Municipal Calendar: Chicago Midway Airport plans $784.03 million bond offering

Week of May 26

CHICAGO/CHICAGO MIDWAY AIRPORT: $784,025,000 series 2014 second-lien revenue and refunding bonds; negotiated; Barclays (lead); Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, Academy Securities, Backstrom, McCarley Berry & Co. LLC, BNY Mellon Capital Markets LLC, Estrada Hinojosa & Co. Inc., Lebenthal & Co. LLC, Ramirez & Co. Inc., Raymond James/Morgan Keegan and Siebert Brandford Shank & Co. LLC (co-managers); proceeds to reimburse the airport for costs associated with 2004 renovations and improvements, as well as to refund existing debt and repay commercial paper notes; pricing week of May 26.

• $480.57 million series 2014A AMT bonds

• $303,455,000 series 2014B non-AMT bonds

VOLUSIA COUNTY SCHOOL BOARD (FLORIDA): $114,745,000 series 2014B refunding certificates of participation (Aa3//A+); negotiated; Stifel, Nicolaus & Co. Inc. (lead); Raymond James/Morgan Keegan and BofA Merrill Lynch (co-managers); certificates due 2016 to 2031; proceeds to refund the board's series 2006A COPs; pricing week of May 26.

May 27

BRYAN (TEXAS): $52,025,000 series 2014 general obligation refunding bonds and combination tax and revenue certificates of obligation (/AA/); competitive; Specialized Public Finance Inc. (financial adviser); proceeds to refund existing G.O. debt and finance capital improvements; pricing May 27.

• $9,335,000 series 2014 general obligation refunding bonds due 2014 to 2031

• $42.69 million series 2014 combination tax and revenue certificates of obligation due 2015 to 2039

May 28

ARLINGTON COUNTY (VIRGINIA): $133,095,000 series 2014 general obligation bonds (Aaa/AAA/AAA); competitive; Public Financial Management Inc. (financial adviser); proceeds to finance capital improvements and refund existing debt; pricing May 28.

• $64.91 million series 2014A G.O. public improvement bonds due 2015 to 2034

• $68,185,000 series 2014B G.O. refunding bonds due 2021 to 2027 and 2031

May 29

HARRIS COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORP. (TEXAS)/MEMORIAL HERMANN HEALTH SYSTEM: $221,105,000 series 2014 hospital revenue bonds (A1/A+/); negotiated; J.P. Morgan Securities LLC (lead for 2014A, sole for 2014B); BofA Merrill Lynch, Citigroup Global Markets Inc., Goldman, Sachs & Co., Loop Capital Markets LLC, RBC Capital Markets LLC and Wells Fargo Securities LLC (co-managers for 2014A); proceeds to acquire, equip, construct, renovate and improve facilities operated by Memorial Hermann; pricing May 29.

• $150,035,000 series 2014A bonds due 2016 to 2031

• $71.07 million series 2014B bonds due Dec. 1, 2042

LOS ANGELES DEPARTMENT OF WATER AND POWER (CALIFORNIA): $322 million series 2014B power system revenue bonds (Aa3/AA-/AA-); negotiated; Barclays (lead); Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., U.S. Bancorp Investments Inc., Cabrera Capital Markets LLC, Loop Capital Markets LLC and Ramirez & Co. Inc. (co-managers); bonds due 2019 to 2032 with term bond due in 2043; proceeds to finance capital improvements to the city's power system; pricing May 29.

MASSACHUSESTTS WATER POLLUTION ABATEMENT TRUST: $561.24 million series 2014 state revolving fund refunding bonds; negotiated; BofA Merrill Lynch (lead); Jefferies & Co.; Ramirez & Co.; Baird & Co.; Barclays; Cabrera Capital Markets LLC; CastleOak Securities LP; Citigroup Global Markets Inc.; Estrada Hinojosa & Co. Inc.; Fidelity Capital Markets Inc.; J.P. Morgan Securities LLC; Janney Montgomery Scott LLC; Lebenthal & Co. LLC; Mesirow Financial Inc.; Morgan Stanley & Co. LLC; Piper Jaffray & Co.; Raymond James/Morgan Keegan; Rice Financial Products Co.; Roosevelt & Cross Inc.; Siebert Brandford Shank & Co. LLC; Sterne, Agee & Leach Inc.; TD Securities (USA) LLC; U.S. Bancorp Investments Inc.; and Wells Fargo Securities LLC (co-managers); bonds due 2015 to 2031; proceeds to refund the trust's series 4, series 9, series 10, series 12, series 13 and series 14 pool program bonds, its series 1998A loan program bonds and its series 2004B pool program refunding bonds; pricing May 29.

Week of June 2

June 2

VENTURA COUNTY (CALIFORNIA): $140 million series 2014-2015 tax and revenue anticipation notes (MIG 1/SP-1+/); competitive; Fieldman, Rolapp & Associates (financial adviser); notes due July 1, 2015; proceeds to finance capital expenditures for the county in the coming fiscal year; pricing June 2.

June 4

SEATTLE (WASHINGTON): $96.19 million series 2014 solid waste revenue and refunding bonds (Aa3/AA/); competitive; Piper Jaffray & Co. and Seattle-Northwest Securities Corp. (financial adviser); bonds due 2015 to 2039; proceeds to finance various capital projects for the city's solid waste system; pricing June 4.

On the Horizon

CLEVELAND COUNTY EDUCATIONAL FACILITIES AUTHORITY (OKLAHOMA): $91.85 million series 2014 educational facilities lease revenue bonds; negotiated; D.A. Davidson & Co. (lead); bonds due 2015 to 2019; proceeds to finance capital improvements to educational facilities within the county.

CONNECTICUT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY/YALE NEW HAVEN HEALTH: $554.9 million series 2014 revenue bonds (//AA-); negotiated; Barclays (lead); J.P. Morgan Securities LLC (co-manager); proceeds to construct, improve, renovate and equip the Yale-New Haven Hospital and Bridgeport Hospital, as well as to refund existing debt.

• $104 million series 2014A bonds

• $169 million series 2014B bonds

• $83,625,000 series 2014C bonds

• $108,275,000 series 2014D bonds

• $90 million series 2014E bonds

CUYAHOGA COUNTY (OHIO): $230,885,000 series 2014 certificates of participation (Aa3/AA-/); negotiated; Stifel, Nicolaus & Co. Inc. (lead); proceeds to finance or reimburse the county for the construction of a convention center in downtown Cleveland.

DECATUR HOSPITAL AUTHORITY (TEXAS)/WISE REGIONAL HEALTH SYSTEM: $98,255,000 series 2014A hospital revenue bonds (/BB+/BB+); negotiated; BofA Merrill Lynch and Cain Brothers (lead); proceeds to construct, equip and improve hospital facilities, as well as refund the authority's series 2004A revenue bonds.

DENTON INDEPENDENT SCHOOL DISTRICT (TEXAS): $76,675,000 series 2014A unlimited tax school building bonds; negotiated; J.P. Morgan Securities LLC (lead); Raymond James/Morgan Keegan and Southwest Securities Inc. (co-managers); bonds due 2015 to 2038; proceeds to construct, equip, improve and repair school buildings within the district.

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/TOURO COLLEGE AND UNIVERSITY SYSTEM OBLIGATED GROUP: $97,695,000 series 2014 revenue bonds (//BBB-); negotiated; Stifel, Nicolaus & Co. Inc. (lead); Ramirez & Co. Inc. and Ziegler Inc. (co-managers); proceeds to finance improvements to the university's facilities in Middletown, N.Y.

• $59.72 million series 2014A bonds due 2018 to 2030 with term bonds due 2034, 2039 and 2044

• $37,975,000 series 2014B bonds due 2015 to 2024 with term bond due 2029

EDMONDS SCHOOL DISTRICT NO. 5 (WASHINGTON): $150 million series 2014 unlimited tax general obligation bonds (Aa2/AA/); negotiated; D.A. Davidson & Co. (lead); Barclays and RBC Capital Markets LLC (co-managers); bonds due 2015 to 2033; proceeds to improve safety, heating/ventilation, energy efficiency and other capital improvements, as well as to reduce class size for grades 1 through 6 at various schools within the district.

HOLLAND SCHOOL DISTRICT (MICHIGAN): $57.84 million series 2014 unlimited tax general obligation refunding bonds; negotiated; The Huntington Investment Co. and Stifel, Nicolaus & Co. (lead); bonds due 2015 to 2035; proceeds to refund the district's series 2010B school building and site bonds.

JORDAN VALLEY WATER CONSERVANCY DISTRICT (UTAH): $50 million series 2014 water revenue and refunding bonds (/AA+/AA); negotiated; George K. Baum & Co. Inc. (lead); Stifel, Nicolaus & Co. Inc. (co-managers); proceeds to advance refund district's series 2005A water revenue bonds.

• $44.21 million series 2014A water revenue and refunding bonds due 2017 to 2045

• $5.79 million series 2014B water revenue refunding bonds due 2015 to 2017

LOS ANGELES COUNTY (CALIFORNIA): $900 million series 2014-15 tax and revenue anticipation notes; negotiated; J.P. Morgan Securities LLC and Wells Fargo Securities LLC (lead); Alamo Capital, KeyBanc Capital Markets Inc. and Stifel, Nicolaus & Co. Inc. (co-managers); notes due June 30, 2015; proceeds to finance capital expenditures for the coming fiscal year.

LOS ANGELES COUNTY REGIONAL FINANCING AUTHORITY/MONTECEDRO INC. (CALIFORNIA): $143,665,000 series 2014 insured revenue bonds (/A/); negotiated; BofA Merrill Lynch and Ziegler Inc. (lead); proceeds to construct, renovate and equip an assisted living facility.

• $48,165,000 series 2014A bonds due 2019 to 2029 with term bonds due 2034 and 2044

• $95.5 million series 2014B bonds due 2020 to 2021

LOS ANGELES UNIFIED SCHOOL DISTRICT (CALIFORNIA): $1,703,000,000 series 2014 general obligation refunding bonds; negotiated; J.P. Morgan Securities LLC (lead); BofA Merrill Lynch; Goldman, Sachs & Co.; Fidelity Capital Markets Inc.; Siebert Brandford Shank & Co. LLC; and Backstrom McCarley Berry & Co. LLC (co-managers); proceeds to advance or current refund existing debt held by the district.

• $197,465,000 series 2014A bonds due 2015 to 2022

• $356.8 million series 2014B bonds due 2015 to 2027

• $981.53 million series 2014C bonds due 2015 to 2031

• $167,205,000 series 2014D bonds due 2018 to 2030

MIAMI-DADE COUNTY EXPRESSWAY AUTHORITY (FLORIDA): $340 million series 2014A toll system revenue bonds (A3/A-/A-); negotiated; Morgan Stanley & Co. LLC and Citigroup Global Markets Inc. (lead); RBC Capital Markets LLC and Rice Financial Products Co. (co-managers); proceeds to finance improvements to the toll system as part of the authority's five-year plan.

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.

SPRING LAKE PUBLIC SCHOOLS (MICHIGAN): $54.26 million series 2014 school building and site general obligation bonds; negotiated; Stifel, Nicolaus & Co. Inc. (lead); bonds due 2017 to 2043; proceeds to construct additions to two elementary schools and a middle school, as well as to purchase school buses and make other capital improvements to schools within the district.

YSLETA INDEPENDENT SCHOOL DISTRICT (TEXAS): $80.08 million series 2014 unlimited tax refunding bonds; negotiated; BOSC Inc. (lead); Jefferies & Co., Ramirez & Co. Inc. and RBC Capital Markets LLC (co-managers); bonds due 2014 to 2030; proceeds to refund the district's series 2006 unlimited tax school building bonds.

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