Municipal Calendar: New Jersey Educational preps $197.88 million offering

Week of April 14

CINCINNATI (OHIO): $112,295,000 series 2014 general obligation bonds (Aa2/AA-/); negotiated; RBC Capital Markets LLC (lead); Fifth Third Securities Inc., Loop Capital Markets LLC and U.S. Bancorp Investments Inc. (co-managers); proceeds to finance street improvements and widening, public building acquisitions and renovations, park improvements and the refunding of existing debt; pricing week of April 14.

• $103.15 million series 2014A unlimited tax various purpose G.O. improvement and refunding bonds due 2015 to 2034

• $2,045,000 series 2014B unlimited tax public buildings improvement G.O. bonds due 2015 to 2029

• $7.1 million series 2014C taxable unlimited tax police and fire pension G.O. refunding bonds due 2015 to 2021

NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY: $197,875,000 series 2014 revenue and refunding bonds (//A+); negotiated; Raymond James/Morgan Keegan (lead); proceeds to finance capital improvements to statewide higher educational facilities and to refund existing revenue debt; pricing week of April 14.

• $159.4 million series 2014A higher education capital improvement bonds

• $13,935,000 series 2014B higher education capital improvement bonds

• $21.08 million series 2014C higher education capital improvement refunding bonds

• $3.46 million series 2014D higher education capital improvement refunding bonds

Week of April 21

April 22

CALIFORNIA: $750 million series 2014 various purpose general obligation bonds (A1/A/A); competitive; Public Resources Advisory Group LLC (financial adviser); proceeds to finance capital projects within the state and repay commercial paper; pricing April 22.

• $575 million series 2014 tax-exempt bonds due 2015 to 2032 with term bond due 2044

• $175 million series 2014 taxable bonds due May 1, 2019

DENVER HEALTH AND HOSPITAL AUTHORITY (COLORADO): $90,195,000 series 2014 health care revenue bonds (/BBB/BBB+); negotiated; Piper Jaffray & Co. and D.A. Davidson & Co. (lead); Loop Capital Markets LLC and Stifel, Nicolaus & Co. LLC (co-managers); proceeds to finance capital improvements to the authority's Southwest Clinic, renovations to the Westside Clinic and improvements to the main campus, all located in Denver; pricing April 22.

• $73,205,000 series 2014A bonds due 2028, 2031, 2036 and 2045

• $16.99 million series 2014B taxable bonds due 2016 to 2026

MESQUITE INDEPENDENT SCHOOL DISTRICT (TEXAS): $82.39 million series 2014 unlimited tax school building bonds (/AA/AA+); negotiated; Raymond James/Morgan Keegan (lead); Oppenheimer & Co., Southwest Securities Inc. and BOSC Inc. (co-managers); proceeds to construct, renovate, acquire and equip school buildings in the district, as well as to refund the district's series 2004A, 2005 and 2005A bonds; pricing April 22.

• $24,175,000 series 2014A unlimited tax school building bonds due 2015 to 2039

• $58,215,000 series 2014B unlimited tax refunding bonds due 2014 to 2030

PENNSYLVANIA TURNPIKE COMMISSION: $209.8 million series 2014A revenue bonds; negotiated; proceeds to finance turnpike capital projects; pricing April 22.

• $150 million series 2014A turnpike subordinate revenue bonds (//A-)

• $59.8 million series 2014A motor license fund-enhanced turnpike subordinate revenue special bonds (//AA)

PHILADELPHIA MUNICIPAL AUTHORITY (PENNSYLVANIA): $55,135,000 series 2014 city service agreement revenue bonds (A2/A+/A-); competitive; Public Financial Management Inc. and Acacia Financial Group Inc. (financial advisers); proceeds to demolish, renovate, construct and improve the city's public safety services campus, as well as to construct parking accommodations for the facility; pricing April 22.

• $4.05 million series 2014A taxable bonds

• $51,085,000 series 2014B tax-exempt bonds

TRAVIS COUNTY (TEXAS): $84,825,000 series 2014 certificates of obligation and bonds (Aaa/AAA/); competitive; D. Ladd Pattillo & Associates (financial adviser); proceeds to install, equip, improve and construct capital improvements throughout the county, as well as to finance improvements to county parks and recreational facilities; pricing April 22.

• $38.99 million series 2014 certificates of obligation due 2015 to 2034

• $4.95 million series 2014 state highway system bonds due 2015 to 2034

• $15,665,000 series 2014 permanent improvement bonds due 2015 to 2034

• $25.22 million series 2014 unlimited tax road bonds due 2015 to 2034

April 23

REGIONAL TRANSPORTATION AUTHORITY (ILLINOIS): $225 million series 2014A-1 taxable general obligation working cash notes; competitive; Acacia Financial Group (financial adviser); proceeds to manage the authority's cash flow needs; pricing April 23.

On the Horizon

GEORGETOWN UNIVERSITY (DISTRICT OF COLUMBIA): $100 million series 2014 taxable fixed-rate bonds (A3/A-/); negotiated; J.P. Morgan Securities LLC (lead); bonds due April 1, 2044; proceeds to finance the expansion of the university's School of Continuing Studies; to purchase, install and equip student housing; and to install a new cooling tower, as well as to make other capital improvements at the university.

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

LONG BEACH (CALIFORNIA): $60.02 million series harbor revenue refunding bonds (/AA/AA); negotiated; Citigroup Global Markets Inc. (lead); Loop Capital Markets LLC and Stifel, Nicolaus & Co. LLC (co-managers); proceeds to refund the city's series 2002B and 2004A harbor revenue bonds.

• $39,005,000 series 2014A AMT bonds due 2015 to 2017

• $21,015,000 series 2014B non-AMT bonds due 2017 to 2018 and 2023 to 2027

MASSACHUSETTS: $60 million consolidated loan of 2014 MassDirect notes (Aa1/AA+/AA+); negotiated; Citigroup Global Markets Inc. (lead); proceeds to finance capital projects.

• $30 million series 3 notes due May 1, 2017, May 1, 2019 and May 1, 2024

• $30 million series 4 notes due May 1, 2016, May 1, 2018 and May 1, 2023

MIDTOWN MIAMI COMMUNITY DEVELOPMENT DISTRICT (FLORIDA): $91 million series 2014 special assessment and revenue bonds; negotiated; Citigroup Global Markets Inc. and FMS Bonds Inc. (lead); proceeds to refund the district's series 2004A-B revenue bonds, which were issued to finance the construction of a parking facility, as well as public open space, roadways, water and sewer facilities.

• $65 million series 2014A parking garage project special assessment and revenue refunding bonds

• $26 million series 2014B infrastructure project special assessment refunding bonds

MISSOURI HEALTH AND EDUCATIONAL FACILITIES AUTHORITY/SSM HEALTH CARE: $232,875,000 series 2014A health care revenue bonds (/A+/AA-); negotiated; Goldman, Sachs & Co. and Citigroup Global Markets Inc. (lead); BofA Merrill Lynch, Barclays and J.P. Morgan Securities LLC (co-managers); bonds due 2020 to 2033; proceeds to finance and refinance capital improvements for the authority, as well as to refinance debt.

OHIO: $339.56 million series 2014 water pollution control loan fund revenue bonds; negotiated; Morgan Stanley & Co. LLC and Piper Jaffray & Co. (lead); Duncan-Williams Inc., The Huntington Investment Co., Lebenthal & Co. LLC, Loop Capital Markets LLC, Mesirow Financial Inc. and Wells Fargo Securities LLC (co-managers); bonds due 2018 to 2024; proceeds to make loans to qualified local government units for water pollution control projects, as well as to refund the state's series 2013A water pollution control loan fund notes.

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

POLLUTION CONTROL FINANCING AUTHORITY OF GLOUCESTER COUNTY (NEW JERSEY): $66,795,000 series 2014 pollution control revenue refunding bonds; negotiated; Morgan Stanley & Co. LLC (lead); proceeds to refund authority's series 1992 revenue bonds.

• $63.81 million series 2014A AMT revenue refunding bonds

• $2,985,000 series 2014B taxable pollution revenue bonds due Dec. 1, 2019

POLLUTION CONTROL FINANCING AUTHORITY OF SALEM COUNTY (NEW JERSEY): $118,865,000 series 2014 pollution control revenue refunding bonds; negotiated; Morgan Stanley & Co. LLC (lead); proceeds to refund the authority's series 1991 New Jersey Economic Development Authority revenue bonds.

• $113.64 million series 2014A AMT revenue refunding bonds

• $5,225,000 series 2014B taxable pollution control revenue bonds due Dec. 1, 2019

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.

TEXAS PUBLIC FINANCE AUTHORITY: $700,205,000 series 2014 unemployment compensation obligation assessment revenue refunding bonds (Aaa/AAA/AAA); negotiated; BofA Merrill Lynch and Estrada Hinojosa & Co. Inc. (lead); Citigroup Global Markets Inc.; Goldman, Sachs & Co.; Loop Capital Markets LLC; Morgan Stanley & Co. LLC; Raymond James/Morgan Keegan; RBC Capital Markets LLC; Siebert Brandford Shank & Co. LLC; and Wells Fargo Securities LLC (co-managers); proceeds to refund the authority's series 2010A-B revenue bonds.

• $533,525,000 series 2014A bonds due 2015 to 2018

• $166.68 million series 2014B bonds due July 1, 2018

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