Municipals Calendar: Temple University arranges $120 million deal

Week of March 26

March 27

TEMPLE UNIVERSITY (PENNSYLVANIA): $120 million series 2012 university funding obligations (MIG 1); competitive; Public Financial Management Inc. (financial adviser); bonds due Dec. 12, 2012; proceeds to finance various capital projects and equipment purchases, as well as to refund the university's series 2011 notes; pricing March 27.

March 28

CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT AUTHORITY/J. PAUL GETTY TRUST: $108.94 million series 2012B variable-rate refunding revenue bonds (Aaa/AAA/); negotiated; J.P. Morgan Securities LLC (lead); bonds due Oct. 1, 2047; bonds bear interest at Sifma rate mode; proceeds to refund trust's series 2007A-1, 2007A-2 and 2007A-3 revenue bonds; pricing March 28.

Week of April 2

April 4

VIRGINIA BEACH (VIRGINIA): $85.56 million series 2012 general obligation public improvement bonds (Aaa/AAA/AAA); competitive; Public Resources Advisory Group (financial adviser); proceeds to fund capital improvement projects and refund existing G.O. bonds; pricing April 4.

• $65 million series 2012A G.O. public improvement bonds due 2013 to 2032

• $20.56 million series 2012B G.O. public improvement refunding bonds due 2019 to 2025

On the Horizon

BEVERLY HILLS PUBLIC FINANCING AUTHORITY (CALIFORNIA): $57,555,000 series 2012A lease revenue refunding bonds; negotiated; De La Rosa & Co. Inc. (lead); proceeds to refund authority's series 2007 bonds, which were issued to finance capital improvements and replace city vehicles.

CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY/KAISER PERMANENTE: $1.5 billion series 2012A revenue bonds (/A+/A+); negotiated; Citigroup Global Markets Inc.; Goldman, Sachs & Co.; and J.P. Morgan Securities LLC (lead); proceeds to finance the construction, acquisition, equipment and furnishing of hospitals, health facilities and offices operated by Kaiser.

CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY/KAISER PERMANENTE: revenue bonds; negotiated; Citigroup Global Markets Inc.; Goldman, Sachs & Co.; and J.P. Morgan Securities LLC (lead); proceeds to construct, equip, acquire and furnish hospitals, health facilities and offices operated by Kaiser.

CLEAR CREEK INDEPENDENT SCHOOL DISTRICT (TEXAS): $82.9 million series 2012B unlimited tax refunding bonds (//AA+); negotiated; Wells Fargo Securities LLC (lead); proceeds to refund a portion of the district's outstanding unlimited tax debt for interest savings.

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/FORDHAM UNIVERSITY: up to $50 million fixed-rate tax-exempt bonds; negotiated; Bank of America Merrill Lynch (lead); maturity not to exceed 22 years; proceeds to refund university's series 1998 revenue bonds and 2002 revenue bonds.

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/MANHATTAN COLLEGE: $55 million (maximum); negotiated; proceeds to construct a student commons building and refund the college's series 2000 insured revenue bonds.

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/NEW YORK UNIVERSITY: up to $73,025,000 of fixed- and/or variable-rate taxable bonds; maturity not to exceed 40 years; proceeds to pay all or a part of a line of credit used to construct the NYU Global Center for Academic and Spiritual Life.

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/NORTH SHORE-LONG ISLAND JEWISH HEALTH SYSTEM: up to $79 million of series 2012 tax-exempt bonds; negotiated; Citigroup Global Markets Inc. (lead); proceeds to refund a portion of the health system's series 1998 bonds.

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/TEACHERS COLLEGE: up to $75 million of fixed- and/or variable-rate series 2012 bonds; negotiated; maturity not to exceed 30 years; proceeds to refund authority's MBIA-insured series 2002 bonds, as well as to renovate the college's Bancroft Hall, an eight-story, 108-unit residence hall.

KAISER PERMANENTE (CALIFORNIA): taxable bonds; negotiated; Citigroup Global Markets Inc.; Goldman, Sachs & Co.; and J.P. Morgan Securities LLC (lead); proceeds for general corporate purposes for the health system.

KENTUCKY INFRASTRUCTURE AUTHORITY: $103,445,000 series 2012A wastewater and drinking water revolving fund revenue bonds (Aaa/AAA/AAA); negotiated; Morgan Stanley & Co. LLC (lead); J.B. Hilliard, W.L. Lyons LLC; PNC Capital Markets LLC; Morgan Keegan & Co. Inc.; Stifel, Nicolaus & Co. Inc.; Edward D. Jones & Co. LP; First Kentucky Securities Inc.; Sterne, Agee & Leach Inc.; and Ross, Sinclaire & Associates LLC (co-managers); bonds due 2013 to 2032; proceeds to finance loans to political subdivisions for wastewater and drinking water projects.

MEDICAL CENTER EDUCATIONAL BUILDING CORP./UNIVERSITY OF MISSISSIPPI MEDICAL CENTER FACILITIES EXPANSION AND RENOVATION PROJECT: $103.14 million series 2012 revenue bonds (Aa2/AA-/); negotiated; Morgan Stanley & Co. LLC (lead); RBC Capital Markets LLC, Loop Capital Markets LLC and Ziegler Capital Markets LLC; proceeds to expand, renovate, equip and furnish new and existing medical, educational and research facilities at the medical center.

MINNESOTA HOUSING FINANCE AGENCY: $150.75 million series 2012 residential housing finance bonds; negotiated; RBC Capital Markets LLC (lead); Morgan Stanley & Co. LLC, Piper Jaffray & Co. and Morgan Keegan & Co. Inc. (co-managers); proceeds to finance mortgage loans.

• $50,945,000 series 2012A AMT bonds due 2013 to 2023

• $8.83 million series 2012B non-AMT bonds due July 1, 2024

• $30,975,000 series 2012C non-AMT bonds due July 1, 2027 and Jan. 1, 2029

• $60 million series 2012D non-AMT bonds due Jan. 1, 2031 and July 1, 2041

OLYMPIA SCHOOL DISTRICT NO. 111 (WASHINGTON): $59,865,000 series 2012 unlimited tax general obligation refunding bonds (Aa2/A+/); competitive; D.A. Davidson & Co. (financial adviser); bonds due 2012 to 2023; proceeds to advance refund district's series 2003 and 2005A G.O. bonds.

ORANGE COUNTY (NORTH CAROLINA)/ORANGE COUNTY PUBLIC FACILITIES CO.: $64.35 million series 2012 limited obligation bonds (Aa2/AA/AA+); negotiated; BB&T Capital Markets and Wells Fargo Securities LLC (lead); bonds due 2012 to 2027 with term bond due Oct. 1, 2033; proceeds to prepay financing agreements between the county and Bank of America, NA and Branch Banking and Trust Co.

ORANGE COUNTY SCHOOL BOARD (FLORIDA): $79,295,000 series 2012B certificates of participation (Aa3//AA); negotiated; J.P. Morgan Securities LLC (lead); Citigroup Global Markets Inc.; Loop Capital Markets LLC; Bank of America Merrill Lynch; Jefferies & Co.; Morgan Keegan & Co. Inc.; and Wells Fargo Securities LLC (co-managers); COPs due 2013 to 2014 and 2024 to 2027; proceeds to refund the school board's series 2002A COPs.

PEARLAND INDEPENDENT SCHOOL DISTRICT (TEXAS): $77.44 million series 2012 unlimited tax general obligation refunding bonds (//AAA); negotiated; Samco Capital Markets Inc. (lead); proceeds to refund a portion of the district's currently outstanding obligations.

PERALTA COMMUNITY COLLEGE DISTRICT (CALIFORNIA): $71 million series 2012 general obligation refunding bonds (Aa3/AA-/); negotiated; Barclays Capital Inc. (lead); proceeds to refund district's series 2000B-D G.O. bonds and its series 2000 G.O. refunding bonds.

TUFTS UNIVERSITY (MASSACHUSETTS): $250 million series 2012A taxable bonds; negotiated; Barclays Capital Inc. and J.P. Morgan Securities LLC; bonds due April 15, 2112; proceeds for general corporate needs of the university.

VILLAGE OF ROSEMONT (ILLINOIS): $60 million series 2012A taxable general obligation corporate purpose bonds (Aa3/A/); negotiated; Mesirow Financial Inc. (lead); proceeds to construct roadways, install lighting, and improve public ways for the village's entertainment district.

WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY/MINISTRY HEALTH CARE INC.: $145.17 million series 2012C refunding revenue bonds (/A+/); negotiated; Bank of America Merrill Lynch; proceeds to refund health care system's series 2002A revenue bonds.

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