Municipal Calendar: San Francisco Unified School to sell $205 million of bonds

Week of January 6

COLUMBUS (OHIO): $97.8 million series 2014 general obligation bonds (//AAA); negotiated; J.P. Morgan Securities LLC (lead); proceeds to refund select maturities of outstanding G.O. bonds; pricing week of Jan. 6.

• $33.9 million series 2014-1 various purpose unlimited tax refunding bonds

• $21.3 million series 2014-2 various purpose limited tax refunding bonds

• $32.5 million series 2014-3 taxable various purpose unlimited tax refunding bonds

• $10.1 million series 2014-4 taxable various purpose limited tax refunding bonds

MASSACHUSETTS DEVELOPMENT FINANCE AGENCY/NORTHEASTERN UNIVERSITY: $150 million series 2014A revenue bonds; negotiated; Barclays and Morgan Stanley & Co. LLC (lead); proceeds to construct, design and equip a new interdisciplinary science and engineering building, as well as to renovate existing administrative and office space; pricing week of Jan. 6.

NORTHEASTERN UNIVERSITY (MASSACHUSETTS): $100 million series 2014B taxable bonds (A2); negotiated; Barclays and Morgan Stanley & Co. LLC (lead); proceeds to construct, design and equip a new interdisciplinary science and engineering building, as well as to renovate existing administrative and office space; pricing week of Jan. 6.

TROY SCHOOL DISTRICT (MICHIGAN): $56 million series 2014 general obligation school building and site bonds; negotiated; Stifel, Nicolaus & Co. Inc. (lead); Comerica Securities Inc. and Fifth Third Securities Inc. (co-managers); bonds due 2015 to 2028; proceeds to finance the renovation, construction, design and improvement of school facilities, as well as to acquire properties for school construction; pricing week of Jan. 6.

UNIVERSITY OF TEXAS SYSTEM: $240 million series 2014A permanent university fund bonds (Aaa/AAA/AAA); negotiated; J.P. Morgan Securities LLC and BofA Merrill Lynch (lead); Baird & Co. Inc., Barclays, Estrada Hinojosa & Co. Inc., Jefferies & Co. Inc., Ramirez & Co. Inc. and Southwest Securities Inc. (co-managers); bonds due July 1, 2041; proceeds to refund existing taxable commercial paper notes; pricing week of Jan. 6.

WALLED LAKE CONSOLIDATED SCHOOL DISTRICT (MICHIGAN): $67.5 million series 2014 general obligation school building and site bonds (Aa2); negotiated; Stifel, Nicolaus & Co. Inc. (lead); Baird & Co. and Comerica Securities Inc. (co-managers); bonds due 2016 to 2042; proceeds to be deposited into the district's school building fund to construct, equip and renovate school facilities, as well as to purchase sites for new construction; pricing week of Jan. 6.

January 8

LEON COUNTY SCHOOL DISTRICT (FLORIDA): $75 million series 2014 sales tax revenue bonds (Aa3//AA); competitive; Ford & Associates Inc. (financial adviser); proceeds to acquire, construct, improve and renovate school facilities within the district; pricing Jan. 8.

OHIO: $150 million series 2014A infrastructure improvement general obligation bonds; competitive; bonds due 2015 to 2034; proceeds to finance capital improvements of local subdivisions; pricing Jan. 8.

January 9

SAN FRANCISCO UNIFIED SCHOOL DISTRICT (CALIFORNIA): $205 million Proposition A, election of 2011, series 2014B general obligation bonds (Aa2/AA-/); competitive; Tamalpais Advisors Inc. (financial advisers); proceeds to be deposited into the school district's school building fund; pricing Jan. 9.

Week of January 13

January 16

GREENWICH (CONNECTICUT): $130 million series 2014 general obligation bonds and G.O. bond anticipation notes; competitive; Independent Bond & Investment Consultants Inc. (financial adviser); proceeds to finance capital improvements approved by the town; pricing Jan. 16.

• $45 million series 2014 general obligation bonds due 2015 to 2034

• $85 million series 2014 general obligation bond anticipation notes due Jan. 22, 2015

NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY: $825 million series 2014B future tax secured subordinate bonds; negotiated and competitive; J.P. Morgan Securities LLC (lead for 2014B-1); BofA Merrill Lynch, Morgan Stanley & Co. LLC, Barclays, Loop Capital Markets LLC, Goldman, Sachs & Co. and Wells Fargo Securities LLC (co-senior manager for 2014B-1); Citigroup Global Markets Inc., M.R. Beal & Co. Inc., Raymond James/Morgan Keegan, Roosevelt & Cross Inc., Fidelity Capital Markets Inc., Oppenheimer & Co. Inc., RBC Capital Markets LLC, Siebert Brandford Shank & Co. LLC, Stifel, Nicolaus & Co. Inc., Jefferies & Co., Ramirez & Co. Inc., Rice Financial Products Co., Southwest Securities Inc., BNY Mellon Capital Markets LLC, Sterne, Agee & Leach Inc., Estrada Hinojosa & Co. Inc., U.S. Bancorp Investments Inc., Prager & Co. LLC and The Williams Capital Group LP (co-managers for 2014B-1); Public Resources Advisory Group and Public Financial Management Inc. (financial advisers for 2014B-2); proceeds to finance general capital expenditures for the city; pricing Jan. 16.

• $775 million series 2014B-1 tax-exempt bonds due 2015 to 2033

• $50 million series 2014B-2 taxable bonds due 2018 to 2022

On the Horizon

ALASKA HOUSING FINANCE CORP.: $96,005,000 series 2014A state capital project bonds II; negotiated; J.P. Morgan Stanley & Co. LLC (lead); BofA Merrill Lynch, KeyBanc Capital Markets Inc. and Raymond James/Morgan Keegan (co-managers); bonds due 2016 to 2033; proceeds to refund existing corporation obligations.

DEARBORN SCHOOL DISTRICT (MICHIGAN): $71.74 million series 2014 school building and site bonds; negotiated; Stifel, Nicolaus & Co. (lead); Comerica Securities Inc. and Fifth Third Securities Inc. (co-managers); proceeds to construct, equip, furnish and renovate school buildings within the district, as well as to purchase sites for new construction.

• $69.45 million series 2014A Michigan school bond qualification and loan program bonds due 2016 to 2030 with term bonds due 2032 and 2034

• $2.29 million series 2014B G.O. bonds due 2016 to 2023

IDAHO HOUSING AND FINANCE ASSOCIATION: $76.93 million series 2014A federal highway trust grant and revenue anticipation notes (Aa3//A+); negotiated; Citigroup Global Markets Inc. (lead); Goldman, Sachs & Co., Barclays and BofA Merrill Lynch (co-senior managers); D.A. Davidson & Co. Inc., Edward D. Jones & Co. LP, KeyBanc Capital Markets Inc., Morgan Stanley & Co. LLC, Piper Jaffray & Co., Siebert Brandford Shank & Co. LLC, Wells Fargo Securities LLC, Wedbush Morgan Securities Inc. and Zions Bank (co-managers); notes due 2014 to 2026 with term bond due 2031; proceeds to pay costs associated with certain transportation projects in the state.

ILLINOIS FINANCE AUTHORITY/MEMORIAL HEALTH SYSTEM: $60 million series 2014A revenue bonds (A1/A+/); negotiated; Piper Jaffray & Co. (lead); proceeds to construct and equip a new patient tower, construct and equip a learning center, construct and equip an expansion to operating room facilities, renovate and improve the main lobby and waiting area and improve other facilities for Memorial Health.

LIVONIA PUBLIC SCHOOLS SCHOOL DISTRICT (MICHIGAN): $66 million series 2014 unlimited tax general obligation refunding bonds; negotiated; J.P. Morgan Securities LLC (lead); Stifel, Nicolaus & Co. Inc. and Fifth Third Securities Inc. (co-managers); bonds due 2015 to 2025; proceeds to refund the district's series 2004A-B unlimited tax G.O. bonds.

MINNESOTA: $467,935,000 series 2014 state general fund appropriation bonds; negotiated; RBC Capital Markets LLC (lead); J.P. Morgan Securities LLC, Wells Fargo Securities LLC, Citigroup Global Markets Inc., Loop Capital Markets LLC, Morgan Stanley & Co. LLC, Cronin and Piper Jaffray & Co. (co-managers); proceeds to finance the replacement of the Hubert H. Humphrey Metrodome football stadium in Minneapolis.

• $397.68 million series 2014A tax-exempt bonds due 2015 to 2033 with term bonds due 2038 and 2043

• $70,255,000 series 2014B taxable bonds due 2015 to 2029 with term bonds due 2034 and 2043

PHILADELPHIA (PENNSYLVANIA): $63.95 million series 2014A water and wastewater revenue refunding bonds (A1/A/A+); negotiated; Ramirez & Co. Inc. and RBC Capital Markets LLC (lead); BofA Merrill Lynch, Wells Fargo Securities LLC and PNC Capital Markets LLC (co-managers); bonds due 2016 to 2024; proceeds to refund the city's series 2005A water and wastewater revenue bonds.

SOUTH ORANGE COUNTY PUBLIC FINANCING AUTHORITY (CALIFORNIA): $65,875,000 series 2014A senior lien special tax revenue refunding bonds (/BBB+/); negotiated; Piper Jaffray & Co. (lead); proceeds to purchase local obligations for the purchase of refunding existing debt to reduce special taxes.

VILLAGE COMMUNITY DEVELOPMENT DISTRICT NO. 10 (FLORIDA): $69.43 million series 2014 special assessment revenue bonds; negotiated; Citigroup Global Markets Inc. (lead); bonds due 2024, 2031 and 2044; proceeds to construct, equip and renovate phase II of the Villages adult retirement community in Sumter County, Fla., including the construction of roads and multimodal trails.

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