Municipal Calendar: Mecklenburg County preps $100 million offering

Week of February 4

February 5

COASTAL CAROLINA UNIVERSITY (SOUTH CAROLINA): $50.95 million series 2013 higher education revenue bonds (A1//A+); competitive; Stephens Inc. (financial adviser); bonds due 2016 to 2040; proceeds to finance the acquisition of real property for the construction of student housing; pricing Feb. 5.

MECKLENBURG COUNTY (NORTH CAROLINA): $100 million series 2013B general obligation refunding bonds (Aa1//AAA); negotiated; Wells Fargo Securities LLC (lead); proceeds to finance park and recreational facilities, school facilities, and community college facilities; pricing Feb. 5.

SUFFOLK COUNTY WATER AUTHORITY (NEW YORK): $64.9 million series 2013 water system revenue refunding bonds (/AA+/AAA); competitive; Goldman, Sachs & Co. (financial adviser); bonds due 2027 to 2029; proceeds to refund authority's series 2005C revenue bonds; pricing Feb. 5.

February 7

SANTA CLARA COUNTY (CALIFORNIA): $490 million election of 2008 series 2013B general obligation bonds (/AA+/AA+); competitive; KNN Public Finance (financial adviser); proceeds to finance seismic improvements to the Santa Clara Valley Medical Center in San Jose, as well as to construct and acquire medical facilities in San Jose; pricing Feb. 7.

UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY (KANSAS): $82.05 million series 2013 general obligation bonds and temporary notes; competitive; Springsted Inc. (financial adviser); proceeds to finance capital improvements in county and city; pricing Feb. 7.

• $15.25 million series 2013A general obligation improvement bonds due 2013 to 2033

• $5,305,000 series 2013B G.O. bonds due 2014 to 2031

• $54,155,000 series 2013-I municipal temporary notes due March 1, 2014

• $7.34 million series 2013-II municipal temporary notes due March 1, 2014

Week of February 11

February 12

VIRGINIA HOUSING DEVELOPMENT AUTHORITY: $80 million series 2013C-3 non-AMT commonwealth mortgage bonds remarketing (Aaa/AAA/); competitive; bonds due 2016 to 2025 with term bonds due in 2031 and 2038; proceeds originally to finance mortgage loans; pricing Feb. 12.

On the Horizon

ARIZONA HEALTH FACILITIES AUTHORITY/PHOENIX CHILDREN'S HOSPITAL: $225 million series 2013 variable-rate revenue bonds (/BBB+/); negotiated; Bank of America Merrill Lynch (lead); proceeds to construct, acquire, equip and repair hospital facilities, as well as to refund the authority's series 2007 bonds.

• $75 million series 2013A-1 bonds due Feb. 1, 2048 at Sifma index floating-rate spread of 185 bps

• $75 million series 2013A-2 bonds due Feb. 1, 2048 at Sifma index floating-rate spread of 185 bps

• $75 million series 2013A-3, 2013A-4 bonds

ARIZONA HEALTH FACILITIES AUTHORITY/PHOENIX CHILDREN'S HOSPITAL: $55 million series 2013D fixed-rate revenue bonds (/BBB+/); negotiated; Bank of America Merrill Lynch (lead); bonds due 2021 to 2028 with term bonds due 2033, 2043 and 2048; proceeds to finance the construction, equipment and improvement of hospital facilities, as well as to refund the authority's series 2007 bonds.

CONNECTICUT: $200,995,000 series 2013 state revolving fund general revenue bonds; negotiated; Bank of America Merrill Lynch (lead); Goldman, Sachs & Co., Janney Montgomery Scott LLC, Morgan Stanley & Co. LLC, Ramirez & Co. Inc., Baird & Co., Cabrera Capital Markets LLC, CastleOak Securities LP, Corby Capital Markets Inc., Estrada Hinojosa & Co. Inc., Jefferies & Co., Lebenthal & Co. LLC, Loop Capital Markets LLC, M.R. Beal & Co. Inc., Piper Jaffray & Co., Prager & Co. LLC, Rice Financial Products Co., Sterne, Agee & Leach Inc., TD Securities (USA) LLC, Wells Fargo Securities LLC and William Blair & Co. (co-managers); proceeds to make loans to qualified government entities, as well as to refund existing debt.

• $123.48 million series 2013A bonds due 2014 to 2031

• $77,515,000 series 2013B bonds due 2017 to 2027

CONNECTICUT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY/YALE-NEW HAVEN HOSPITAL INC.: $100 million revenue bonds; negotiated; Barclays (lead); J.P. Morgan Securities LLC (co-manager); proceeds to finance and refinance capital projects for the hospital.

• $50 million series N bonds (Aa3/A+/)

• $50 million series O bonds (Aa1/VMIG 1/AAA/A-1+/)

COOK COUNTY (ILLINOIS): $90 million county road and highway improvement sales tax revenue bonds (//AAA); negotiated; Wells Fargo Securities LLC (lead); proceeds to finance road, bridge and highway infrastructure projects as part of the county's 2012 -2014 highway transportation plan.

DOUGLAS COUNTY SCHOOL DISTRICT (GEORGIA): $116.91 million series 2013 general obligation refunding bonds (Aa2/AA+/); negotiated; Raymond James/Morgan Keegan (lead); bonds due 2018 to 2027; proceeds to refund existing G.O. debt.

FAIRFAX COUNTY (VIRGINIA): $101,455,000 series 2013B public improvement bonds (Aaa/AAA/AAA); competitive; Public Financial Management Inc. (financial adviser); bonds due 2014 to 2024; proceeds to finance school, transportation, public safety, parks and recreation and other improvement, as well as to refund the county's series 2004A-B, 2005A, 2007A and 2008A public improvement bonds.

FRANKLIN COUNTY (OHIO)/FIRST COMMUNITY VILLAGE OBLIGATED GROUP: $52,225,000 series 2013 health care facilities revenue refunding bonds; negotiated; H.J. Sims & Co. (lead); bonds due 2016 to 2022 with term bonds due in 2032 and 2047; proceeds to make capital improvements to the obligated group's skilled nursing group, as well as to retire a term loan.

GEORGETOWN INDEPENDENT SCHOOL DISTRICT (TEXAS): $57,985,000 series 2013A unlimited tax refunding bonds; negotiated; Baird & Co. (lead); Jefferies & Co. and Oppenheimer & Co. (co-managers); bonds due 2013 and 2016 to 2026; proceeds to refund the district's series 2006 unlimited tax bonds.

GEORGE WASHINGTON UNIVERSITY (DISTRICT OF COLUMBIA): $170 million series 2013 taxable bonds (A1/A+/); negotiated; Barclays, J.P. Morgan Securities LLC and Loop Capital Markets LLC (lead); proceeds to refund the university's series 2002A-B bonds.

HAMPTON ROADS SANITATION DISTRICT (VIRGINIA): $215.22 million series 2013 wastewater revenue and refunding bonds (Aa2/AAA/AA+); negotiated; Raymond James/Morgan Keegan (lead); bonds due 2013 and 2019 to 2033 with term bond due in 2038; proceeds to finance capital wastewater projects and refund existing revenue bonds.

HARRIS COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORP./YMCA OF GREATER HOUSTON: $52,385,000 series 2013A revenue refunding bonds (Baa3); negotiated; J.P. Morgan Securities LLC and Bank of America Merrill Lynch (lead); bonds due 2016 to 2022 with term bonds due in 2028, 2033 and 2038; proceeds to be loaned to the YMCA of Greater Houston to refund its series 2008A-E revenue bonds.

ILLINOIS: $500 million series of February 2013 general obligation bonds; competitive; Public Resources Advisory Group (financial adviser); bonds due 2014 to 2038; proceeds to finance school and transportation projects, as well as other state capital projects.

INDIANA FINANCE AUTHORITY/DEACONESS HEALTH SYSTEM OBLIGATED GROUP: $64.16 million series 2013A hospital revenue bonds (/A/A+); negotiated; Bank of America Merrill Lynch (lead); proceeds to refund authority's series 2004A revenue bonds.

IRVING INDEPENDENT SCHOOL DISTRICT (TEXAS): $66,405,000 series 2013 taxable unlimited tax refunding bonds (Aaa/AAA/); negotiated; Baird & Co. (lead); BOSC Inc., Hutchison, Shockey, Erley & Co. Inc. and Southwest Securities Inc. (co-managers); proceeds to refund district's series 2005 unlimited tax refunding bonds.

• $65,215,000 current interest bonds due 2014 to 2023

• $1.19 million capital appreciation bonds due 2017

KENTUCKY ASSET/LIABILITY COMMISSION: $153,475,000 series 2013 taxable general fund first series funding notes (Aa3/A+/A+); negotiated; Morgan Stanley & Co. LLC (lead); Goldman, Sachs & Co., J.P. Morgan Securities LLC, J.J.B. Hilliard, W.L. Lyons LLC, PNC Capital Markets LLC, Raymond James/Morgan Keegan, Stifel, Nicolaus & Co. Inc., Edward D. Jones & Co. LP, First Kentucky Securities Corp., Sterne, Agee & Leach Inc. and Ross, Sinclaire & Associates LLC (co-managers); bonds due 2014 to 2023; proceeds to fund an obligation to the Teachers' Retirement System of Kentucky.

KENTUCKY HIGHER EDUCATION STUDENT LOAN CORP.: $566.5 million series 2013-1 student loan asset-backed notes (/AA+(sf)/AAA(sf)); negotiated; Bank of America Merrill Lynch (lead); Morgan Stanley & Co. LLC (co-managers); notes due June 1, 2026; proceeds to retire all debt under a 2010 funding note purchase agreement and to cancel and redeem certain bonds under a 2008 indenture.

LOUISIANA: $249,205,000 series 2013A state highway improvement revenue bonds (Aa3/AA-/AA-); negotiated; Citigroup Global Markets Inc. (lead); Loop Capital Markets LLC, Morgan Stanley & Co. LLC, Raymond James/Morgan Keegan and Stephens Inc. (co-managers); bonds due 2014 to 2033; proceeds to fund state highway improvements.

MICHIGAN FINANCE AUTHORITY: $170,525,000 series 2013 state revolving fund revenue refunding bonds (/AAA/AAA); negotiated; J.P. Morgan Securities LLC and Wells Fargo Securities LLC (lead); Citigroup Global Markets Inc., Bank of America Merrill Lynch, PNC Capital Markets LLC, Loop Capital Markets LLC, Jefferies & Co. and KeyBanc Capital Markets LLC (co-managers); proceeds to refund the authority's series 2004 clean water revenue bonds and series 2004 drinking water revenue bonds.

• $139.1 million series 2013 clean water revolving fund subordinate refunding bonds due 2013 to 2026

• $31,425,000 series 2013 drinking water revolving fund subordinate refunding bonds due 2013 to 2026

NORTH CAROLINA STATE UNIVERSITY AT RALEIGH: $275,545,000 series 2013 general revenue bonds (Aa1/AA/); negotiated; Wells Fargo Securities LLC (lead); Barclays, BB&T Capital Markets, Citigroup Global Markets Inc., Raymond James/Morgan Keegan and SunTrust Robinson Humphrey (co-managers); proceeds to construct, equip and acquire a campus housing facility, as well as to refund the university's series 2005A revenue bonds.

• $133,855,000 series 2013A general revenue bonds due 2016 to 2030 with term bonds due 2036, 2038 and 2042

• $141.69 million series 2013B taxable general revenue bonds due 2013 to 2025 with term bonds due 2033 and 2041

NORTH HARRIS COUNTY REGIONAL WATER AUTHORITY (TEXAS): $107.28 million series 2013 senior lien revenue refunding bonds; negotiated; First Southwest Co. (lead); Hutchison Shockey Erley & Co., Morgan Stanley & Co. LLC, Southwest Securities Inc. and Wells Fargo Securities LLC (co-managers); bonds due 2013 to 2033; proceeds to refund the authority's series 2003 revenue bonds for a debt service savings.

ST. JOHNS COUNTY (FLORIDA): $57,745,000 series 2013 water and sewer revenue and refunding bonds (Aa2/AA-/); negotiated; RBC Capital Markets LLC (lead); proceeds to construct, equip and acquire a regional wastewater treatment facility, as well as to refund the county's series 1998 and 2004 revenue bonds.

• $22,175,000 series 2013A revenue and refunding bonds

• $35.57 million series 2013B revenue refunding bonds

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 OKLAHOMA: $59.47 million series 2013 general revenue bonds (/AA/AA-); negotiated; BOSC Inc. (lead for 2013A, co-manager for 2013B) ; Barclays (lead for 2013B); Citigroup Global Markets Inc. (co-manager for 2013B) ; Wells Nelson & Associates LLC (co-manager for 2013A); proceeds to construct, equip, furnish, design and expand student housing and research facilities at the university's Norman campus.

• $10.48 million series 2013A tax-exempt bonds due 2015 to 2034 with term bonds due in 2038 and 2042

• $48.99 million series 2013B taxable bonds due 2015 to 2028 with term bonds due in 2033 and 2042

WACO (TEXAS): $55,955,000 series 2013 bond and certificates of obligation (Aa2/AA/); negotiated; RBC Capital Markets LLC (lead); Raymond James/Morgan Keegan and Samco Capital Markets (co-managers); proceeds to refund the city's series 2004 combination tax and revenue certificates of obligation and repay its series 2002 Texas Water Development Board state participation loan.

• $44.09 million series 2013 general obligation refunding bonds due 2014 to 2036

• $11,865,000 series 2013 combination tax and revenue certificates of obligation due 2014 to 2033

YALE-NEW HAVEN HOSPITAL INC. (CONNECTICUT): $132 million series 2013 taxable bonds (Aa3/A+/); negotiated; Barclays (lead); J.P. Morgan Securities LLC (co-manager); proceeds to finance or refinance the hospital's capital projects.

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