Municipal Calendar: Portland plans $215.52 million sewer offering

Week of September 2

ALLEGHENY COUNTY (PENNSYLVANIA): $186 million series 2013 general obligation bonds (A1/A+/); negotiated; PNC Capital Markets LLC (lead); Drexel Hamilton LLC, The Huntington Investment Co., Janney Montgomery Scott LLC, RBC Capital Markets LLC and Rice Financial Products Co. (co-managers); proceeds to refund the county's series C-57 notes; pricing week of Sept. 2.

• $135 million series C-71A taxable G.O. refunding bonds due 2013 to 2021

• $16 million series C-71B G.O. refunding bonds due 2021 to 2023

• $35 million series C-72 bonds due 2014 to 2027

GRANT COUNTY PUBLIC UTILITY DISTRICT NO. 2 (WASHINGTON): $68,285,000 series 2013J electric system revenue refunding bonds (Aa3/AA/AA); negotiated; J.P. Morgan Securities LLC and Citigroup Global Markets Inc. (lead); bonds due 2024 to 2033 with term bonds due in 2038 and 2041; proceeds to refund a portion of the district's series 2011 electric system revenue bonds; pricing week of Sept. 2.

September 5

PORTLAND (OREGON): $215.52 million series 2013A senior lien sewer system revenue and refunding bonds (Aa3/AA-/); competitive; bonds due 2014 to 2038; proceeds to finance capital facilities and improvements to the city's sanitary sewer and storm water drainage system, as well as to refund the city's series 2003A second lien sewer system revenue bonds; pricing Sept. 5.

Week of September 9

September 9

KNOXVILLE (TENNESSEE): $50 million series 2013 gas and water system revenue bonds; competitive; Cumberland Securities Co. Inc. (financial adviser); proceeds to finance the improvement and extension of the city's gas and water systems; pricing Sept. 9.

• $25 million series T-2013 gas system revenue bonds (Aa2/AA/) due 2014 to 2035

• $25 million series Z-2013 water system revenue bonds (Aa2/AA+/) due 2014 to 2044

September 10

ARKANSAS: $495 million series 2013 general obligation four-lane highway construction and improvement bonds (Aa1/AA/); competitive; Stephens Inc. (financial adviser); bonds due 2014 to 2023; proceeds to finance the construction and improvement of a variety of highways as part of the Connecting Arkansas Program; pricing Sept. 10.

MIRAMAR (FLORIDA): $57,615,000 series 2013 special obligation refunding and improvement revenue bonds (Aa3/A+/); competitive; Fidelity Financial Services LLC (financial adviser); bonds due 2017 to 2038; proceeds to refund debt initially issued for public safety, park, infrastructure and other capital projects; pricing Sept. 10.

September 11

PALM BEACH COUNTY SCHOOL DISTRICT (FLORIDA): $115 million series 2013 tax anticipation notes; (MIG 1); competitive; Public Financial Management Inc. (financial adviser); notes due Jan. 30, 2014; proceeds to provide interim funds for the district during the 2013-2014 fiscal year ahead of the collection of ad valorem taxes; pricing Sept. 11.

September 12

MIAMI-DADE COUNTY (FLORIDA): $100.35 million series 2013 capital asset acquisition special obligation bonds (Aa3/A+/); competitive; Public Financial Management Inc. (financial adviser); proceeds to upgrade the county's Financial Accounting Management Information System, acquire 16 buses, acquire additional election equipment, acquire 17 trailers for use as portable classrooms and to refund the county's series 2004B capital asset acquisition special obligation bonds; pricing Sept. 12.

• $75,445,000 series 2013A special obligation and refunding bonds

• $24,905,000 series 2013B refunding bonds

RICHMOND (VIRGINIA): $142,855,000 series 2013 general obligation public improvement bonds (Aa2/AA+/AA+); competitive; Davenport & Co. LLC (financial adviser); proceeds to reimburse the city for school and general capital improvements, as well as to refund the city's series 2012 G.O. line of credit bond anticipation notes; pricing Sept. 12.

• $131,525,000 series 2013A bonds due 2014 to 2033

• $11.33 million series 2013B taxable bonds

Week of September 16

September 16

BISMARCK PUBLIC SCHOOL DISTRICT NO. 1 (NORTH DAKOTA): $61.5 million series 2013 general obligation school building bonds; competitive; Dougherty & Co. LLC (financial adviser); bonds due 2014 to 2033; proceeds to construct and equip a new high school and two new elementary schools, as well as to remodel, improve, renovate and equip school buildings in the district; pricing Sept. 16.

September 17

MADISON (WISCONSIN): $61.55 million series 2013 general obligation promissory notes; competitive; Springsted Inc. (financial adviser); proceeds to finance capital expenditures for the city; pricing Sept. 17.

• $57,265,000 series 2013A notes due 2014 to 2023

• $4,285,000 series 2013B notes due 2014 to 2023

On the Horizon

AHS HOSPITAL CORP. (NEW JERSEY): $112 million series 2013 taxable bonds (A1/A+/); negotiated; Goldman, Sachs & Co. (lead); proceeds for general corporate purposes for the corporation's hospitals.

ATLANTA DEVELOPMENT AUTHORITY/GEORGIA TECH: $116,095,000 series 2013 TUFF-GATV revenue bonds (A2/A/); negotiated; BofA Merrill Lynch and SunTrust Robinson Humphrey (lead); proceeds to refund the authority's series 2002A-B and 2005A-B revenue bonds.

• $45,645,000 series 2013A-1 revenue bonds due 2020 to 2033 with term bonds due 2038 and 2043

• $5.62 million series 2013A-2 taxable revenue bonds due 2014 to 2020

• $5.35 million series 2013B-1 revenue bonds due 2025 to 2028

• $56,415,000 series 2013B-2 taxable revenue bonds due 2014 to 2033 with term bonds due 2028, 2033 and 2043

• $3,065,000 series 2013C revenue bonds due 2014 to 2027

CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK/CALIFORNIA INDEPENDENT SYSTEM OPERATOR CORPORATION PROJECT: $195,805,000 series 2013 refunding revenue bonds (A1/A/AA-); negotiated; RBC Capital Markets LLC and Citigroup Global Markets Inc. (lead); bonds due 2015 to 2030 with term bonds due 2034 and 2039; proceeds to advance refund the development bank's series 2009A revenue bonds.

CATHOLIC HEALTH SERVICES OF LONG ISLAND (NEW YORK): $290 million series 2013 taxable bonds (Baa1/BBB+/BBB+); negotiated; Morgan Stanley & Co. LLC and Goldman, Sachs & Co. (lead); proceeds to finance corporate needs for Catholic Health Services.

COLORADO HEALTH FACILITIES AUTHORITY/COLORADO WEST HEALTHCARE SYSTEM: $76.19 million series 2013 hospital revenue bonds; negotiated; Cain Brothers (lead); bonds due 2033, 2043 and 2048; proceeds to finance the construction and equipment of a new hospital, as well as to reimburse the health care system for capital improvements and land acquisitions.

DISTRICT OF COLUMBIA/NATIONAL LAW ENFORCEMENT MUSEUM: $99.43 million series 2013 revenue bonds; negotiated; H.J. Sims & Co. (lead); proceeds to reimburse the city for the costs associated with constructing, equipping and furnishing the National Law Enforcement Museum at 444 E Street in Washington, D.C.

• $77.98 million series 2013A bonds due 2023, 2033 and 2048

• $21.45 million series 2013B bonds due 2048

FORT WORTH (TEXAS): $99.2 million series 2013 bonds and certificates of obligation; negotiated; Citigroup Global Markets Inc. (lead); Barclays, BOSC Inc., Stephens Inc. and M.R. Beal & Co. (co-managers); proceeds to finance storm sewer system and street improvements, as well as improvements to park facilities and to refund existing debt.

• $35,755,000 series 2013 general purpose refunding and improvement bonds due 2014 to 2033

• $63,445,000 series 2013 combination tax and revenue certificates of obligation due 2014 to 2034

GEISINGER HEALTH SYSTEM (PENNSYLVANIA): $284.4 million series 2013 taxable bonds (Aa2/AA/); negotiated; J.P. Morgan Securities LLC and Wells Fargo Securities LLC (lead); BofA Merrill Lynch (co-manager); proceeds for general corporate purposes.

GENESEE COUNTY (MICHIGAN): $54.18 million series 2013 water supply system revenue bonds (A2/A+/); negotiated; J.P. Morgan Securities LLC (lead); Wells Fargo Securities LLC and Stifel, Nicolaus & Co. (co-managers); proceeds to acquire a piece of property adjacent to Lake Huron in Sanilac County, as well as to construct a raw water intake facility and refund the county's series 2003 and 2003B G.O. bonds.

HAWAII PACIFIC HEALTH OBLIGATED GROUP: $160.98 million series 2013 revenue bonds (/A-/A-); negotiated; J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and Wells Fargo Securities LLC (lead); proceeds to finance the construction of new facilities, including neonatal and pediatric care facilities, as well as to refund the obligated group's series 1998 and 2004A-B special purpose revenue bonds.

• $128,635,000 series 2013A special purpose revenue bonds

• $32,345,000 series 2013B special purpose revenue bonds

KENTUCKY HIGHER EDUCATION STUDENT LOAN CORP.: $563 million series 2013-2 student loan asset-backed notes (/AA(sf)/AAAsf); negotiated; BofA Merrill Lynch (lead); notes due Feb. 1, 2030; proceeds to fund the cancellation of existing debt under a 2008 indenture and fund student loans.

KERN COMMUNITY COLLEGE DISTRICT (CALIFORNIA): $98,985,000 series 2013 general obligation bonds (Aa2); negotiated; Piper Jaffray & Co. (lead); proceeds to finance capital projects for the district, as well as to refund existing G.O. debt.

• $54,805,000 series 2013C G.O. bonds

• $10,375,000 series 2013 G.O. refunding bonds

• $33,805,000 series 2013 taxable G.O. refunding bonds

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.

LOUISVILLE/JEFFERSON COUNTY METROPOLITAN GOVERNMENT (KENTUCKY)/NORTON HEALTHCARE INC.: $152,435,000 series 2013A health system revenue bonds (/A-/A-); negotiated; Citigroup Global Markets Inc. and J.P. Morgan Securities LLC (lead); proceeds to reimburse the obligated group for the construction, renovation, improvement and acquisition of health care facilities.

METROPOLITAN SEWER DISTRICT OF GREATER CINCINNATI (OHIO): $430,505,000 series 2013 sewer system improvement and refunding revenue bonds (Aa2/AA+/); negotiated; Citigroup Global Markets Inc. (lead); proceeds to make capital improvements to the system, as well as to refund existing debt.

• $294.51 million series 2013A revenue bonds

• $135,995,000 series 2013B taxable refunding 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

MIAMI-DADE COUNTY (FLORIDA): $389.36 million series 2013 seaport revenue bonds (//A); negotiated; Raymond James/Morgan Keegan (lead); Goldman, Sachs & Co., M.R. Beal & Co., Morgan Stanley & Co. LLC, Rice Financial Products Co., Barclays, Blaylock Robert Van, Cabrera Capital Markets LLC, Estrada Hinojosa & Co. Inc., Siebert Brandford Shank & Co. LLC, Southwest Securities Inc. and Wells Fargo Securities LLC (co-managers); proceeds to refund the county's series 1995 and 1996 revenue bonds.

• $250 million series 2013A bonds

• $110 million series 2013B AMT bonds

• $11.76 million series 2013C refunding bonds

• $17.6 million series 2013D AMT refunding bonds

MISSOURI HEALTH AND EDUCATIONAL FACILITIES AUTHORITY/BJC HEALTH SYSTEM: $255 million series 2013C health facilities revenue bonds (Aa2/AA/); negotiated; RBC Capital Markets LLC (lead); BMO Capital Markets LLC, BNY Mellon Capital Markets LLC, Edward D. Jones & Co. LP, Mitsubishi UFJ Securities and US Bancorp Investments Corp. (co-managers); bonds due 2017 to 2028 with term bonds due 2033 and 2039; proceeds to finance or reimburse the health system for costs related to the construction, acquisition, equipment and installation of improvements and additions to BJC Health System facilities.

MONROE COUNTY INDUSTRIAL DEVELOPMENT CORP./UNIVERSITY OF ROCHESTER (NEW YORK): $265 million series 2013 revenue bonds (Aa3/AA-/AA-); negotiated; J.P. Morgan Securities LLC and Barclays (lead); Morgan Stanley & Co. LLC (co-manager); proceeds to finance campus improvements and safety upgrades at the university.

• $118.7 million series 2013A tax-exempt bonds

• $75.2 million series 2013B tax-exempt bonds

• $71.1 million series 2013C taxable bonds

MOON INDUSTRIAL DEVELOPMENT AUTHORITY (PENNSYLVANIA)/BAPTIST HOMES SOCIETY: $143.49 million series 2013 revenue bonds; negotiated; H.J. Sims & Co. (lead); bonds due 2023, 2033 and 2048; proceeds to refund the authority's series 2007 variable-rate Baptist Homes Society revenue bonds.

ORANGE COUNTY SCHOOL BOARD (FLORIDA): $85.16 million series 2013A certificates of participation (Aa2//AA); negotiated; J.P. Morgan Securities LLC (lead); BofA Merrill Lynch, Citigroup Global Markets Inc., Jefferies & Co., Loop Capital Markets LLC, Raymond James/Morgan Keegan and Wells Fargo Securities LLC (co-managers); certificates due 2015 to 2029; proceeds to refund the board's series 2004A COPs.

OREGON FACILITIES AUTHORITY/PROVIDENCE HEALTH SERVICES: $164,465,000 series 2013C revenue bonds (Aa2/AA/AA); negotiated; BofA Merrill Lynch (lead); proceeds to refund the authority's series 2003D-G revenue bonds and its series 2004 revenue bonds issued for Providence Health.

PENNSYLVANIA HOUSING FINANCE AGENCY: $129.07 million series 2013-116 AMT single-family mortgage revenue bonds; negotiated; RBC Capital Markets LLC and BofA Merrill Lynch (lead); Barclays, George K. Baum & Co., Drexel Hamilton LLC, Janney Montgomery Scott LLC, J.P. Morgan Securities LLC, Loop Capital Markets LLC, Morgan Stanley & Co. LLC, PNC Capital Markets LLC, Quoin Capital LLC and Wells Fargo Securities LLC (co-managers); bonds due 2013 to 2024 with term bonds due in 2028, 2033, 2038, 2040 and 2043; proceeds to finance single-family mortgage loans to qualified Pennsylvania residents.

PRINCETON THEOLOGICAL SEMINARY (NEW JERSEY): $85 million series 2013 taxable bonds (Aa1/AAA/); negotiated; Morgan Stanley & Co. LLC (lead); Wells Fargo Securities LLC (co-manager); proceeds for general corporate purposes of the seminary, as well as to refund the seminary's series 2002G bonds and a line of credit.

PROVIDENCE HEALTH AND SERVICES OBLIGATED GROUP: $380.05 million series 2013 direct obligation notes (Aa2/AA/AA); negotiated; BofA Merrill Lynch (lead); proceeds to refund the obligated group's series 2004 revenue bonds and finance capital projects.

• $252,265,000 series 2013D taxable notes

• $327,785,000 series 2013E taxable floating-rate notes

PUBLIC FINANCE AUTHORITY (WISCONSIN): $51 million series 2013A Linda Paseo student housing senior revenue bonds; negotiated; Guggenheim Securities LLC (lead); proceeds to finance the construction of student housing connected to the Village Linda Paseo project.

RHODE ISLAND HEALTH AND EDUCATIONAL BUILDING CORP./ROGER WILLIAMS UNIVERSITY: $54.79 million series 2013 higher education facility revenue refunding bonds; negotiated; BofA Merrill Lynch (lead); Janney Montgomery Scott LLC, RBC Capital Markets LLC and US Bancorp Investment Co. (co-managers); bonds due 2014 to 2038; proceeds to refund the university's series 2003 and 2008B revenue bonds.

SAGINAW COUNTY (MICHIGAN): $60.55 million series 2013 general obligation limited tax pension obligation bonds (Aa3); negotiated; Fifth Third Securities Inc. (lead); BofA Merrill Lynch and Stifel, Nicolaus & Co. Inc. (co-managers); bonds due 2014 to 2028 with term bond due in 2033; proceeds to fund unfunded pension liabilities for state employees.

SOUTHWESTERN ILLINOIS DEVELOPMENT AUTHORITY/MEMORIAL GROUP INC.: $157.87 million series 2013 health facility revenue bonds (/BB+/); negotiated; Piper Jaffray & Co. and Barclays (lead); proceeds to finance the construction, acquire, equip and furnish a 94-bed hospital in Shiloh, Ill., and refund existing debt.

TANGIPAHOA PARISH HOSPITAL SERVICE DISTRICT NO. 1/NORTH OAKS HEALTH SYSTEM (LOUISIANA): $66,245,000 series 2013 hospital revenue bonds (/BBB/); negotiated; Raymond James/Morgan Keegan (lead); proceeds to finance hospital improvements for North Oaks, as well as the refund the district's series 2003A revenue bonds.

• $55,445,000 series 2013A refunding bonds due 2014 to 2028

• $10.8 million series 2013B revenue bonds due 2031 and 2034

TARRANT COUNTY (TEXAS): $72,215,000 series 2013 limited tax refunding and improvement bonds (Aaa/AAA/); negotiated; J.P. Morgan Securities LLC and Citigroup Global Markets Inc. (lead); Stephens Inc. and Siebert Brandford Shank & Co. LLC (co-managers); bonds due 2014 to 2033; proceeds to construct, reconstruct, renovate, rehabilitate, improve and maintain streets, roads, highways and bridges in the county, as well as to refund the county's series 2004 ad 2005 limited tax refunding and improvement bonds.

TURNPIKE AUTHORITY OF KENTUCKY: $186.85 million series 2013A economic development road revenue bonds (Aa2/AA+/A+); negotiated; Goldman, Sachs & Co. (lead); Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., J.J.B. Hilliard, W.L. Lyons LLC, Raymond James/Morgan Keegan, PNC Capital Markets LLC, First Kentucky Securities Corp., Edward D. Jones & Co. LP, Fifth Third Securities Inc., Sterne, Agee & Leach Inc. (co-managers); bonds due 2015 to 2033; proceeds to finance road revitalization projects within the state.

UNIVERSITY OF MASSACHUSETTS BUILDING AUTHORITY: $250 million series 2013 refunding revenue bonds; negotiated; Jefferies & Co. (sole underwriter for 2013-3); Wells Fargo Securities LLC (lead for 2013-4); Ramirez & Co. Inc. (lead for 2013-5); proceeds to refund existing revenue debt.

• $80 million series 2013-4 taxable revenue refunding bonds

• $170 million series 2013-5 taxable refunding revenue bonds

UNIVERSITY OF UTAH: $320 million series 2013A general revenue and refunding bonds (Aa1/AA/); negotiated; Goldman, Sachs & Co. and Barclays (lead); BofA Merrill Lynch and J.P. Morgan Securities LLC (co-managers); proceeds to construct and acquire university capital projects, as well as to refund existing debt.

VIRGINIA HOUSING DEVELOPMENT AUTHORITY: $60.25 million series 2013F rental housing bonds (Aa1/AA+/); negotiated; BofA Merrill Lynch (lead); BB&T Capital Markets LLC, Davenport & Co. LLC, Raymond James/Morgan Keegan and Wells Fargo Securities LLC (co-managers); proceeds to finance loans to construct or manage multifamily or non-house buildings for rental purposes.

VIRGINIA PUBLIC SCHOOL AUTHORITY/PRINCE WILLIAM COUNTY: $62.43 million series 2013 special obligation school facility bonds (Aaa/AAA/AAA); competitive; Public Financial Management Inc. (financial adviser); bonds due 2014 to 2033; proceeds to finance school capital expenditures in Prince William County.

WASHINGTON STATE HOUSING FINANCE COMMISSION: $107,295,000 series 2013 nonprofit housing revenue bonds; negotiated; Ziegler Capital Inc. (lead); proceeds to construct residential housing units at Rockwood South Hill in Seattle, as well as to refund variable-rate debt.

• $82,495,000 series 2013A revenue and refunding bonds due Jan. 1, 2049

• $4.65 million series 2013B-1 tax-exempt mandatory paydown securities due Jan. 1, 2021

• $4.65 million series 2013B-2 tax-exempt mandatory paydown securities due Jan. 1, 2020

• $15.5 million series 2013B-3 tax-exempt mandatory paydown securities due Jan. 1, 2020

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