Municipals Calendar: Oyster Bay set to sell $61.58 million

WEEK OF FEBRUARY 28

PUERTO RICO: $250 million series 2011C public improvement refunding bonds (A3/BBB-/BBB+); negotiated; Morgan Stanley & Co. Inc. and Barclays Capital Inc. (lead); BMO Capital Markets; Bank of America Merrill Lynch; Citigroup Global Markets Inc.; Goldman, Sachs & Co.; Jefferies & Co.; J.P. Morgan Securities LLC; Ramirez & Co. Inc.; Raymond James & Associates Inc.; RBC Capital Markets Corp.; UBS Financial Services Inc. of Puerto Rico; Wells Fargo Securities LLC; BBVAPR MSD; First Bank Puerto Rico Securities; Popular Securities; Santander Securities; and VAB Financial (co-managers); proceeds to refund debt; pricing week of Feb. 28.

TOHOPEKALIGA WATER AUTHORITY (FLORIDA): $94.82 million series 2011A utility system revenue refunding bonds (Aa3/AA+/); negotiated; FirstSouthwest Co. (lead); proceeds to refund authority's series 2007 bonds and terminate a swap agreement connected to those bonds; pricing week of Feb. 28.

VILLAGE COMMUNITY DEVELOPMENT DISTRICT NO. 9 (FLORIDA): $57.15 million series 2011 special assessment revenue bonds; negotiated; Citigroup Global Markets Inc. (sole); bonds due May 1, 2021, and May 1, 2041; proceeds to acquire and development first phase of The Villages adult community in central Florida; pricing week of Feb. 28.

MARCH 2

OYSTER BAY (NEW YORK): $61.575 million series 2011 general obligation bonds (/AAA/); competitive; Fiscal Advisors & Marketing Inc. (financial adviser); bonds due 2012 to 2020; proceeds to fund reconstruction of town buildings, conservation of parks, beaches and recreation areas and construct and maintain highways; pricing March 2.

MARCH 3

CLARK COUNTY SCHOOL DISTRICT (NEVADA): $100.255 million series 2011 general obligation refunding bonds (Aa2/AA/AA-); competitive; NSB Public Finance (financial adviser); 2011A bonds due 2013 to 2016; 2011B bonds due 2015 to 2019; proceeds to refund existing debt; pricing March 3.

• $70.06 million series 2011A

• $30.195 million series 2011B

WEEK OF MARCH 7

MARCH 9

MARYLAND: $485 million series 2011 general obligation bonds (Aaa/AAA/AAA); negotiated for first series A; competitive for first series B and first series B; Siebert Brandford Shank & Co. LLC (lead for first series A); Bank of America Merrill Lynch; Citigroup Global Markets Inc.; M&T Securities Inc.; RBC Capital Markets LLC; Barclays Capital Inc.; Goldman, Sachs & Co.; J.P. Morgan Securities LLC; Loop Capital Markets LLC; and Morgan Keegan & Co. (co-managers for first series A); Public Financial Management Inc. (financial adviser for first series B and first series C); proceeds to fund various capital projects, capital grants for local governments and matching fund loans and grants for local governments, nonprofits, hospitals and other entities; proceeds from first series C bonds to assist local educational facilities undertake energy conservation projects in schools; pricing March 9.

• $100 million first series A tax-exempt bonds

• $378.48 million first series B tax-exempt bonds

• $6.52 million first series C taxable qualified energy conservation bonds

MARCH 10

EVERETT (WASHINGTON): $51 million series 2011 water and sewer revenue bonds (/AA+/); competitive; Piper Jaffray & Co. (financial adviser); bonds due 2014 to 2035; proceeds to improve and replace the city's pipeline, expand sewer capacity, replace lift stations and make other improvements and upgrades to the city's water and sewer system; pricing March 10.

ON THE HORIZON

CHICAGO/CHICAGO O'HARE INTERNATIONAL AIRPORT: $998.855 million series 2011 passenger facility charge revenue bonds; negotiated; Citigroup Global Markets Inc. and Siebert Brandford Shank & Co. LLC (lead); Barclays Capital Inc.; Estrada Hinojosa & Co. Inc.; Jackson Securities Inc.; Jefferies & Co.; Melvin & Co.; Morgan Keegan & Co. Inc.; PNC Capital Markets LLC; Ramirez & Co. Inc.; Rice Financial Products Co.; and Toussaint Capital Partners LLC (co-managers); proceeds to make capital improvements at the airport, refund grant anticipation bonds and commercial paper notes and make debt service payments.

• $417.04 million series 2011A passenger facility charge non-AMT revenue bonds

• $43.58 million series 2011B passenger facility charge non-AMT revenue refunding bonds

• $127.065 million series 2011C passenger facility charge AMT revenue refunding bonds

• $411.17 million series 2011A grant receipts and subordinate-lien passenger facility charge revenue 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

HARRIS COUNTY INDUSTRIAL DEVELOPMENT CORP./DEER PARK REFINANCING LPP (TEXAS): $125 million series 2010 revenue bonds (A2/A/); negotiated; J.P. Morgan Securities LLC (lead); Citigroup Global Markets Inc. and Mitsubishi UFJ Securities (co-managers); Dec. 1, 2020; proceeds to purchase equipment to recover flare gas and finance capital projects to reduce flare at the refinery's Houston facility.

HOSPITALS AND HIGHER EDUCATION FACILITIES AUTHORITY OF PHILADELPHIA/CHILDREN'S HOSPITAL OF PHILADELPHIA: $200 million series 2011A hospital revenue bonds (Aa2/AA/); negotiated; J.P. Morgan Securities LLC (lead); Goldman, Sachs & Co. and Wells Fargo Securities LLC (co-managers); proceeds to construct a five-story ambulatory care center at the hospital, as well as make other repairs, renovations and expansions to the hospital.

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

MICHIGAN FINANCE AUTHORITY/SCHOOL DISTRICT OF THE CITY OF DETROIT: $231 million series 2011 state aid revenue notes; negotiated; J.P. Morgan Securities LLC and Siebert Brandford Shank & Co. LLC (lead); 2011A-1 notes due Feb. 20, 2012; 2011A-2 notes due March 20, 2012; proceeds to purchase notes to be issued by the School District of the City of Detroit.

• $75 million series 2011A-1 notes

• $156 million series 2011A-2 notes

NEW HAMPSHIRE HEALTH AND EDUCATION FACILITIES AUTHORITY/CONCORD HOSPITAL: $50 million series 2011 revenue bonds (A2//A); negotiated; George K. Baum & Co. and RBC Capital Markets LLC (lead); bonds due 2011 to 2026; proceeds to construct new buildings on the hospital's campus, upgrade existing lighting and power systems, install a new boiler system, construct two new operating rooms and refund hospital's series 1996 bonds.

OHIO/UNIVERSITY OF DAYTON: $60.805 million series 2011 higher educational facility revenue bonds (A2/A/); negotiated; Morgan Stanley & Co. Inc. (sole); 2011A bonds due 2011 to 2017 with term bond due in 2041; 2011B bonds due July 1, 2016; proceeds to construct, equip, renovate, upgrade and furnish educational facilities at the University of Dayton, as well as refund university's series 2001 bonds.

• $32.805 million series 2011A bonds

• $28 million series 2011B bonds

PUERTO RICO INDUSTRIAL, TOURIST, EDUCATIONAL, MEDICAL AND ENVIRONMENTAL CONTROL FACILITIES FINANCING AUTHORITY/CAPARRA HILLS INC.: $59.035 million series 2011A industrial revenue refunding bonds (//BBB-); negotiated; UBS Financial Services Inc. of Puerto Rico (lead); proceeds to refund previous bonds, the proceeds of which were lent to Caparra Hills Inc., a commercial retail space owner and operator.

SAN BERNARDINO CITY UNIFIED SCHOOL DISTRICT (CALIFORNIA): $53.08 million series 2011A taxable certificates of participation (A3/A-/); negotiated; Cabrera Capital Markets LLC and Siebert Brandford Shank & Co. LLC (lead); proceeds to construct new school buildings and make improvements, including new heating, ventilation and air conditioning systems and site abatement for existing school sites.

SANTA CLARA (CALIFORNIA): $54.865 million series 2011A electric revenue refunding bonds (/A/A); negotiated; Citigroup Global Markets Inc. and Bank of America Merrill Lynch (lead); bonds due 2028 to 2032 with term bond due July 1, 2032; proceeds to refund city's series 2008A 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.

WACO EDUCATION FINANCE CORP./BAYLOR UNIVERSITY (TEXAS): $103.85 million series 2010 tax-exempt revenue and refunding bonds (/AA-/AA-); negotiated; Barclays Capital Inc. and Bank of America Merrill Lynch (lead); bonds due 2011 to 2025 with term bonds due 2032 and 2040; proceeds to finance construction of a new athletic-academic complex on Baylor campus, acquire real property for university, refund university's series 2008B bonds and refinance series A commercial paper.

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