Municipal Calendar: Albuquerque arranges $78.87 million bond deal

Week of April 16

April 16

ALBUQUERQUE (NEW MEXICO): $78,865,000 series 2012 general obligation bonds; competitive; RBC Capital Markets LLC (financial advisers); proceeds to finance public safety projects, citizens' centers, libraries, public transportation projects, cultural facilities, the city's zoo and biological park, storm sewers and streets; pricing April 16.

• $70,765,000 series 2012A general purpose bonds due 2013 to 2024

• $8.1 million series 2012B storm sewer bonds due 2024 to 2025

April 17

NEW YORK STATE BRIDGE AUTHORITY: $93,915,000 series 2012 general revenue bonds (Aa3/AA-/); competitive; Acacia Financial Group Inc. (financial adviser); bonds due 2014 to 2027; proceeds to finance several highway improvements, including the reconstruction of the Route 9/44/55 Interchange at the terminus of the Mid-Hudson Bridge, the reconstruction and improvement of the Interstate 84/Route 9D Interchange in Duchess County Intermodal Facility, the reconstruction of Route 9W and a portion of the replacement cost for the Tappan Zee Bridge; pricing April 17.

PENNSYLVANIA: $950 million first series of 2012 general obligation bonds; competitive; Public Financial Management Inc. (financial adviser); bonds due 2013 to 2032; proceeds to construct, acquire and rehabilitate capital facilities, improve sewage treatment systems and maintain and protect environmental projects, including open space and farmland preservation projects; pricing April 17.

VIRGINIA COLLEGE BUILDING AUTHORITY: $320.74 million 21st Century Colleges and Equipment Programs series 2012A educational facilities revenue bonds; competitive; First Southwest Co. (financial adviser); bonds due 2013 to 2032; proceeds to finance capital improvements and equipment purchases and higher educational facilities within the commonwealth; pricing April 17.

April 18

NEW JERSEY ENVIRONMENTAL INFRASTRUCTURE TRUST: $95.11 million series 2012 environmental infrastructure bonds; competitive; Public Financial Management Inc. (financial adviser); proceeds to finance smart growth projects in urban areas, make land purchases for open space and small water system projects; pricing April 18.

• $68,565,000 series 2012A bonds due 2013 to 2031

• $21,755,000 series 2012B AMT bonds due 2013 to 2031

• $4.79 million series 2012C taxable bonds due 2014 to 2031

Week of April 23

April 26

INDEPENDENT SCHOOL DISTRICT NO. 112 OF CHASKA (MINNESOTA): $54.17 million series 2012A general obligation alternative facilities and refunding bonds; competitive; bonds due 2013 to 2025; proceeds to finance capital improvements to school property in the district and refund debt; pricing April 26.

Week of April 30

May 1

NORFOLK (VIRGINIA): $206,645,000 series 2012 general obligation bonds; negotiated; proceeds to fund capital improvements and refund existing G.O. bonds; pricing May 1.

• $119,625,000 series 2012A tax-exempt G.O. capital improvement bonds

• $56,585,000 series 2012B tax-exempt G.O. capital improvement refunding bonds

• $8,945,000 series 2012C AMT G.O. refunding bonds

• $21.49 million series 2012D taxable qualified school reconstruction bonds

On the Horizon

ASCENSION HEALTH ALLIANCE (ILLINOIS): $352.1 million series 2012 revenue bonds (/AA+/); negotiated; Morgan Stanley & Co. LLC and Citigroup Global Markets Inc. (lead); proceeds to finance and refinance a variety of capital improvement projects completed by Ascension Health affiliates in Illinois, Missouri and Maryland, as well as to refund existing debt.

ATLANTA: $491.75 million airport general revenue bonds (A1/A+/A+); negotiated; Bank of America Merrill Lynch (lead); M.R. Beal & Co.; Grigsby & Associates, Inc.; Jefferies & Co.; Loop Capital Markets LLC; Ramirez & Co., Inc.; Siebert Bradford Shank & Co., LLC and Wells Fargo Securities LLC (co-managers); bonds due 2013 through 2032 and terms due 2037 and 2042; proceeds to finance or refinance the costs of projects at the Hartsfield-Jackson Atlanta International Airport and to refund and redeem all the amounts previously drawn and outstanding under the series 2010A-B commercial paper program.

• $65,300,000 of series 2012A bonds

• $191,165,000 of series 2012B bonds

• $235,285,000 million of series 2012C bonds

CALIFORNIA STATE PUBLIC WORKS BOARD: $208.2 million series 2012 lease revenue bonds; negotiated; Stone & Youngberg and De La Rosa & Co. Inc. (lead); Wedbush Securities Inc. (co-lead); Backstrom McCarley Berry & Co. LLC, Bank of America Merrill Lynch, Cabrera Capital Markets Inc., Citigroup Global Markets Inc., Fidelity Capital Markets LLC, Greencoast Capital Partners LLC, Oppenheimer & Co. Inc., Seattle-Northwest Corp., Stern Brothers & Co., Sutter Securities Inc., Wells Fargo Securities LLC and Westhoff, Cone & Holmstedt (co-managers); proceeds to construct, acquire and equip buildings for the University of California's Paul Merage School of Business and to renovate Kern Valley State Prison to comply with seismic regulations.

• $41.8 million series 2012B lease revenue bonds (Aa2/AA-/AA)

• $166.4 million series 2012C lease revenue refunding bonds (A2/BBB+/BBB+)

CLEAR CREEK INDEPENDENT SCHOOL DISTRICT (TEXAS): $82.9 million series 2012B unlimited tax refunding bonds (//AA+); negotiated; Wells Fargo Securities LLC (lead); proceeds to refund a portion of the district's outstanding unlimited tax debt for interest savings.

DENTON INDEPENDENT SCHOOL DISTRICT (TEXAS): $100,145,000 unlimited tax refunding bonds, series 2012B, (/AAA/AAA); negotiated; Raymond James & Associates, Inc., Morgan Keegan and J.P. Morgan Securities LLC (lead); Piper Jaffray & Co., First Public, LLC and Wells Fargo Securities LLC (co-managers); due Aug. 15, 2012, 2015 through 2033; proceeds to refund a portion of the district's outstanding bonds.

DEVELOPMENT AUTHORITY OF BURKE COUNTY (GEORGIA)/GEORGIA TRANSMISSION CORPORATION VOGTLE PROJECT: $94,465,000 series 2012 pollution control revenue bonds (A2/AA-/AA-); negotiated; Bank of America Merrill Lynch (lead); Mitsubishi UFJ Securities and SunTrust Robinson Humphrey (co-managers); bonds due Jan. 1, 2052; proceeds to repay debt incurred to redeem existing pollution control revenue bonds issued by the authority to refinance the costs of water or air pollution control and sewage or solid waste disposal facilities at the Alvin W. Vogtle Plant in Burke County, Ga.

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.

ESCAMBIA COUNTY (FLORIDA): $65 million series 2012 solid waste removal revenue bonds; negotiated; Goldman, Sachs & Co. (lead); proceeds to finance solid waste removal projects within the county.

ILLINOIS FINANCE AUTHORITY/ASCENSION HEALTH ALLIANCE: $95,515,000 series 2012E revenue bonds (/AA+/); negotiated; Morgan Stanley & Co. LLC and Citigroup Global Markets Inc. (lead); proceeds to finance or refinance projects completed by Ascension Health's Illinois, Missouri and Maryland affiliates and refund existing debt.

LOS ANGELES (CALIFORNIA): $95 million series 2012A wastewater system subordinate revenue refunding bonds; negotiated; Barclays Capital Inc. and Stone & Youngberg (lead); proceeds to current refund existing wastewater system subordinate revenue bonds.

LOS ANGELES UNIFIED SCHOOL DISTRICT (CALIFORNIA): $150 million series 2012A general obligation refunding bonds; negotiated; De La Rosa & Co. Inc. and Morgan Stanley & Co. LLC (lead); Rice Financial Products Co. (co-manager); proceeds to refund existing G.O. debt.

MEMORIAL HEALTH SERVICES INC. (CALIFORNIA): $100 million series 2012 taxable bonds (/AA-/AA-); negotiated; Morgan Stanley & Co. LLC and Citigroup Global Markets Inc. (lead); proceeds for general corporate purposes.

MICHIGAN FINANCE AUTHORITY: $238,045,000 series 2012 state revolving fund revenue bonds (/AAA/AAA); negotiated; Citigroup Global Markets Inc. and Bank of America Merrill Lynch (lead); Fidelity Capital Markets LLC, Loop Capital Markets LLC, Jefferies & Co., J.P. Morgan Securities LLC, PNC Capital Markets LLC and Wells Fargo Securities LLC (co-managers); proceeds to finance local water pollution control projects, as well as to refund existing clean water and drinking water revenue bonds.

• $130.13 million series 2012 clean water revolving fund revenue bonds due 2014 to 2032

• $90,935,000 series 2012 clean water revolving fund revenue refunding bonds due 2017 to 2021

• $16.98 million series 2012 drinking water revolving fund revenue refunding bonds due 2017 to 2021

MUNICIPAL IMPROVEMENT CORPORATION OF LOS ANGELES (CALIFORNIA): $255 million series 2012 lease revenue bonds; negotiated; Siebert Brandford Shank & Co. LLC (lead for 2012A bonds, co-manager for 2012B and 2012C); Loop Capital Markets LLC (lead for 2012B and 2012C bonds, co-manager for 2012A); William Blair & Co. Inc. (co-manager for 2012A, 2012B and 2012C bonds); proceeds to retire commercial paper and refund corporation's series 2004 certificates of participation.

• $105 million series 2012A capital equipment lease revenue bonds (A3//A+)

• $33 million series 2012B real property lease revenue bonds (A2//A+)

• $117 million series 2012C real property lease revenue refunding bonds (A2//A+)

NORTH CAROLINA MEDICAL CARE COMMISSION/VIDANT HEALTH: $153,005,000 series 2012A health care facilities refunding revenue bonds (A1/A+/); negotiated; Citigroup Global Markets Inc. (lead); Bank of America Merrill Lynch, Edward D. Jones & Co. LP and Wells Fargo Securities LLC (co-managers); proceeds to refund Vidant Health's series 1998A, 2008C and 2008E revenue bonds.

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.

PEARLAND INDEPENDENT SCHOOL DISTRICT (TEXAS): $77.44 million series 2012 unlimited tax general obligation refunding bonds (//AAA); negotiated; Samco Capital Markets Inc. (lead); proceeds to refund a portion of the district's currently outstanding obligations.

SACRAMENTO MUNICIPAL UTILITY DISTRICT (CALIFORNIA): $227.64 million series 2012Y electric revenue refunding bonds (A1/A+/A+); negotiated; J.P. Morgan Securities LLC (lead); Barclays Capital Inc.; Bank of America Merrill Lynch; BMO Capital Markets Corp.; De La Rosa & Co.; Morgan Stanley & Co. LLC; M.R. Beal & Co.; Ramirez & Co., Inc. and US Bancorp (co-managers); bonds due 2013 through 2033; proceeds to refund all or a portion of the district's outstanding series 2002Q revenue refunding bonds, series 2003R revenue bonds and series 2004T revenue refunding bonds.

STANFORD UNIVERSITY (CALIFORNIA): $140 million series 2012 taxable bonds (Aaa/AAA/AAA); negotiated; Goldman, Sachs & Co. and Morgan Stanley & Co. LLC (lead); Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Prager & Co. LLC (co-managers); bonds due May 1, 2042; proceeds to refinance commercial paper and other debt that refinanced capital projects for the university.

TAMPA (FLORIDA)/BAYCARE HEALTH SYSTEM: $186.09 million series 2012A health system revenue bonds (Aa2//AA); negotiated; Morgan Stanley & Co. LLC (lead); Raymond James & Associates Inc. and Morgan Keegan & Co. Inc. (co-managers); proceeds to finance or refinance capital improvements to the health system's affiliate hospitals and health care facilities, as well as to refund existing bonds.

TUFTS UNIVERSITY (MASSACHUSETTS): $250 million series 2012A taxable bonds; negotiated; Barclays Capital Inc. and J.P. Morgan Securities LLC; bonds due April 15, 2112; proceeds for general corporate needs of the university.

UNIVERSITY OF MISSOURI: $130 million series 2012A system facilities revenue bonds (Aa1/AA+/); negotiated; J.P. Morgan Securities LLC and Bank of America Merrill Lynch (lead); Stifel, Nicolaus & Co. Inc. and George K. Baum & Co. (co-managers); proceeds to refund university's series 2003A-B, 2006A and 2007A revenue bonds.

WAYZATA (MINNESOTA)/FOLKSTONE SENIOR LIVING COMMUNITY: $98,295,000 series 2012 senior housing revenue bonds; negotiated; Piper Jaffray & Co. (lead); proceeds to be loaned to the Wayzata Bay Senior Housing Inc. for the construction, equipment and renovation of the Folkestone Senior Living Community.

• $75.18 million series 2012A senior housing revenue bonds

• $23,115,000 series 2012B senior housing entrance deposit revenue bonds

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