $121,975,000 series 2012A bonds due 2013 to 2032

• $87.96 million series 2012B bonds due 2013 to 2024

• $28,165,000 series 2012C bonds due 2013 to 2018

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/NEW YORK UNIVERSITY: $205,195,000 series 2012A revenue bonds (Aa3/AA-/); negotiated; Bank of America Merrill Lynch, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC (co-managers); Barclays Capital Inc.; Lebenthal & Co. LLC; Loop Capital Markets LLC; Morgan Keegan & Co. Inc.; Oppenheimer & Co. Inc.; Ramirez & Co. Inc.; Roosevelt & Cross Inc.; and US Bancorp Investments Inc. (co-managers); bonds due 2013 to 2032 with term bonds due in 2037 and 2042; proceeds to construct, acquire, develop and equip an academic building to be used by the New York University School of Law, as well as to construct, acquire, renovate and equip a condominium unit to be utilized as administrative offices; pricing March 14.

KNOXVILLE (TENNESSEE): $96.96 million series 2012 electric system revenue refunding bonds (Aa2/AA+/); competitive; Morgan Keegan & Co. Inc. (financial adviser); proceeds to refinance existing debt; pricing March 14.

• $41.2 million series 2012AA electric system revenue refunding bonds due 2012 to 2029

• $26.6 million series 2012Q gas revenue refunding bonds due 2013 to 2029

• $10.9 million series 2012X water system revenue refunding bonds due 2013 to 2029

• $18.26 million series 2012A wastewater system revenue refunding bonds due 2013 to 2029

On the Horizon

BELLEVUE (WASHINGTON): $98.5 million series 2012 limited tax general obligation refunding bonds; negotiated; Citigroup Global Markets Inc. and D.A. Davidson & Co. (lead); bonds due 2013 to 2043; proceeds to refund city's series 2004 G.O. bonds.

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/FORDHAM UNIVERSITY: up to $50 million fixed-rate tax-exempt bonds; negotiated; Bank of America Merrill Lynch (lead); maturity not to exceed 22 years; proceeds to refund university's series 1998 revenue bonds and 2002 revenue bonds.

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/NEW YORK UNIVERSITY: up to $73,025,000 of fixed- and/or variable-rate taxable bonds; maturity not to exceed 40 years; proceeds to pay all or a part of a line of credit used to construct the NYU Global Center for Academic and Spiritual Life.

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/NORTH SHORE-LONG ISLAND JEWISH HEALTH SYSTEM: up to $79 million of series 2012 tax-exempt bonds; negotiated; Citigroup Global Markets Inc. (lead); proceeds to refund a portion of the health system's series 1998 bonds.

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/TEACHERS COLLEGE: up to $75 million of fixed- and/or variable-rate series 2012 bonds; negotiated; maturity not to exceed 30 years; proceeds to refund authority's MBIA-insured series 2002 bonds, as well as to renovate the college's Bancroft Hall, an eight-story, 108-unit residence hall.

ENERGY NORTHWEST (WASHINGTON): $155,795,000 series 2012 electric revenue refunding bonds; negotiated; Goldman, Sachs & Co. (lead); Citigroup Global Markets Inc. and Bank of America Merrill Lynch (co-managers); proceeds to advance refund the utility's series 2003A project 1 and project 3 revenue bonds.

• $40,675,000 series 2012B project 1 bonds due 2016 to 2017

• $29,135,000 series 2012B project 3 bonds due 2017

• $24.17 million series 2012C taxable project 1 bonds due 2016

• $61,185,000 series 2012C taxable project 3 bonds due 2015 to 2016

GALLIA COUNTY (OHIO)/HOLZER HEALTH SYSTEM OBLIGATED GROUP: $118.3 million series 2012A hospital facilities revenue refunding and improvement bonds; negotiated; RBC Capital Markets LLC (underwriter); proceeds to construct, acquire, equip and renovate new and existing Holzer Health facilities, as well as to refund its series 1998 and 2005 revenue bonds and repay several promissory notes and commercial loans.

JACKSONVILLE (FLORIDA): $355.18 million series 2012 Better Jacksonville sales tax refunding revenue bonds (A1/A+/A+); negotiated; Goldman, Sachs & Co. (lead); CastleOak Securities LP, Loop Capital Markets LLC, Morgan Stanley & Co. LLC and Wells Fargo Securities LLC (co-managers); bonds due 2014 to 2030; proceeds to make improvements to the city's transportation system, parks, infrastructure, roads and other capital projects.

JACKSONVILLE (FLORIDA): $203.34 million series 2012 transportation refunding revenue bonds (A1/AA-/AA-); negotiated; Goldman, Sachs & Co. (lead); CastleOak Securities LP, Loop Capital Markets LLC, Morgan Stanley & Co. LLC and Wells Fargo Securities LLC (co-managers); proceeds to refund city's series 2001 bonds and series 1997 state bonds.

• $146,945,000 series 2012A bonds due 2023 to 2031

• $55,395,000 series 2012B bonds due 2013 to 2023

LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT/CATHOLIC HEALTH INITIATIVES (KENTUCKY): $272.25 million series 2012A revenue bonds (Aa2/AA/AA); negotiated; Morgan Stanley & Co. LLC (lead); J.P. Morgan Securities LLC and Edward D. Jones & Co. LP; proceeds to advance refund existing Catholic Health bonds.

OREGON: $337,955,000 series 2012 general obligation bonds (Aa1/AA+/AA+); negotiated; Citigroup Global Markets Inc. and Bank of America Merrill Lynch (lead); Fidelity Capital Markets LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Seattle-Northwest Securities Corp. and Siebert Brandford Shank & Co. LLC (co-managers); proceeds to prepay state's series 2002B, 2002C, 2002E, 2003A, 2004B, 2005A-B and 2006A certificates of participation.

• $48.22 million series 2012H various purpose bonds due 2013 to 2032 with term bond due in 2036

• $53,165,000 series 2012I tax-exempt Oregon Department Transportation bonds due 2015 to 2023 with term bond due in2 037

• $12,575,000 series 2012J taxable Oregon Department of Transportation bonds due 2013 to 2014

• $57.19 million series 2012K tax-exempt refunding bonds due 2012 to 2030

• $159.06 million series 2012L tax-exempt refunding bonds due 2012 to 2030

• $7,745,000 series 2012M taxable refunding bonds due 2012 to 2014

NASH HEALTH CARE SYSTEM (NORTH CAROLINA): $70 million series 2012 health care facilities revenue bonds (/A/); negotiated; Bank of America Merrill Lynch and BB&T Capital Markets LLC (lead); bonds due 2013 to 2021 with term bonds due in 2026, 2031 and 2041; proceeds to relocate, construct, equip and furnish the emergency department and heart center at Nash General Hospital; expand the existing central energy plant to accommodate the new emergency department and heart center; and renovate other facilities operated by Nash Health Care.

NEW YORK LIBERTY DEVELOPMENT CORP.: $452.79 million series 2012 liberty revenue refunding bonds; negotiated; J.P. Morgan Securities LLC and Bank of America Merrill Lynch (lead); M.R. Beal & Co. Inc., Ramirez & Co. Inc. and Siebert Brandford Shank & Co. LLC (co-managers); bonds due 2028 to 2040 with term bonds due in 2043 and 2044; proceeds to refund corporation's bonds used to construct certain floors at 7 World Trade Center.

RALEIGH (NORTH CAROLINA): $119,185,000 series 2012 combined enterprise system revenue refunding bonds (Aa1/AAA/); negotiated; Citigroup Global Markets Inc. (lead); Baird & Co. Inc. and Stephens Inc. (co-managers for 2012A); Wells Fargo Securities LLC (co-manager for 2012B); proceeds to refund city's series 2004 and 2006A combined enterprise system revenue bonds.

• $59,185,000 series 2012A bonds due 2024 to 2031

• $60 million series 2012B bonds due 2013 to 2035

TEXAS: $137,075,000 series 2012C water financial assistance general obligation bonds (Aaa/AA+/AAA); negotiated; Morgan Stanley & Co. LLC (lead); Bank of America Merrill Lynch, Estrada Hinojosa & Co. Inc., Ramirez & Co. Inc., Siebert Brandford Shank & Co. LLC and Southwest Securities Inc. (co-managers); bonds due 2015 to 2032 with term bond due in 2038; proceeds to be deposited into an account and distributed to political subdivisions as needed for water facilities projects.

UNIVERSITY OF ARKANSAS: $62,075,000 series 2012 various facilities revenue refunding bonds (Aa2); negotiated; Stephens Inc. and Crews & Associates Inc. (lead); bonds due 2012 to 2032; proceeds to refund university's series 2002 and 2004A various facilities revenue bonds.

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