Municipal Calendar: Dallas Area Rapid Transit offers $482.53 million bonds

Week of February 1

DALLAS AREA RAPID TRANSIT (TEXAS):

• $482.53 million series 2016A senior lien sales tax refunding bonds (Aa2/AA+)

• Negotiated

• Morgan Stanley & Co. LLC (lead)

• Citigroup Global Markets Inc., Loop Capital Markets LLC, Piper Jaffray & Co., Drexel Hamilton LLC, Jefferies & Co., Ramirez & Co. Inc., Rice Financial Products Co., Samco Capital Markets Inc., Siebert Brandford Shank & Co. LLC, Stern Brothers & Co., Stifel, Nicolaus & Co. Inc. and Williams Capital Group LP (co-managers)

• Proceeds to refund existing revenue bonds

SAN DIEGO REGIONAL BUILDING AUTHORITY (CALIFORNIA):

• $108.15 million series 2016A lease revenue refunding bonds

• Negotiated

• Barclays (lead)

• BofA Merrill Lynch and Fidelity Capital Markets (co-managers)

• Bonds due 2016 to 2035

• Proceeds to refund the authority’s series 2009A lease revenue bonds

Week of February 8

February 9

WASHINGTON:

• $522,105,000 series 2016 general obligation bonds (Aa1/AA+/AA+)

• Competitive

• Montague De Rose & Associates and Piper Jaffray & Co. (financial advisers)

• Proceeds to finance K-12 school renewal and replacement projects, facilities for state universities and community and technical colleges, state facilities projects, outdoor recreation facilities, state water supply development, flood mitigation and prevention, habitat conservation and farmland and riparian protection projects, as well as to fund high-occupancy vehicle projects in Pierce County, widen Interstate 405, improve Interstate 90 at the Snoqualmie Pass East, improve and realign to the North Spokane Corridor of U.S. 395 and improve Interstate 5 in Cowlitz and Lewis counties

• $321.58 million series 2016C various purpose G.O. bonds due 2017 to 2041

• $200,525,000 series 2016D motor vehicle fuel tax G.O. bonds due 2017 to 2041

Week of February 15

February 18

DAVIS SCHOOL DISTRICT (UTAH):

• $68.5 million series 2016 general obligation bonds (Aa2)

• Competitive

• Zions Public Finance Inc. (financial adviser)

• Bonds due 2017 and 2019 to 2036

• Proceeds to finance the construction, equipment and improvement of schools in the district

On The Horizon

CLEVELAND (OHIO):

• $150,495,000 series 2016 airport system revenue bonds (Baa1/A-/BBB+)

• Negotiated

• Stifel, Nicolaus & Co. Inc. and J.P. Morgan Securities LLC (lead)

• BofA Merrill Lynch, Estrada Hinojosa & Co. Inc., IFS Securities Inc., Loop Capital Markets LLC and The Williams Capital Group LP (co-managers)

• Proceeds to refund the city’s series 2000A and 2006A airport system revenue bonds

• $112.86 million series 2016A non-AMT revenue bonds due 2018 to 2031

• $37,635,000 series 2016B non-AMT forward delivery bonds due 2022 to 2024

CONNECTICUT HOUSING FINANCE AUTHORITY:

• $145 million housing mortgage finance program bonds (Aaa/AAA)

• Negotiated

• BofA Merrill Lynch; J.P. Morgan Securities LLC; Morgan Stanley & Co. LLC; RBC Capital Markets, LLC; Barclays; Citigroup Global Markets Inc.; Drexel Hamilton, LLC; Fidelity Capital Markets; Janney Montgomery Scott; Ramirez & Co., Inc.; Raymond James; Rice Financial Products Co.; Roosevelt & Cross Inc. and Wells Fargo Securities, LLC

• Proceeds to finance mortgage loans

• $100,455,000 series 2016A-1 bonds due 2026, 2030, 2035, 2040 and 2045

• $44,545,000 series 2016A-2 AMT bonds due 2016 to 2026

FLORIDA DEVELOPMENT FINANCE CORP.:

• $1.75 billion series 2015A-B All-Aboard Florida Passenger Rail project surface transportation facilities revenue bonds

• Negotiated

• BofA Merrill Lynch (lead)

• Proceeds to finance a commuter rail linking Miami with Orlando International Airport

FLORIDA STATE BOARD OF ADMINISTRATION FINANCE CORP.:

• $1.2 billion series 2016A revenue bonds (Aa3/AA/AA)

• Negotiated

• J.P. Morgan Securities LLC (lead)

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

• Proceeds to provide cash to the Florida Hurricane Catastrophe Fund for insurance claims and to refund existing bonds

GUAM WATERWORKS AUTHORITY:

• $143.31 million series 2016 water and wastewater system revenue bonds (Baa2/A-/BBB-)

• Negotiated

• Citigroup Global Markets Inc. and Barclays (lead)

• Bonds due 2020 to 2036 with term bonds due 2041 and 2046

• Proceeds to fund capital improvements to the government’s water and wastewater systems

HOUSTON (TEXAS):

• $800 million series 2016B combined utility system first-lien revenue and refunding bonds (Aa2//AA)

• Negotiated

• Wells Fargo Securities LLC (lead)

• Proceeds to help pay the costs to construct, improve or repair the water and sewer system; refund all or a portion of outstanding series B combined utility system commercial paper notes; refund a portion of outstanding combined utility system first lien revenue bonds

INDIANA MUNICIPAL POWER AGENCY:

• $146.33 million series 2016C power supply system refunding revenue bonds

• Negotiated

• Citigroup Global Markets Inc. (lead)

• Barclays, BofA Merrill Lynch, City Securities Corp., Goldman Sachs & Co., J.P. Morgan Securities LLC, PNC Capital Markets LLC and U.S. Bancorp Investments Inc. (co-managers)

• Bonds due 2020 to 2036 with term bond due 2039

• Proceeds to refund the agency’s series 2009A-B revenue bonds

METROPOLITAN TRANSPORTATION AUTHORITY (NEW YORK):

• $500 million series 2016A transportation revenue green bonds (A1/AA-/A)

• Negotiated

• Ramirez & Co. Inc. (lead)

• Drexel Hamilton LLC and Stern Brothers & Co. (co-senior managers)

• BofA Merrill Lynch, Citigroup Global Markets Inc., Goldman Sachs & Co., Jefferies & Co., J.P. Morgan Securities LLC, Loop Capital Markets LLC, Morgan Stanley & Co. LLC, RBC Capital Markets LLC, Siebert Brandford Shank & Co. LLC, Wells Fargo Securities LLC, Academy Securities Inc., Barclays, BNY Mellon Capital Markets LLC, Cabrera Capital Markets Inc., Duncan-Williams Inc., Estrada Hinojosa & Co. Inc., Fidelity Capital Markets Inc., Janney Montgomery Scott LLC, KeyBanc Capital Markets Inc., M&T Securities Inc., Mesirow Financial Inc., Oppenheimer & Co., Piper Jaffray & Co., PNC Capital Markets LLC, Raymond James/Morgan Keegan, Rice Financial Products Co., Roosevelt & Cross Inc., Stifel Nicolaus & Co. LLC, TD Securities (USA) LLC, U.S. Bancorp Investments Inc. and Williams Capital Group LP (co-managers)

• Proceeds to retire the authority’s series 2015A bond anticipation notes, which were issued to finance commuter projects

OHIO/UNIVERSITY HOSPITALS HEALTH SYSTEM INC.:

• $170 million series 2016A hospital revenue bonds (A2/A)

• Negotiated

• BofA Merrill Lynch and Barclays (lead)

• Morgan Stanley & Co. LLC (co-manager)

• Proceeds to refund health system’s series 2007A revenue bonds

PARTNERS HEALTHCARE SYSTEM (MASSACHUSETTS):

• $100 million series 2016 taxable bonds (Aa3/AA-/AA)

• Negotiated

• J.P. Morgan Securities LLC (lead)

• BofA Merrill Lynch, Barclays, Jefferies & Co., TD Securities (USA) LLC and Wells Fargo Securities LLC (co-managers)

• Proceeds for general corporate purposes

UTAH:

• $93,695,000 series 2016 state facilities master lease program lease revenue bonds

• Competitive

• Zion Public Finance Inc. (financial adviser)

• Bonds due 2018 to 2028

• Proceeds to acquire, construct, improve or renovate one or more projects on behalf of the state

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