Municipal Calendar: Wilson County readies $77.08 million bond sale

Week of October 15

METROPOLITAN TRANSPORTATION AUTHORITY (NEW YORK): $950 million series 2012A dedicated tax fund refunding bonds; negotiated; Wells Fargo Securities LLC, Jefferies & Co. and Loop Capital Markets LLC (lead); Bank of America Merrill Lynch, Barclays, Citigroup Global Markets Inc., Goldman, Sachs & Co., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Ramirez & Co., Siebert Brandford Shank & Co. LLC, BB&T Capital Markets Inc., Edward D. Jones & Co. LP, Fidelity Capital Markets, First Southwest Co., M.R. Beal & Co., Piper Jaffray & Co., Raymond James/Morgan Keegan, RBC Capital Markets LLC, Rice Financial Products Co., Roosevelt & Cross Inc., Stifel, Nicolaus & Co. Inc. and TD Securities (USA) LLC (co-managers); proceeds to refund the authority's series 2002A bonds and advance refund other debt; pricing week of Oct. 15.

October 16

WILSON COUNTY (TENNESSEE): $77,075,000 series 2012 school and public improvement general obligation bonds; competitive; Stephens Inc. (financial adviser); proceeds to acquire land for school facilities, construct and equip new and existing school facilities, construct public facilities and refund existing debt; pricing Oct. 16.

• $40.15 million series 2012A G.O. school and public improvement bonds

• $36,925,000 series 2012B G.O. county district school improvement and refunding bonds

October 17

MARYLAND ECONOMIC DEVELOPMENT CORP./MARYLAND AVIATION ADMINISTRATION FACILITIES: $199,325,000 series 2012 taxable lease revenue refunding bonds (Aa1/AA+/); competitive; Wye River Group Inc. (financial adviser); bonds due 2013 to 2030; proceeds to refund the corporation's series 2003 lease revenue bonds issued for the Maryland Aviation Administration Facilities; pricing Oct. 17.

WISCONSIN: $302.6 million series 2012B general obligation bonds; competitive; bonds due 2022 to 2032; proceeds to fund general government expenses; pricing Oct. 17.

October 18

ORANGE COUNTY SANITATION DISTRICT (CALIFORNIA): $131,715,000 series 2012C revenue refunding certificate anticipation notes (/SP-1+/F1+); competitive; Public Resources Advisory Group (financial adviser); notes due Oct. 30, 2013; proceeds to refund the district's series 2011B revenue refunding certificate anticipation notes; pricing Oct. 18.

On the Horizon

ARIZONA HEALTH FACILITIES AUTHORITY/BANNER HEALTH: $252.24 million series 2012 revenue bonds (/AA-/AA-); negotiated; Bank of America Merrill Lynch and Morgan Stanley & Co. LLC (lead); proceeds to construct a new patient tower, two parking garages, a cardiac wing, a neonatal intensive care unit and operating rooms at the Banner Estrella Medical Center in Phoenix and the construction of two shelled floors at the Banner Baywood Medical Center in Mesa, as well as to refund existing debt.

• $184.03 million series 2012A tax-exempt bonds

• $68.21 million series 2012B taxable bonds

BAYLOR UNIVERSITY (TEXAS): $200 million series 2012 taxable fixed-rate bonds (/A+/A+); negotiated; Barclays (lead); proceeds to construct, equip, acquire and renovate facilities for the university, as well as to refinance commercial paper notes.

BRIDGEPORT (CONNECTICUT): $71.5 million series 2012B general obligation tax anticipation notes; negotiated; William Blair & Co. (lead); notes due Feb. 12, 2013; proceeds to finance capital needs for the city ahead of the collection of certain taxes.

CALIFORNIA STATE PUBLIC WORKS BOARD: $600.17 million series 2012 lease revenue bonds (A2/BBB+/BBB+); negotiated; Loop Capital Markets LLC and Stone & Youngberg (lead); Alamo Capital, BNY Mellon Capital Markets LLC, Backstrom McCarley Berry & Co. LLC, Cabrera Capital Markets LLC, City National Securities LLC, Edward D. Jones & Co. LP, Fidelity Capital Markets LLC, Greencoast Capital Partners LLC, J.P. Morgan Securities LLC, Mesirow Financial Inc., Morgan Stanley & Co. LLC, O'Connor & Co. Securities, Oppenheimer & Co. Inc., RBC Capital Markets LLC, SL Hare Capital and Wells Fargo Securities LLC (co-managers); proceeds to construct, equip, acquire and renovate a correctional facility, courthouses, toxic substances treatment plants; renovate the California School for the Deaf in Riverside; and refund existing lease revenue bonds.

• $458.89 million series 2012G various capital projects lease revenue bonds

• $53,485,000 series 2012H Department of Education Riverside Campus projects lease revenue bonds

• $67,195,000 series 2012I Department of Corrections and Rehabilitation California State Prison lease revenue refunding bonds

• $20.6 million series 2012J Department of Public Health Richmond Laboratory project lease revenue refunding bonds

CUMBERLAND COUNTY MUNICIPAL AUTHORITY (PENNSYLVANIA)/ASBURY PENNSYLVANIA OBLIGATED GROUP: $52,625,000 series 2012 refunding revenue bonds; negotiated; Ziegler Capital Markets Inc. (lead); proceeds to refund the authority's series 2006 adjustable-rate demand revenue bonds.

DALLAS AND FORT WORTH (TEXAS)/DALLAS/FORT WORTH INTERNATIONAL AIRPORT: $301.23 million series 2012G joint airport revenue refunding bonds (A1/A+/A+); negotiated; Siebert Brandford Shank & Co. LLC and Stifel, Nicolaus & Co. LLC (lead); Citigroup Global Markets Inc. and Cabrera Capital Markets LLC (co-managers); bonds due 2013 to 2015 and 2017 to 2035; proceeds to refund the Dallas/Fort Worth International Airport's series 2002A joint revenue refunding and improvement bonds.

ILLINOIS FINANCE AUTHORITY/LUTHERAN HOME AND SERVICES OBLIGATED GROUP: $101,995,000 series 2012 revenue bonds; negotiated; Ziegler Capital Inc. (lead); bonds due 2013 to 2017 with term bonds due in 2022, 2027, 2032 and 2046; proceeds to be loaned to the Lutheran Home and Services for the Aged Inc. to refinance debt issued to construct, acquire, equip and renovate properties owned by the company, as well as to refund the home's series 2001 and 2003 revenue bonds.

INDIANA FINANCE AUTHORITY/COMMUNITY HEALTH NETWORK PROJECT: $381,085,000 series 2012A hospital revenue bonds (A2/A/); negotiated; Wells Fargo Securities LLC (lead); PNC Capital Markets LLC and BMO Capital Markets (co-managers); proceeds to refund the health care network's series 1988A, 1992A, 1993, 1995, 1997 and 2005C bonds.

LOUISIANA PUBLIC FACILITIES AUTHORITY/FRANCISCAN MISSIONARIES OF OUR LADY HEALTH SYSTEM: $100 million series 2012B hospital revenue bonds (A2/A+/); negotiated; J.P. Morgan Securities LLC (lead); Morgan Stanley & Co. LLC and Bank of America Merrill Lynch (co-managers); proceeds to construct, equip and acquire a patient tower and make other capital improvements at the Our Lady of the Lake Regional Medical Center in Baton Rouge.

MARYLAND HEALTH AND HIGHER EDUCATIONAL FACILITIES AUTHORITY/ANNE ARUNDEL HEALTH SYSTEM: $71.46 million series 2012 revenue bonds (A3/A-/A-); negotiated; Citigroup Global Markets Inc. and BB&T Capital Markets (lead); bonds due 2013 to 2022 with term bonds due in 2027 and 2034; proceeds to refund existing debt.

MISSION HEALTH INC. (NORTH CAROLINA)/MISSION HEALTH COMBINED GROUP: $250 million series 2012 taxable health system revenue bonds (Aa3/AA-/AA-); negotiated; Bank of America Merrill Lynch and Wells Fargo Securities LLC (lead); bonds due Dec. 1, 2042; proceeds to finance capital improvements and equipment purchases for the combined group.

MISSISSIPPI: $176.42 million series 2012 general obligation bonds; negotiated; Morgan Stanley & Co. LLC (sole for 2012G);Bank of America Merrill Lynch and Citigroup Global Markets Inc. (lead for 2012H); Duncan-Williams Inc., Kipling Jones & Co. and Stephens Inc. (co-managers for 2012H); proceeds to fund loans to corporations based in the state and to fund grants for local economic development projects.

• $39.74 million series 2012G taxable G.O.s due 2013 to 2019

• $136.68 million series 2012H tax-exempt G.O.s due 2019 to 2032

MODESTO IRRIGATION DISTRICT (CALIFORNIA): $88.59 million series 2012 electric system revenue refunding bonds (A2/A+/); negotiated; Citigroup Global Markets Inc. (lead); proceeds to refund the district's series 2003A certificates of participation.

• $85.8 million series 2012A bonds due 2013 to 2032

• $2.79 million series 2012B bonds due 2013

NEW YORK STATE MORTGAGE AGENCY: $100 million series 176 and 177 homeowner mortgage revenue bonds; negotiated; Citigroup Global Markets Inc. (lead); Bank of America Merrill Lynch, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Castle Oak Securities Inc., George K. Baum & Co., M&T Securities Inc., Ramirez & Co. Inc., Siebert Brandford Shank & Co. LLC and Wells Fargo Securities LLC (co-managers); proceeds to finance mortgage loans.

• $66.8 million series 176 non-AMT bonds due 2013 and 2018 to 2022 with term bonds due 2027, 2032, 2037 and 2042

• $33.2 million series 177 non-AMT bonds due 2013 to 2022 with term bond due in 2027

NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY/WAKE FOREST UNIVERSITY: $110 million series 2012 educational facilities revenue bonds (Aa3/AA/); negotiated; Wells Fargo Securities LLC and BB&T Capital Markets LLC (lead); bonds due 2015 to 2033 with term bonds due 2040 and 2042; proceeds to construct and design residence halls, a dining hall and academic buildings, as well as to upgrade the university's heating plant.

NORTH SLOPE BOROUGH (ALASKA): $95.49 million series 2012A general obligation bonds; negotiated; KeyBanc Capital Markets LLC (lead); bonds due 2013 to 2022; proceeds to finance capital improvements within the borough.

NYU HOSPITALS CENTER: $250 million series 2012A taxable bonds (A3/A-/A-); negotiated; J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and Bank of America Merrill Lynch (lead); TD Securities (USA) LLC (co-manager); proceeds to finance various construction projects for the center.

TALLAHASSEE (FLORIDA): $50.16 million series 2012 capital refunding bonds (Aa3//AA); negotiated; Bank of America Merrill Lynch and Siebert Brandford Shank & Co. LLC (lead); bonds due 2013 to 2024; proceeds to refund city's series 2004 bonds.

UTAH COUNTY (UTAH)/IHC HEALTH SERVICES, INC.: $223 million series 2012 hospital revenue bonds (Aa1/AA+/); negotiated; J.P. Morgan Securities LLC and Wells Fargo Securities LLC (lead); proceeds to construct, acquire, equip and improve new and existing facilities operated by IHC.

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