Municipal Calendar: Georgia plans $1.36 billion G.O. bond sale

Week of June 4

June 7

GEORGIA:

• $1,367,335,000 series 2016 general obligation bonds

• Competitive

• Public Resources Advisory Group (financial adviser)

• Proceeds to finance capital projects and refund existing G.O. bonds

• $717.29 million series 2016A general obligation bonds due 2017 to 2036

• $199.87 million series 2016B taxable general obligation bonds due 2017 to 2036

• $382.19 million series 2016C general obligation refunding bonds due 2017 to 2027

• $67,985,000 series 2016D taxable general obligation refunding bonds due 2017 to 2026

June 8

MARYLAND:

• $1,036,000,000 first series tax-exempt general obligation bonds (Aaa/AAA/AAA)

• Competitive

• Public Financial Management Inc. (financial adviser)

• Bonds due 2019 to 2031

• Proceeds to finance the acquisition and construction of state facilities; capital grants to local governments for public schools, community colleges and jails and correctional facilities; and matching-fund loans and grants to local governments, nonprofit institutions and other entities for hospitals, cultural projects and other projects

NASSAU COUNTY (NEW YORK):

• $307,775,000 series 2016 bonds and notes

• Negotiated/Competitive

• Morgan Stanley & Co. LLC and Siebert Brandford Shank & Co. LLC (lead for 2016C general improvement bonds)

• Public Financial Management Inc. (financial adviser for notes)

• Proceeds to finance capital projects for county

• $147,445,000 series 2016C general improvement bonds (A2/A+/A) due 2018 to 2043

• $5.3 million series 2016B bond anticipation notes (/SP-1+/F1) due June 14, 2017

• $35.03 million series 2016C taxable bond anticipation notes (/SP-1+/F1) due Dec. 15, 2016

• $120 million series 2016A revenue anticipation notes (/SP-1+/F1) due Dec. 7, 2016

June 9

SOUTH BROWARD HOSPITAL DISTRICT/MEMORIAL HEALTH CARE SYSTEM (FLORIDA):

• $168.03 million series 2016 hospital refunding revenue bonds (Aa3/AA)

• Competitive

• Ponder & Co. (financial adviser)

• Bonds due 2017 to 2037

• Proceeds to refund the district’s series 2006 and 2008 revenue and refunding bonds

VENTURA COUNTY (CALIFORNIA):

• $176.69 million series 2016-17 tax and revenue anticipation notes (MIG1/SP-1+)

• Competitive

• Fieldman, Rolapp & Associates (financial adviser)

• Notes due July 1, 2017

• Proceeds to finance capital expenditures

On The Horizon

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/NEW YORK UNIVERSITY:

• $836,695,000 series 2016 revenue bonds (Aa3/AA-)

• Negotiated

• Morgan Stanley & Co. LLC (bookrunner for 2016A), Wells Fargo Securities LLC (bookrunner for 2016B)

• BofA Merrill Lynch, Fidelity Capital Markets Inc., Goldman Sachs & Co. and U.S. Bancorp Investments Inc. (co-managers)

• Proceeds to finance the construction, equipment, acquisition and improvement of the university’s Washington Square campus

• $591,655,000 series 2016A tax-exempt bonds

• $245.04 million series 2016B taxable bonds

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

LOS ANGELES COUNTY (CALIFORNIA):

• $800 million series 2016-17 tax and revenue anticipation notes

• Negotiated

• Wells Fargo Securities LLC and J.P. Morgan Securities LLC (lead)

• Academy Securities Inc., Blaylock Beal Van LLC and U.S. Bancorp Investments Inc. (co-managers)

• Notes due June 30, 2017

• Proceeds to finance capital expenditures and provide cash for the county in the coming fiscal year

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

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