Municipal Calendar: California State Public Works to sell $793 million of bonds

Week of March 24

ALASKA INDUSTRIAL DEVELOPMENT AND EXPORT AUTHORITY/GREATER FAIRBANKS COMMUNITY HOSPITAL FOUNDATION: $51,245,000 series 2014 revenue bonds (/A/A); negotiated; U.S. Bancorp Investments Inc. and Wells Fargo Securities LLC (lead); bonds due 2015 to 2034; proceeds to construct, acquire, equip and install a new surgical suite at the hospital, as well as to make other repairs and improvements; pricing week of March 24.

CALIFORNIA STATE PUBLIC WORKS BOARD: $793 million series 2014A Department of Corrections and Rehabilitation lease revenue bonds (A2/A-/A-); negotiated; Morgan Stanley & Co. LLC and Wells Fargo Securities LLC (lead); Alamo Capital, Brandis Tallman LLC, Citigroup Global Markets Inc., City National Securities Inc., Drexel Hamilton LLC, J.P. Morgan Securities LLC, KeyBanc Capital Markets LLC, Lebenthal & Co. LLC, Mesirow Financial Inc., Oppenheimer & Co. Inc., Piper Jaffray & Co., RH Investment Corp., Roberts & Ryan Investments Inc., SL Hare Capital Inc., William Blair & Co. Inc. and Wulff, Hansen & Co. (co-managers); proceeds to finance the construction of the Mule Creek State Prison and the Richard J. Donovan Correctional Facility; pricing week of March 24.

OKLAHOMA CAPITOL IMPROVEMENT AUTHORITY: $220 million series 2014A state facilities revenue refunding bonds (/AA/AA); negotiated; Citigroup Global Markets Inc. (lead); BOSC Inc., Baird & Co. and Wells, Nelson & Associates LLC (co-managers); bonds due 2014 to 2030; proceeds to refund the authority's series 2005A-F revenue bonds; pricing week of March 24.

OSCEOLA COUNTY (FLORIDA): $73,391,888 series 2014 expressway system revenue bonds (/BBB-/); negotiated; J.P. Morgan Securities LLC (lead); PNC Capital Markets LLC and Ramirez & Co. Inc. (co-managers); proceeds to finance expressway system improvements; pricing week of March 24.

• $37.26 million series 2014A Poinciana Parkway project expressway system senior lien revenue bonds

• $14,300,079 series 2014B-1 Poinciana Parkway project expressway system senior lien capital appreciation bonds

• $21,831,809 series 2014B-2 Poinciana Parkway project expressway system senior lien convertible capital appreciation bonds

March 25

ANAHEIM PUBLIC FINANCING AUTHORITY/ANAHEIM CONVENTION CENTER (CALIFORNIA): $265,895,000 series 2014 lease revenue bonds (/AA-/AA-); negotiated; Citigroup Global Markets Inc. (lead); BofA Merrill Lynch, De La Rosa & Co. Inc. and Wells Fargo Securities LLC (co-managers); proceeds to finance the expansion and improvement of the convention center and to retire existing certificates and bonds; pricing March 25.

• $258,405,000 series 2014A bonds due 2015 to 2034 with term bonds due in 2039 and 2046

• $7.49 million series 2014B taxable bonds due 2015 to 2016

ANNE ARUNDEL COUNTY (MARYLAND): $206.1 million series 2014 general obligation bonds; competitive; Public Resources Advisory Group (financial adviser); proceeds to finance capital improvements, including water and sewer improvements, as well as to retire bond anticipation notes; pricing March 25.

• $126.9 million series 2014 consolidated public improvement bonds due 2015 to 2034

• $79.2 million series 2014 consolidated water and sewer bonds due 2015 to 2044

ATLANTA (GEORGIA): $705.57 million series 2014 general revenue bonds; negotiated; Siebert Brandford Shank & Co. LLC and SunTrust Robinson Humphrey (lead); Jefferies & Co., PNC Capital Markets LLC, Ramirez & Co. Inc., Raymond James/Morgan Keegan, Rice Financial Products Co. and TD Securities (USA) LLC (co-managers); proceeds to refund the airport's series 2004B, 2004C and 2004J general revenue bonds; pricing March 25.

• $376.37 million series 2014A non-AMT passenger facility charge and subordinate-lien general revenue refunding bonds

• $144.14 million series 2014B non-AMT airport general revenue refunding bonds

• $185.06 million series 2014C AMT airport general revenue refunding bonds

COBB COUNTY (GEORGIA): $52 million series 2014 general obligation tax anticipation notes (MIG 1/SP-1+/F1+); competitive; Public Financial Management Inc. (financial adviser); notes due Nov. 28, 2014; proceeds to finance current expenses for the county in the 2014-2015 fiscal year; pricing March 25.

NEW YORK CITY MUNICIPAL WATER FINANCE AUTHORITY: $480 million series 2014DD water and sewer system second general resolution revenue bonds; negotiated; Barclays (lead); Citigroup Global Markets Inc.; Ramirez & Co. Inc.; Raymond James/Morgan Keegan; BofA Merrill Lynch; Fidelity Capital Markets; 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 USA LLC; U.S. Bancorp Investments Inc.; Wells Fargo Securities LLC; BMO Capital Markets LLC; Cabrera Capital Markets LLC; CastleOak Securities LP; Lebenthl & Co. LLC; Northern Trust Co.; and The Williams Capital Group LP (co-managers); proceeds to redeem existing debt; pricing March 25.

March 26

CONNECTICUT HOUSING FINANCE AUTHORITY: $100 million series 2014 non-AMT housing mortgage finance program bonds (Aaa/AAA/); negotiated; BofA Merrill Lynch (lead); proceeds to finance mortgage loans to qualified Connecticut residents; pricing March 26.

PENNSYLVANIA TURNPIKE COMMISSION: $235.59 million series 2014A turnpike revenue bonds (A1/A+/A+); negotiated; Loop Capital Markets LLC (lead); proceeds to finance turnpike capital projects; pricing March 26.

WESTFIELD (MASSACHUSETTS): $51.2 million series 2014 state qualified municipal purpose loan general obligation bonds; competitive; Eastern Bank (financial adviser); bonds due 2015 to 2034; proceeds to finance roadway improvements, meter upgrades, airport improvements and building repairs among other capital projects; pricing March 26.

March 27

FULTON COUNTY DEVELOPMENT AUTHORITY (GEORGIA): $74.94 million series 2014 Georgia Tech facilities refunding revenue bonds (Aa3/AA-/); negotiated; BofA Merrill Lynch (lead); proceeds to refund the authority's series 2004 revenue bonds; pricing March 27.

• $55,735,000 series 2014A bonds due 2015 to 2034 with term bonds due 2036 and 2041

• $19,205,000 series 2014B taxable bonds due 2015 to 2029 with term bond due in 2036

ORLANDO (FLORIDA): $238,585,000 series 2014A contract tourist development tax payments revenue bonds (Aa2//AA+); negotiated; BofA Merrill Lynch and Citigroup Global Markets Inc. (lead); Cabrera Capital Markets LLC, J.P. Morgan Securities LLC, Jefferies & Co., Rice Financial Products Co. and Stifel, Nicolaus & Co. LLC (co-managers); bonds due 2016 to 2034 with term bonds due 2039 and 2044; proceeds to construct, acquire, repair and renovate a stadium and performing arts center in the city; pricing March 27.

VIRGINIA: $128.27 million series 2014 general obligation bonds; competitive; Public Resources Advisory Group (financial adviser); proceeds to finance capital projects, as well as to refund the state's series 2004B G.O. bonds; pricing March 27.

• $63,815,000 series 2014A G.O. bonds due 2015 to 2034

• $64,455,000 series 2014B G.O. refunding bonds due 2015 to 2020

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.

HAMILTON COUNTY (OHIO)/UC HEALTH: $80,175,000 series 2014 hospital facilities revenue bonds (A3/A-/); negotiated; RBC Capital Markets LLC (lead); proceeds to finance the acquisition of a parking garage at the hospital's University of Cincinnati Medical Center campus, the expansion of an emergency room facility at the campus and the refunding of the health system's series 2001C revenue bonds.

INDIANA FINANCE AUTHORITY: $89,715,000 series 2014 state revolving fund program bonds; negotiated; Goldman, Sachs & Co. (lead); BofA Merrill Lynch, Jefferies & Co., PNC Capital Markets LLC and Ramirez & Co. Inc. (co-managers); proceeds to finance loans to eligible local government entities for capital projects and to refund existing debt.

• $18,155,000 series 2014A bonds due Feb. 1, 2015

• $71.56 million series 2014B refunding bonds due 2015 to 2022

INLAND VALLEY DEVELOPMENT SUCCESSOR AGENCY (CALIFORNIA): $270 million series 2014 tax allocation refunding bonds (/A-/); negotiated; Barclays (lead); proceeds to repay outstanding loans and refund the agency's series 2011B-C bonds.

• Series 2014A tax-exempt bonds

• Series 2014B taxable bonds

KANSAS CITY (MISSOURI): $113,535,000 series 2014 special obligation bonds (A1/AA-/); negotiated; Oppenheimer & Co. (lead); George K. Baum & Co.; Stifel, Nicolaus & Co. Inc.; and Valdes & Moreno Inc. (co-managers); proceeds to finance a downtown streetcar project, a downtown redevelopment project, capital improvements within the city and to advance refund existing special obligation bonds.

• $65.91 million series 2014A Downtown Streetcar bonds due 2014 to 2037

• $14,755,000 series 2014B Kansas City projects bonds due 2015 to 2028

• $32.87 million series 2014C Kansas City Downtown Redevelopment project bonds due 2031 to 2039

KAREGNONDI WATER AUTHORITY (MICHIGAN): $220.5 million series 2014A water supply system bonds (A2/A+/); negotiated; J.P. Morgan Securities LLC (lead); Wells Fargo Securities LLC and Stifel, Nicolaus Co. LLC (co-managers); proceeds to finance capital improvements to the authority's water system.

NEW BRITAIN (CONNECTICUT): $55,305,000 series 2014A general obligation bond anticipation notes; negotiated; William Blair & Co. (lead); notes due Oct. 30, 2014; proceeds to finance municipal improvements and capital projects.

NEW YORK STATE ENVIRONMENTAL FACILITIES CORP.: $345.49 million series 2014A state clean and drinking water revolving funds revenue bonds (Aaa/AAA/AA+); negotiated; Goldman, Sachs & Co. and Rice Financial Products Co. (lead); BofA Merrill Lynch; Barclays; BNY Capital Markets LLC; Blaylock Beal Van LLC; CastleOak Securities LP; Citigroup Global Markets Inc.; Estrada Hinojosa & Co. Inc.; Fidelity Capital Markets Inc.; George K. Baum & Co.; Guggenheim Securities; Janney Montgomery Scott LLC; J.P. Morgan Securities LLC; Jefferies & Co.; KeyBanc Capital Markets Inc.; Lebenthal & Co. LLC; Loop Capital Markets LLC; Mesirow Financial Inc.; Morgan Stanley & Co. LLC; Prager & Co. LLC; Ramirez & Co. Inc.; Raymond James/Morgan Keegan; RBC Capital Markets LLC; Rockfleet; Roosevelt & Cross Inc.; Siebert Brandford Shank & Co. LLC; Stifel, Nicolaus & Co. Inc.; The Williams Capital Group LP; and Wells Fargo Securities LLC (co-managers); bonds due 2015 to 2034; proceeds to refund the corporation's series 2004C, 2004E and 2004F clean and drinking water revolving fund revenue bonds, which were previously issued to finance water pollution control and drinking water projects.

PALM BEACH COUNTY HEALTH FACILITIES AUTHORITY/SINAI RESIDENCES OF BOCA RATON (FLORIDA): $189,885,000 series 2014 revenue bonds; negotiated; H.J. Sims & Co. (lead); proceeds to fund a loan to Sinai Residences of Boca Raton for capital improvements to the corporation's facilities, as well as to refund existing notes.

• $120,885,000 series 2014A bonds due 2024, 2034 and 2049

• $14 million series 2014B entrance fee principal redemption bonds due 2023

• $55 million series 2014C entrance fee principal redemption bonds due 2021

PUBLIC FINANCE AUTHORITY/USA PLACE PARKING FACILITIES LLC (ARIZONA): $103.5 million series 2014 taxable parking revenue bonds; negotiated; KeyBanc Capital Markets LLC (lead); bonds due Feb. 1, 2021; proceeds to construct, equip, acquire and renovate a multilevel parking facility for the USA Place multi-use center anchored by a hotel and conference center in Tempe.

SAN DIEGO UNIFIED SCHOOL DISTRICT (CALIFORNIA): $261,105,264.15 series 2014 general obligation bonds (Aa3/AA-/); negotiated; Goldman, Sachs & Co. (lead); Loop Capital Markets LLC and Stifel, Nicolaus & Co. LLC (co-managers); proceeds to repair and upgrade outdated school facilities and to refund the district's series 2003, 2004 and 2005 G.O. bonds.

• $15,485,000 election of 2008 series 2014F G.O. bonds due 2014 and 2016

• $50,000,264.15 election of 2008 series 2014G G.O. bonds due 2031 to 2038 with term bond due 2038

• $195.62 million series 2014R-3 G.O. refunding bonds due 2015 to 2029

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