Municipal Calendar: Massachusetts eyes $153.34 million G.O. refunding bonds

Week of January 20

ABAG FINANCE AUTHORITY FOR NONPROFIT CORPORATIONS/SHARP HEALTHCARE (CALIFORNIA): $167.9 million series 2014A revenue bonds (A1/AA-/); negotiated; Goldman, Sachs & Co. and Citigroup Global Markets Inc. (lead); proceeds to finance or refinance the construction, acquisition, renovation, improvement and equipment of Sharp HealthCare facilities as well as to refund its series 2003C revenue bonds; pricing week of Jan. 20.

NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY: $92.23 million series 2014 higher education equipment leasing fund program revenue bonds; competitive; proceeds to finance the installation of equipment at higher education facilities within the state; pricing week of Jan. 20.

• $84.89 million series 2014A bonds

• $7.34 million series 2014B bonds

Week of January 27

January 28

MASSACHUSETTS: $153,335,000 series 2014 Sifma index general obligation refunding bonds; competitive; proceeds to refund the commonwealth's series 2010A, 2011A and 2012A G.O. refunding bonds; pricing Jan. 28.

• $75 million series 2014A bonds due 2015

• $84,335,000 series 2014B bonds due 2016

MIAMI-DADE COUNTY SCHOOL BOARD (FLORIDA): $81 million series 2014A certificates of participation (A1/A/); competitive; Public Financial Management Inc. (financial adviser); certificates due May 1, 2031; proceeds to current refund the school board's series 2001 certificates of participation; pricing Jan. 28.

January 30

TARRANT REGIONAL WATER DISTRICT (TEXAS): $323.74 of series 2014 water revenue bonds (/AAA/AA); competitive; First Southwest Co. and Loop Capital Markets, LLC (co-financial advisors); serial maturities from 2014 through 2049; proceeds to pay for planning, design, construction and right of way costs and other improvements to the water system; pricing on Jan. 30.

TULSA (OKLAHOMA): $50 million series 2014 general obligation bonds (Aa1/AA/); competitive; bonds due 2016 to 2034; proceeds to finance the construction of streets and bridges in the city; pricing Jan. 30.

Week of February 3

February 6

UNIFIED GOVERNMENT OF WYANDOTTE/KANSAS CITY (KANSAS): $73.28 million series 2014 municipal temporary notes; competitive; Springsted Inc. (financial adviser); notes due March 1, 2015; proceeds to finance capital projects for the government; pricing Feb. 6.

• $62,765,000 series 2014-I notes

• $5,585,000 series 2014-II notes

• $4.93 million series 2014-III notes

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.

CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY/CALIFORNIA BAPTIST UNIVERSITY: $61,015,000 series 2014 revenue bonds; negotiated; D.A. Davidson & Co. (lead); proceeds to acquire an apartment complex for student housing and to lease student housing for the School of Nursing.

• $54,925,000 series 2014A bonds due 2023, 2033 and 2043

• $6.09 million series 2014B bonds due 2019

CHEROKEE COUNTY SCHOOL SYSTEM (GEORGIA): $71.09 million of general obligation bonds (Aa1/AA+/); negotiated; Citigroup Global Markets Inc.; proceeds to be used to acquire, construct and equip new school facilities, renovate existing school facilities and acquire system-wide technology improvements.

• $46,285,000 of series 2014A bonds due 2018 through 2033

• $24,805,000 of series 2014B bonds due 2020 through 2024

EAST CAROLINA UNIVERSITY (NORTH CAROLINA): $54.85 million series 2014A general revenue bonds (Aa2/AA-/); negotiated; Wells Fargo Securities LLC and Raymond James/Morgan Keegan (lead); bonds due 2016 to 2033 with term bonds due in 2038 and 2043; proceeds to demolish a residence hall on campus in Greenville, N.C., and construct a new hall.

ILLINOIS STATE TOLL HIGHWAY AUTHORITY: $400 million series 2014A toll highway senior revenue refunding bonds (/AA-/); negotiated; Goldman, Sachs & Co. and Jefferies & Co. (lead); BofA Merrill Lynch, Siebert Brandford Shank & Co. LLC, Duncan Williams Inc., Janney Montgomery Scott LLC, George K. Baum & Co., Baird & Co. and The Williams Capital Group LP; bonds due 2019 to 2022; proceeds to refund the authority's series 2005A revenue bonds.

INDIANA BOND BANK: $85 million series 2014A advance funding program notes (/SP-1/); negotiated; J.P. Morgan Securities LLC (lead); notes due Jan. 6, 2015; proceeds to make a deposit to a warrant purchase fund.

IRVINE (CALIFORNIA): $59.93 million series 2014 hotel occupancy revenue bonds (/BBB+/); negotiated; Citigroup Global Markets Inc., Loop Capital Markets LLC and RBC Capital Markets LLC (lead); proceeds to refund the city's series 2011 hotel occupancy revenue refunding bonds.

• $24.39 million series 2014A refunding bonds due 2020, 2023, 2028, 2033, 2043 and 2053

• $35.54 million series 2014B revenue bonds due 2014 to 2033 with term bonds due in 2038 and 2043

JACKSONVILLE ELECTRIC AUTHORITY (FLORIDA): $272,185,000 series 2014A electric system revenue bonds; negotiated; RBC Capital Markets LLC and Wells Fargo Securities LLC (lead); BofA Merrill Lynch, Barclays, BMO Capital Markets LLC, Citigroup Global Markets Inc., Goldman, Sachs & Co., Jefferies & Co., J.P. Morgan Securities LLC, Loop Capital Markets LLC, Morgan Stanley & Co. LLC, Piper Jaffray & Co., Raymond James/Morgan Keegan and U.S. Bancorp Investments Inc. (co-managers); proceeds to refund the authority's series 2008E and 2009A electric system revenue bonds.

• $48.89 million series 2014A series three bonds (Aa2/AA-/AA)

• $223,295,000 series 2014A subordinate bonds (Aa3/A+/AA)

MIDLAND INDEPENDENT SCHOOL DISTRICT (TEXAS): $93.11 million series 2014 unlimited tax school building bonds (Aa2/AA/); negotiated; Raymond James/Morgan Keegan (lead); BOSC Inc., RBC Capital Markets LLC, Wells Fargo Securities LLC and Robert W. Baird & Co. (co-managers); bonds due 2016 to 2040; proceeds to construct, acquire and equip school facilities for the district.

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

NEW YORK CITY MUNICIPAL WATER AUTHORITY: $360 million series 2014CC water and sewer system second general resolution revenue bonds; negotiated; Raymond James/Morgan Keegan (lead); Barclays; Citigroup Global Markets Inc.; M.R. Beal & Co.; BofA Merrill Lynch; Fidelity Capital Markets Inc.; Goldman, Sachs & Co.; Jefferies & Co.; J.P. Morgan Securities LLC; Loop Capital Markets LLC; Morgan Stanley & Co. LLC; RBC Capital Markets LLC; Rice Financial Products Co.; Roosevelt & Cross Inc.; Siebert Brandford Shank & Co. LLC; TD Securities; U.S. Bancorp Investments Inc.; Wells Fargo Securities LLC; BMO Capital Markets LLC; Cabrera Capital Markets LLC; CastleOak Securities LP; Lebethal & Co. LLC; Northern Trust Co.; and The Williams Capital Group LP (co-managers); proceeds to finance capital projects for the authority and repay commercial paper notes.

PHILADELPHIA (PENNSYLVANIA): $155,475,000 series 2014A general obligation refunding bonds (A2/A+/A-); negotiated; Citigroup Global Markets Inc. and Siebert Brandford Shank & Co. LLC (lead); J.P. Morgan Securities LLC, Mesirow Financial Inc., PNC Capital Markets LLC, RBC Capital Markets LLC and Wells Fargo Securities LLC (co-managers); bonds due 2014 to 2034 with a term bond due in 2038; proceeds to advance refund the city's series 2008B G.O. bonds.

REGIONAL TRANSPORTATION AUTHORITY (ILLINOIS): $105,565,000 series 2014A general obligation bonds (Aa3/AA/AA); competitive; Backstrom McCarley Berry & Co. LLC (financial adviser); bonds due 2015 to 2044; proceeds to finance the construction, acquisition, renovation and improvement of certain public transportation facilities as part of the authority's capital program; pricing day-to-day.

SOUTH TEXAS COLLEGE DISTRICT: $50 million series 2014 limited tax bonds; negotiated; Estrada Hinojosa & Co. Inc. (lead); Jefferies & Co., Raymond James/Morgan Keegan and Stifel, Nicolaus & Co. Inc. (co-managers); bonds due 2019 to 2034; proceeds to construct and equip college buildings in Hidalgo and Starr counties in Texas.

WASHINGTON STATE UNIVERSITY: $55,775,000 series 2014 general revenue bonds (Aa2/AA/); negotiated; Goldman, Sachs & Co. (lead); Baird & Co., Barclays and J.P. Morgan Securities LLC (co-managers); bonds due 2015 to 2039; proceeds to construct dining and housing facilities for the university, as well as to construct a new technology laboratory.

YOAKUM INDEPENDENT SCHOOL DISTRICT (TEXAS): $50 million series 2014 unlimited tax school building bonds; negotiated; RBC Capital Markets LLC (lead); Edward D. Jones & Co. LP, Frost Bank, Hutchinson Shockey Erley & Co., Raymond James/Morgan Keegan and Samco Capital Markets Inc. (co-managers); proceeds to finance the construction, acquisition and equipment of school facilities in the district.

• $25 million series 2014A bonds due 2016 to 2034

• $25 million series 2014B bonds due 2016 to 2034

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