Municipal Calendar: East Bay Municipal Utility plans $442 million water bonds

Week of January 26

KENTUCKY STATE PROPERTY AND BUILDINGS COMMISSION

• $385,155,000 series 2015 revenue bonds (Aa3/A+/)

• Negotiated

• Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC (lead)

• J.J.B. Hilliard, W.L. Lyons LLC, Raymond James/Morgan Keegan, PNC Capital Markets LLC, First Kentucky Securities Corp., Edward D. Jones & Co. LP, Fifth Third Securities and Sterne, Agee & Leach Inc. (co-managers)

• Proceeds to refund commission’s series 2005 Kentucky Asset/Liability Commission project notes

• $128.45 million series 2015A Project No. 108 revenue bonds due 2015 to 2034

• $256,705,000 series 2015B Project No. 108 revenue refunding bonds due 2015 to 2026

• Pricing week of Jan. 26

LONG BEACH UNIFIED SCHOOL DISTRICT (CALIFORNIA)

• $269,996,568.75 election of 2008 series 2015 general obligation bonds (Aa2/AA-/)

• Competitive/Negotiated

• Keygent LLC (financial adviser for 2015D)

• RBC Capital Markets LLC and Raymond James/Morgan Keegan (underwriters for 2015D-1)

• Proceeds to retrofit schools for earthquake safety/handicap accessibility; repair restrooms, plumbing, roofs and fire safety facilities; remove lead paint and asbestos; upgrade vocational classrooms, technology, energy efficiency; expand afterschool programs; reduce overcrowding by acquiring, repairing, constructing, equipping sites, facilities and joint-use buildings

• $180 million election of 2008 series 2015D general obligation bonds

• $89,996,568.75 election of 2008 series 2015D-1 general obligation bonds

• Pricing week of Jan. 26

MEDSTAR HEALTH INC. (MARYLAND)

• $103 million series 2015 revenue bonds (A2/A-/A)

• Negotiated

• J.P. Morgan Securities LLC and BofA Merrill Lynch (lead)

• Citigroup Global Markets Inc., Loop Capital Markets LLC, RBC Capital Markets LLC, U.S. Bancorp Investments Inc. and Wells Fargo Securities LLC (co-managers)

• Bonds due 2016 to 2031

• Proceeds to finance and refinance the acquisition and renovation of ambulatory care facilities and other capital projects

• Pricing week of Jan. 26

NEW CASTLE COUNTY (DELAWARE)

• $186.97 million series 2015 general obligation bonds (Aaa/AAA/AAA)

• Negotiated

• J.P. Morgan Securities LLC (lead)

• BofA Merrill Lynch and M&T Securities Inc. (co-managers)

• Bonds due 2018 to 2035 with term bonds due 2040 and 2045

• Proceeds to finance improve sewer, parks, storm water, landfill, library, public safety and information systems facilities, as well as to refund the county’s series 2007A and 2009A G.O. bonds

• Pricing week of Jan. 26

PALM BEACH COUNTY SCHOOL BOARD (FLORIDA)

• $65.16 million series 2015C certificates of participation (Aa3//AA-)

• Negotiated

• Morgan Stanley & Co. LLC (lead)

• BofA Merrill Lynch, Citigroup Global Markets Inc., J.P. Morgan Securities LLC, RBC Capital Markets LLC and Wells Fargo Securities LLC (co-managers)

• Proceeds to prepay a portion of series 2011A COPs and refund series 2007B COPs

• Pricing week of Jan. 26

POCONO MOUNTAINS INDUSTRIAL PARK AUTHORITY/ST. LUKE’S HOSPITAL (PENNSYLVANIA)

• $75 million series 2015 hospital revenue bonds (A3/A-/)

• Negotiated

• BofA Merrill Lynch and Lancaster Pollard & Co. (lead)

• Proceeds to acquire real property in Stroud Township, Monroe County, Pa., for the construction of SLM Hospital, as well as the equipment and furnishing of the hospital

• Pricing week of Jan. 26

January 28

COLBY COLLEGE (MAINE)

• $100 million series 2015 taxable bonds (Aa2/AA/)

• Negotiated

• Barclays (sole)

• Proceeds for general corporate purposes

• Pricing Jan. 28

EAST BAY MUNICIPAL UTILITY DISTRICT (CALIFORNIA)

• $442 million series 2015A water system revenue refunding bonds (Aa1/AAA/AA+)

• Negotiated

• J.P. Morgan Securities LLC, Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC (lead)

• BofA Merrill Lynch, RBC Capital Markets LLC and U.S. Bancorp Investments Inc. (co-managers)

• Proceeds to refund outstanding district debt

• Pricing Jan. 28

EAST BAY MUNICIPAL UTILITY DISTRICT (CALIFORNIA)

• $70 million series 2015 wastewater system revenue refunding bonds (Aa2/AAA/AA+)

• Negotiated

• Siebert Brandford Shank & Co. LLC (lead)

• Stifel, Nicolaus & Co. Inc. and Wells Fargo Securities LLC (co-managers)

• Proceeds to refund existing wastewater debt

• Pricing Jan. 28

KATY INDEPENDENT SCHOOL DISTRICT (TEXAS)

• $209.51 million series 2015 unlimited tax bonds (Aa1//AA)

• Negotiated

• J.P. Morgan Securities LLC (lead)

• George K. Baum & co., Edward D. Jones & Co. LP, Fidelity Capital Markets LLC, BOSC Inc., Goldman, Sachs & Co. and Oppenheimer & Co. (co-managers)

• Proceeds to finance the construction of school buildings in the district and to refund existing district debt

• $151,975,000 series 2015A school building bonds due 2015 to 2036

• $57,535,000 series 2015B refunding bonds due 2015 to 2036

• Pricing Jan. 28

SAN FRANCISCO CITY AND COUNTY (CALIFORNIA)

• $289.21 million series 2015-R1 general obligation refunding bonds (Aa1/AA+/AA)

• Competitive

• Kitahata & Co. and Montague DeRose and Associates (financial advisers)

• Bonds due 2015 to 2030

• Proceeds to refund the city and county’s series 2006R-1, 2006R-2, 2008A-B, 2008R-3, 2009A and 2010E G.O. bonds

• Pricing Jan. 28

UNIVERSITY OF ILLINOIS

• $96.55 million series 2015A auxiliary facilities system refunding revenue bonds (Aa3/AA-/)

• Competitive

• Public Financial Management Inc. (financial adviser)

• Bonds due 2016 to 2038

• Proceeds to refund existing bonds

• Pricing Jan. 28

January 29

TEMECULA VALLEY UNIFIED SCHOOL DISTRICT FINANCING AUTHORITY (CALIFORNIA)

• $56,235,000 series 2015 special tax revenue bonds (/BBB/)

• Negotiated

• Stifel, Nicolaus & Co. Inc. (sole)

• Bonds due 2015 to 2023 with term bond due in 2040

• Proceeds to finance projects for eligible school facilities

• Pricing Jan. 29

TULSA (OKLAHOMA)

• $70 million series 2015 general obligation bonds

• Competitive

• Bonds due 2017 to 2040

• Proceeds to finance street and bridge replacements and improvements

• Pricing Jan. 29

Week of February 2

WACO (TEXAS)

• $90.36 million series 2015 general obligation refunding bond and certificates of obligation (/AA/)

• Negotiated

• RBC Capital Markets LLC (lead)

• Citigroup Global Markets Inc. and Raymond James/Morgan Keegan (co-managers)

• Proceeds to refund city’s series 2006 certificates, 2007 certificates and 2007 G.O. bonds.

• Pricing week of Feb. 2

• $78.09 million series 2015 general obligation refunding bonds due 2016 to 2036

• $12.27 million series 2015 combination tax and revenue certificates of obligation due 2016 to 2035

February 3

NEVADA SYSTEM OF HIGHER EDUCATION

• $68.38 million series 2015 universities revenue bonds

• Competitive

• JNA Consulting Group LLC (financial adviser)

• Proceeds to construct or acquire capital facilities for the University of Nevada at Reno and the University of Nevada at Las Vegas

• Pricing Feb. 3

• $60,825,000 series 2015A bonds due 2019 to 2035

• $7,555,000 series 2015B taxable bonds due 2017 to 2026

VIRGINIA PUBLIC SCHOOL AUTHORITY

• $458,675,000 series 2015A school financing refunding bonds (Aa1//AA+)

• Competitive

• Davenport & Co. LLC (financial adviser)

• Bonds due 2015 to 2037

• Proceeds to refund authority’s series 2006A-B, 2007A-B, 2008A-B and 2009B school financing bonds

• Pricing Feb. 3

On The Horizon

ALASKA HOUSING FINANCE CORP.

• $108.68 million series 2015A state capital projects bonds II (/AA+/AA+)

• Negotiated

• KeyBanc Capital Markets Inc. and BofA Merrill Lynch (lead)

• Citigroup Global Markets Inc., Goldman, Sachs & Co., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC (co-managers)

• Bonds due 2016 to 2024 with term bonds 2025, 2026, 2027, 2028, 2029 and 2030

• Proceeds to finance capital projects for the state

INDIANA BOND BANK

• $77,105,000 series 2015A advance funding program notes (/SP-1/)

• Negotiated

• J.P. Morgan Securities LLC (lead)

• Notes due Jan. 5, 2016

• Proceeds to finance capital projects for qualified political subdivisions

INDIANA FINANCE AUTHORITY

• $155,825,000 series 2015A first lien wastewater utility revenue bonds (/AA/A)

• Negotiated

• J.P. Morgan Securities LLC (lead)

• Morgan Stanley & Co. LLC, City Securities Corp. and Wells Fargo Securities LLC (co-managers)

• Proceeds to finance improvements to wastewater facilities and repay draws made on a line of credit

LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES AND COMMUNITY DEVELOPMENT AUTHORITY/ST. JAMES PLACE AT BATON ROUGE

• $62.5 million series 2015 health care facilities revenue refunding bonds

• Negotiated

• Ziegler and Co. Inc. (sole)

• Proceeds to refund authority’s series 2007 revenue bonds and terminate a related swap agreement

• $59,955,000 series 2015A bonds

• $2,545,000 series 2015B bonds

MARYLAND HEALTH AND HIGHER EDUCATION FACILITIES AUTHORITY/MEDSTAR HEALTH INC.

• $230.35 million series 2015 revenue bonds (A2/A-/A)

• Negotiated

• J.P. Morgan Securities LLC and BofA Merrill Lynch (lead)

• Citigroup Global Markets Inc., Loop Capital Markets LLC, RBC Capital Markets LLC, U.S. Bancorp Investments Inc. and Wells Fargo Securities LLC (co-managers)

• Proceeds to refund the system’s series 1998B-C, 2004 and 2007 revenue bonds

MISSISSIPPI

• $701,615,000 series 2015 general obligation bonds (Aa2/AA/AA+)

• Negotiated

• Proceeds to finance a variety of capital projects, including park and open space facilities; acquisitions and improvements to the Mississippi Civil Rights Museum and the Museum of Mississippi History; renovations to Jackson State University, Mississippi State University, Mississippi Valley State University, University of Mississippi Medical Center, University of Southern Mississippi and Holmes Community College; as well as to refund the state’s series 2006D, 2007B, 2008A-B, 2009E and 2011A G.O. bonds

• $157.23 million series 2015A tax-exempt bonds due 2026 to 2035 with Raymond James/Morgan Keegan and Morgan Stanley & Co. LLC as lead managers, Citigroup Global Markets Inc. as co-manager

• $128.95 million series 2015B taxable bonds due 2015 to 2026 with BofA Merrill Lynch and Jefferies & Co. as lead managers, Duncan-Williams Inc. as co-manager

• $247 million series 2015C tax-exempt refunding bonds due 2018 to 2028 with J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC as lead managers, Raymond James/Morgan Keegan and Duncan-Williams Inc. as co-managers

• $168,435,000 series 2015D taxable refunding bonds due 2015 to 2035 with RBC Capital Markets LLC and Piper Jaffray & Co. as lead managers, Citigroup Global Markets Inc. as co-manager

NEW YORK-PRESBYTERIAN HOSPITAL (NEW YORK)

• $750 million series 2015 taxable bonds (Aa3//AA)

• Negotiated

• Goldman, Sachs & Co. (sole)

• Proceeds for eligible corporate purposes

OHIO

• $189.66 million series 2015 general obligation bonds (Aa1/AA+/AA+)

• Competitive

• Acacia Financial Group Inc. (financial adviser)

• Proceeds to refund existing G.O. debt

• Pricing week of Jan. 5

• $74.31 million series 2015A common schools refunding G.O. bonds due 2015 and 2024 to 2026

• $28.98 million series 2015A higher education refunding G.O. bonds due 2020 to 2025

• $74,365,000 series 2015A infrastructure improvement refunding G.O. bonds due 2020 to 2025

• $12,005,000 series 2015A conservation project refunding G.O. bonds due 2020 to 2022

PALM BEACH COUNTY SCHOOL BOARD (FLORIDA)

• $224,515,000 series 2015D certificates of participation (Aa3//AA-)

• Negotiated

• J.P. Morgan Securities LLC (lead)

• BofA Merrill Lynch, Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, RBC Capital Markets LLC and Wells Fargo Securities LLC (co-managers)

• Bonds due 2015 and 2018 to 2032

• Proceeds to prepay a portion of series 2011A COPs and refund series 2007B COPs

PENNSYLVANIA

• $1 billion first series of 2015 general obligation bonds

• Competitive

• Public Financial Management Inc. (financial adviser)

• Bonds due 2016 to 2035

• Proceeds to finance capital projects

TAMPA BAY REGIONAL WATER AUTHORITY (FLORIDA)

• $264.22 million series 2015 utility system refunding revenue bonds (Aa1/AA+/AA+)

• Negotiated

• Citigroup Global Markets Inc. (lead for 2015A), Raymond James/Morgan Keegan (lead for 2015B)

• BofA Merrill Lynch, Morgan Stanley & Co. LLC, Raymond James/Morgan Keegan, Wells Fargo Securities LLC (co-managers for 2015A), BofA Merrill Lynch, Citigroup Global Markets Inc., Morgan Stanley & Co. LLC and Wells Fargo Securities LLC (co-managers for 2015B)

• $167,945,000 series 2015A bonds due 2025 to 2036

• $96,275,000 series 2015B bonds due 2015 to 2031

• Proceeds to refund the authority’s series 2006 and 2011A-B revenue bonds

TARRANT REGIONAL WATER DISTRICT (TEXAS)

• $160,115,000 series 2015 water revenue refunding bonds (/AAA/AA+)

• Negotiated

• Citigroup Global Markets Inc. (lead)

• J.P. Morgan Securities LLC, Ramirez & Co. Inc. and RBC Capital Markets LLC (co-managers)

• Bonds due 2016 to 2029

• Proceeds to refund district’s series 2006 water revenue bonds

UNIVERSITY OF COLORADO HOSPITAL AUTHORITY

• $265,955,000 series 2015 revenue and refunding bonds (Aa3/P-1/AA-/A-1+/AA-/F1+)

• Negotiated

• Citigroup Global Markets Inc. (lead)

• $151.52 million series 2015A bonds due Nov. 15, 2046

• $57.49 million series 2015B bonds due Nov. 15, 2039

• $56,945,000 series 2015C bonds due Nov. 15, 2024

• Proceeds to construct a two-story addition to the Poudre Valley Hospital, the build-out of an inpatient tower at Anschutz Inpatient Pavilion at the UCHealth Anschutz campus, renovation of facilities at Memorial Central and other improvements, as well as to refund the authority’s series 2005F and 2006A revenue bonds

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