Municipal Calendar: Los Angeles Transportation to price $147 million

Week of May 6

MASSACHUSETTS HOUSING FINANCE AGENCY: $115 million series 2013B non-AMT housing bonds (Aa3); negotiated; Barclays (lead); proceeds to finance mortgage loans for qualified Massachusetts residents; pricing week of May 6.

Week of May 13

May 14

LOS ANGELES COUNTY METROPOLITAN TRANSPORTATION AUTHORITY: $147,565,000 series 2013A Proposition C revenue refunding bonds (Aa3/AA+/); competitive; Public Financial Management Inc. (financial adviser); bonds due 2014 to 2023; proceeds to refund existing debt; pricing May 14.

May 15

LONG BEACH UNIFIED SCHOOL DISTRICT (CALIFORNIA): $50 million election of 2008 series C general obligation bonds (Aa2/AA-/); competitive; Keygent LLC (financial adviser); proceeds to construct, equip, renovate and repair district facilities; pricing May 15.

MESA (ARIZONA): $59.69 million series 2013 general obligation bonds (Aa2/AA/); competitive; Wedbush Securities (financial adviser); bonds due 2014 to 2029 and 2031 to 2033; proceeds to make improvements to public safety facilities, park and recreation facilities and streets in the city; pricing May 15.

On the Horizon

ABAG FINANCE AUTHORITY FOR NONPROFIT CORPORATIONS/ESKATON PROPERTIES INC. (CALIFORNIA): $53,085,000 series 2013 revenue refunding bonds (/BBB/); negotiated; Cain Brothers Inc. (lead); bonds due 2013 to 2023 with term bond due in 2035; proceeds to refund the corporation's series 2008B variable-rate revenue refunding bonds.

CHARLOTTE-MECKLENBURG HOSPITAL AUTHORITY/CAROLINAS HEALTHCARE SYSTEM (NORTH CAROLINA): $126,305,000 series 2013A health care revenue and refunding bonds (Aa3/AA-/); negotiated; Wells Fargo Securities LLC (lead); BofA Merrill Lynch and J.P. Morgan Securities LLC (co-managers); proceeds to construct additional health facilities for Carolinas, as well as to refund the system's series 2009A revenue bonds.

CHICAGO BOARD OF EDUCATION: $403.98 million series 2013A unlimited tax general obligation refunding bonds; negotiated; J.P. Morgan Securities LLC (lead); Loop Capital Markets LLC and Siebert Brandford Shank & Co. LLC (co-managers); proceeds to refund certain outstanding G.O. bonds.

• $122,605,000 series 2013A-1 G.O. bonds due March 1, 2026

• $124.32 million series 2013A-2 Sifma index bonds due March 1, 2035

• $157,055,000 series 2013A-3 Sifma index bonds due March 1, 2036

CLAYTON COUNTY WATER AUTHORITY (GEORGIA): $66,685,000 series 2013 water and sewage revenue refunding bonds (Aa2); negotiated; Raymond James/Morgan Keegan (lead); proceeds to refund the authority's series 2003 and 2004 bonds for a $7.1 million net present value savings or 10.6% of refunded principal with no extension of maturities.

• $17,995,000 series 2013A bonds

• $48.69 million series 2013B taxable bonds

DALLAS AND FORT WORTH (TEXAS)/DALLAS/FORT WORTH INTERNATIONAL AIRPORT: $366,545,000 series 2013B joint revenue improvement bonds (A2/A+/A); negotiated; Morgan Stanley & Co. LLC and Cabrera Capital Markets LLC (lead); Loop Capital Markets LLC and Stifel, Nicolaus & Co. LLC (co-managers); bonds due 2026 to 2050; proceeds to finance improvements and additions to the airport.

DORCHESTER COUNTY SCHOOL DISTRICT NO. 2 (SOUTH CAROLINA): $93,355,000 series 2013 Growth installment purchase revenue refunding bonds (Aa3/AA-/); negotiated; Citigroup Global Markets Inc. and Piper Jaffray & Co. (lead); Edward D. Jones & Co. LP (co-manager); proceeds to refund debt.

• $11,105,000 series 2013A taxable bonds due 2013 to 2017

• $82.25 million series 2013B tax-exempt bonds due 2018 to 2028

FLORIDA HOUSING FINANCE CORP.: $89.84 million series 2013B taxable homeowner mortgage revenue bonds (Aaa); negotiated; RBC Capital Markets LLC (lead); Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, BofA Merrill Lynch, George K. Baum & Co., Janney Montgomery Scott LLC and Raymond James/Morgan Keegan (co-managers); bonds due July 1, 2041; proceeds to finance mortgage bonds.

FORSYTH COUNTY SCHOOL DISTRICT (GEORGIA): $134.38 million series 2013 general obligation refunding bonds (Aa1); negotiated; Citigroup Global Markets Inc. (lead); bonds due 2016 to 2025; proceeds to refund the district's series 2005 G.O. bonds for a debt service savings.

HOWARD HUGHES MEDICAL INSTITUTE (MARYLAND): $1.65 billion series 2013A taxable fixed-rate bonds (Aaa/AAA/); negotiated; J.P. Morgan Securities LLC, Goldman, Sachs & Co., Morgan Stanley & Co. LLC and BofA Merrill Lynch (lead); bonds due March 1, 2023; proceeds to fund an account established by the institute to create a reserve for its program spending.

JACKSON ENERGY AUTHORITY (TENNESSEE): $58.8 million series 2013 taxable telecommunications system revenue refunding bonds (/AA-/); negotiated; SunTrust Robinson Humphrey (lead); bonds due 2014 to 2026; proceeds to refund the authority's series 2003 taxable telecommunications system revenue bonds.

LOS ANGELES (CALIFORNIA): $350 million series 2013A wastewater system revenue refunding bonds (Aa3/AA/AA); negotiated; BofA Merrill Lynch and Jefferies & Co. (lead); Cabrera Capital Markets LLC, J.P. Morgan Securities LLC and Siebert Brandford Shank & Co. LLC (co-managers); proceeds to current refund the city's series 2003 subordinate bonds and advance refund the city's series 2005A senior lien bonds.

LOUISIANA: $303,125,000 series 2013B Libor index gasoline and fuels tax revenue refunding bonds (Aa2/AA/AA-); negotiated; J.P. Morgan Securities LLC (lead); proceeds to refund the state's series 2009A-1 and series 2010A revenue bonds.

• $200 million series 2013B-1 Libor index bonds due 2043

• $103,125,000 series 2013B-2 Libor index bonds due 2043

LOUISIANA STATE BOND COMMISSION/BIONITROGEN LOUISIANA HOLDINGS LLC: $1.25 billion tax-exempt bonds; proceeds to construct five plants in Point Coupee Parish, La., to convert biomass into urea fertilizer.

MARYLAND HEALTH AND HIGHER EDUCATIONAL FACILITIES AUTHORITY/JOHNS HOPKINS HEALTH SYSTEM: $61.85 million series 2013B revenue bonds (Aa3/AA-/AA-); negotiated; J.P. Morgan Securities LLC and Goldman, Sachs & Co. (lead); bonds due 2029; proceeds to provide a loan to the health system.

MASSACHUSETTS DEVELOPMENT FINANCE AGENCY/WILLIAMS COLLEGE: $154 million series 2013P revenue bonds (Aa1/AA+/); negotiated; J.P. Morgan Securities LLC (lead); Goldman, Sachs & Co. and Morgan Stanley & Co. LLC (co-managers); proceeds to finance capital projects for the college, as well as to refund the agency's series H revenue bonds.

METROPOLITAN WATER DISTRICT OF SOUTHERN CALIFORNIA: $145.49 million series 2013 water revenue refunding bonds (Aa1/AAA/AA+); negotiated; Goldman, Sachs & Co. (lead for 2013A, 2013C); De La Rosa & Co. Inc., J.P. Morgan Securities LLC, Loop Capital Markets LLC and US Bancorp Inc. (co-managers for 2013A, 2013C); J.P. Morgan Securities LLC and Loop Capital Markets LLC (lead for 2013B); proceeds to refund existing water revenue bonds.

• $90.46 million series 2013A bonds due 2013 and 2018 to 2021

• $18.7 million series 2013B taxable bonds due 2018

• $13,505,000 series 2013C-1 bonds due 2027

• $14.02 million series 2013C-2 bonds due 2025

• $8,805,000 series 2013C-3 bonds due 2023

MINNESOTA HOUSING FINANCE AGENCY: $85.17 million series 2013 residential housing finance bonds; negotiated; RBC Capital Markets LLC (lead); Morgan Stanley & Co. LLC, Piper Jaffray & Co. and Raymond James/Morgan Keegan (co-managers); proceeds to finance mortgage loans.

• $33,305,000 series 2013A AMT bonds due 2014 to 2016

• $9,555,000 series 2013B non-AMT bonds due 2016 to 2019

• $42.31 million series 2013C non-AMT bonds due 2019 to 2023 with term bonds due 2033, 2038 and 2043

MISSOURI HIGHER EDUCATION LOAN AUTHORITY: $970.8 million series 2013-1 student loan asset-backed Libor floating-rate notes (/AA+(sf)/AAAsf); negotiated; Morgan Stanley & Co. LLC (lead); notes due June 25, 2032; proceeds to finance student loans to qualified Missouri residents.

OHIO/CLEVELAND CLINIC HEALTH OBLIGATED GROUP: $96 million series 2013A hospital revenue bonds (Aa2/AA-/); negotiated; J.P. Morgan Securities LLC (lead); PNC Capital Markets LLC, Wells Fargo Securities LLC, US Bancorp Investments Inc. and BNY Mellon Capital Markets LLC (co-managers); proceeds to construct, renovate, improve and acquire Cleveland Clinic facilities.

UNIVERSITY OF CHICAGO: $200 million series 2013B taxable bonds (Aa1/AA/AA+); negotiated; Wells Fargo Securities LLC and BofA Merrill Lynch (lead); PNC Capital Markets LLC, US Bancorp Investments Inc. and William Blair & Co. (co-managers); proceeds to finance general university capital needs.

VIRGINIA HOUSING DEVELOPMENT AUTHORITY: $310 million series 2012C commonwealth mortgage bonds remarketing (Aaa/VMIG 1/A-1+/); proceeds originally to finance mortgage loans.

• $90 million C-STEM V bonds

• $80 million C-STEM VI bonds

• $70 million C-STEM VII bonds

• $70 million C-STEM VIII bonds

WAYNE STATE UNIVERSITY (MICHIGAN): $81.63 million series 2013A general revenue bonds (Aa2/AA-/); negotiated; BofA Merrill Lynch and PNC Capital Markets LLC (lead); bonds due 2015 to 2034 with term bonds due 2039 and 2044; proceeds to construct and equip a multidisciplinary biomedical research center, renovate classrooms, construct a new laboratory and make upgrades to the electrical system.

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