Municipals Calendar: Municipal Electric of Georgia to sell bonds

WEEK OF APRIL 25

MISSISSIPPI DEVELOPMENT BANK/MAGNOLIA REGIONAL HEALTH CENTER: $81.26 million series 2011A special obligation bonds (Baa2); negotiated; Morgan Keegan & Co. Inc. (lead); bonds due 2011 to 2022 with term bond due 2026, 2031 and 2036; proceeds to finance construction, improvement, furnishing and equipment of imaging department, registration and pre-admission testing, emergency department and surgical center at Magnolia Regional, as well as to refund the medical center's series 1998 bonds; pricing week of April 25.

APRIL 28

MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA: $178.105 million series 2011 subordinated bonds; negotiated; Morgan Stanley & Co. Inc. (lead); Barclays Capital Inc., BMO Capital Markets Corp., Merrill Lynch, Citigroup Global Markets Inc., FirstSouthwest Co., Goldman, Sachs & Co., J.P. Morgan Securities LLC, US Bancorp Securities Inc. and Wells Fargo Securities LLC (co-managers); 2011A project one bonds due 2013 to 2021; 2011B project one bonds due 2014 to 2021; 2011C project one bonds due 2013; 2011A general resolution project bonds due 2014 to 2021; 2011B general resolution project bonds due 2014 to 2021; 2011C general resolution project bonds due 2013 to 2014; proceeds to be deposited into construction fund for a variety of capital improvements; pricing April 28.

• $82.43 million series 2011A project one subordinated bonds

• $31.085 million series 2011B project one subordinated bonds

• $1.085 million series 2011C taxable project one subordinated bonds

• $5.785 million series 2011A general resolution project subordinated bonds

• $55.77 million series 2011B general resolution project subordinated bonds

• $1.95 million series 2011C taxable general resolution project subordinated bonds

WEEK OF MAY 2

LOUISIANA PUBLIC FACILITIES AUTHORITY/OCHSNER CLINIC FOUNDATION: $150 million series 2011 revenue bonds (Baa1//BBB+); negotiated; Citigroup Capital Markets Corp. and Barclays Capital Inc. (lead); Merrill Lynch and Morgan Keegan & Co. Inc. (co-managers); bonds due 2017 to 2021 with term bonds due 2031 and 2041; proceeds to finance and refinance costs to acquire, construct, renovate and repair hospital and health care facilities in the state; pricing week of May 2.

MASSACHUSETTS DEVELOPMENT FINANCE AGENCY/BROAD INSTITUTE: $353.54 million series 2011 revenue bonds (A1/AA-/); negotiated; Morgan Stanley & Co. Inc. (lead); Citigroup Global Markets Inc., Jefferies & Co. Inc., Fidelity Capital Markets LLC and J.P. Morgan Securities LLC (co-managers); 2011A bonds due 2020 to 2026 with term bonds due 2031 and 2041; 2011B bonds due 2012 to 2020; proceeds to construct, equip and acquire a 12-story laboratory building adjacent to and above a garage currently owned by a third party in Cambridge, Mass., pricing week of May 2.

• $269.995 million series 2011A bonds

• $83.545 million series 2011B taxable bonds

ON THE HORIZON

CONNECTICUT: $353.085 million series 2011 general obligation bonds; negotiated; Morgan Stanley & Co. Inc. and Siebert Brandford Shank & Co. LLC (lead); Barclays Capital Inc., Goldman, Sachs & Co. and William Blair & Co. (co-managers); 2011A Sifma bonds due 2012 to 2018; 2011A taxable bonds due May 18, 2012; proceeds to retire existing bond anticipation notes.

• $337.62 million series 2011A Sifma index G.O. bonds

• $15.465 million series 2011A taxable G.O. bonds

GREATER ORLANDO AVIATION AUTHORITY (FLORIDA): $90 million series 2010 airport facilities refunding revenue bonds (Aa3/A+/AA-); negotiated; Loop Capital Markets LLC (lead); Bank of America Merrill Lynch, Citigroup Global Markets Inc. and J.P. Morgan Securities LLC (co-managers); 2010C bonds due 2019 to 2028; 2010D bonds due 2011 to 2018; proceeds to refund authority's series 1999A-B bonds.

• $75 million series 2010C AMT bonds

• $15 million series 2010D non-AMT bonds

HUMBLE INDEPENDENT SCHOOL DISTRICT (TEXAS): $58.785 million bonds (Aaa/AAA/); negotiated; RBC Capital Markets LLC (lead); Merrill Lynch and Morgan Keegan & Co., Inc. (co-managers); 2011A bonds due 2016 to 2035; 2011B bonds due 2012 to 2022; proceeds to acquire, construct and equip school buildings and school district facilities, purchase building sites and school buses, as well as to refund a portion of the district's outstanding debt.

• $25 million series 2011A school building bonds

• $33.475 million series 2011B refunding bonds

INDUSTRIAL DEVELOPMENT CORP. OF THE PORT OF BELLINGHAM (WASHINGTON)/BP WEST COAST LLC: $111 million series 2010 environmental facilities industrial revenue bonds; negotiated; Goldman, Sachs & Co.; proceeds to construct sewage treatment and solid waste disposal facilities at BP's Cherry Point Refinery in Whatcom County, Wash.

LANCASTER COUNTY HOSPITAL AUTHORITY/LANCASTER GENERAL HOSPITAL (PENNSYLVANIA): $75 million series 2011 health system revenue bonds (Aa3/AA-/); negotiated; Bank of America Merrill Lynch and RBC Capital Markets LLC (lead); Wells Fargo Securities LLC and Janney Montgomery Scott LLC (co-managers); proceeds to construct, add, expand and improve the hospital laboratory facilities and its angiography suite, as well as refund its series 1998 and 2008 bonds.

METROPOLITAN WATER RECLAMATION DISTRICT OF GREATER CHICAGO (ILLINOIS): $500 million series 2010 general obligation capital improvement bonds (Aaa/AAA/AAA); negotiated; J.P. Morgan Securities LLC and Citigroup Global Markets Inc. (lead); Bank of America Merrill Lynch, Barclays Capital Inc., Duncan-Williams Inc., Loop Capital Markets LLC, Ramirez & Co. Inc., Siebert Brandford Shank & Co. LLC and William Blair & Co. Inc. (co-managers); 2010A bonds due 2012 to 2014; 2010B bonds due 2015 to 2018; 2010C bonds due 2019 to 2025 with a term bond due 2032; proceeds to construct, remodel, rehabilitate and repair water facilities, flood protection controls and pollution measures.

• $30 million series 2010A taxable bonds

• $70 million series 2010B tax-exempt bonds

• $400 million series 2010C Build America Bonds

MOBILE DOWNTOWN REDEVELOPMENT AUTHORITY/AUSTAL USA LLC (ALABAMA): $225 million series 2011 Gulf Opportunity Zone revenue bonds; negotiated; Merrill Lynch and Thornton Farish Inc. (lead); bonds due May 1, 2041; proceeds to finance construction and equipment of a modular manufacturing facility for Austal's shipbuilding operations.

• $112.5 million series 2011A bonds

• $112.5 million series 2011B bonds

OKLAHOMA STUDENT LOAN AUTHORITY: $213.5 million series 2011-1 taxable Libor Oklahoma student loan bonds (/AAA/AAA); negotiated; Merrill Lynch; bonds due June 1, 2040; proceeds to acquire eligible student loans from lenders or holders in the authority's network, as well as refund authority's series 2008I-A1 variable-rate bonds.

OREGON: $177.92 million general obligation bonds (Aa1/AA+/AA+); negotiated; Merrill Lynch and Citigroup Global Markets Inc. (lead); Fidelity Capital Markets LLC; Goldman, Sachs & Co.; J.P. Morgan Securities LLC; Morgan Stanley & Co. Inc. and RBC Capital Markets LLC (co-managers); 2011E bonds due 2012 to 2031 with term bonds due 2036 and 2041; 2011F bonds due 2017 to 2031 with term bonds due 2036 and 2041; 2011G bonds due 2017 to 2031; 2011H bonds due 2012 to 2031 with term bonds due 2036 and 2041; proceeds to finance projects within the Oregon University System.

• $49.69 million series 2011E bonds

• $6.29 million series 2011F bonds

• $52.185 million series 2011G bonds

• $69.755 million series 2011 H bonds

PUERTO RICO INDUSTRIAL, TOURIST, EDUCATIONAL, MEDICAL AND ENVIRONMENTAL CONTROL FACILITIES FINANCING AUTHORITY: $103.23 million series 2011A hospital revenue and revenue refunding bonds (/A-/); negotiated; J.P. Morgan Securities LLC and Morgan Stanley & Co. Inc. (lead); FirstBank Puerto Rico Securities and Popular Securities (co-managers); bonds due 2015 to 2021 with term bonds due 2026 and 2033; proceeds to refund existing hospital revenue bonds.

SPECIAL CARE FACILITIES FINANCING AUTHORITY OF THE CITY OF PELL/NOLAND HEALTH SERVICES INC. (ALABAMA): $92.98 million series 2010A revenue bonds (/A-/); negotiated; RBC Capital Markets Corp. (lead); bonds due 2011 to 2020 with term bonds due 2025, 2030 and 2039; proceeds to finance capital improvements to Noland Health facilities, as well as advanced refund authority's series 2007A and refund its series 2009A bonds.

SUMTER COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/CENTRAL FLORIDA HEALTH ALLIANCE: $72.025 million series 2011A hospital revenue refunding and improvement bonds (Baa1/BBB+/); negotiated; RBC Capital Markets LLC and PNC Capital Markets LLC (lead); proceeds to fund improvements, additions and expansions to Central Florida Health facilities, including the addition of new inpatient beds and expansion of alliance's emergency department, as well as refund debt.

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