Municipals Calendar: California to sell $2.6 billion of bonds

WEEK OF SEPTEMBER 19

CALIFORNIA: $2.6 billion general obligation bonds (A1/A-/A-); negotiated; Bank of America Merrill Lynch and Stone & Youngberg (lead); Southwest Securities Inc.; Alamo Capital Inc.; Backstrom McCarley Berry & Co. LLC; Barclays Capital Inc.; BMO Capital Markets GKST Inc.; Cabrera Capital Markets LLC; Citigroup Global Markets Inc.; De La Rosa & Co. Inc.; Edward D. Jones & Co. LP; Fidelity Capital Markets LLC; Goldman, Sachs & Co.; Greencoast Capital Partners LLC; Hutchinson Shockey Erley & Co. LLC; J.P. Morgan Securities LLC; Jackson Securities; Jefferies & Co.; Morgan Keegan & Co. Inc.; Morgan Stanley & Co. LLC; O'Connor & Co. Securities; Ramirez & Co. Inc.; Raymond James & Associates Inc.; RBC Capital Markets LLC; RH Investment Corp.; Siebert Brandford Shank & Co. LLC; SL Hare Capital Inc.; Sterne Brothers & Co.; Sterne, Agee, Leach & Co.; US Bancorp; Wedbush Securities Inc.; and Wells Fargo Securities LLC (co-managers); proceeds to retire outstanding commercial paper notes and refund existing debt; pricing week of Sept. 19.

CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY/CHAPMAN UNIVERSITY: $100 million series 2011 revenue bonds (A2); negotiated; Wells Fargo Securities LLC (lead); bonds due 2012 to 2026 with term bonds due in 2031; proceeds to finance construction, acquisition, equipment, furnishing, expansion, rehabilitation and renovation of educational facilities at the university and refund debt; pricing week of Sept. 19.

CHICAGO PARK DISTRICT (ILLINOIS): $178 million series 2011 general obligation bonds (Aa2/AA+/AAA); negotiated; William Blair & Co. Inc. and Morgan Stanley & Co. LLC (lead); BMO Capital Markets LLC, North South Capital LLC and Siebert Brandford Shank & Co. LLC (co-managers); proceeds to finance costs associated with building, maintaining and repairing city's parks, as well as redeeming all or a portion of the district's series 2001A and 2001C general obligation bonds; pricing week of Sept. 19.

• $40 million series 2011A limited tax park bonds

• $25 million series 2011B limited tax refunding bonds

• $82 million series 2011C unlimited tax refunding bonds

• $31 million series 2011D unlimited tax refunding bonds

CLEVELAND (OHIO): $82.66 million series 2011W water revenue bonds (Aa1/AA/); negotiated; Loop Capital Markets LLC (lead); Citigroup Global Markets Inc., Fifth Third Securities Inc., Janney Montgomery Scott LLC, PNC Capital Markets LLC and Sterne, Agee & Leach Inc. (co-managers); bonds due 2013 to 2026; proceeds to refund existing water revenue bonds; pricing week of Sept. 19.

CONNECTICUT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY/HARTFORD HEALTHCARE INC.: $260 million series A revenue bonds (A2/A/A); negotiated; Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC (lead); Bank of America Merrill Lynch and J.P. Morgan Securities LLC (co-managers); proceeds to finance or refinance improvements and expansions to Hartford Healthcare facilities, as well as to refund existing debt; pricing week of Sept. 19.

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/YESHIVA UNIVERSITY: $90 million series 2011A revenue bonds (A2/AA-/); negotiated; Morgan Stanley & Co. LLC and Barclays Capital Inc. (lead); Goldman, Sachs & Co., J.P. Morgan Securities LLC and Ramirez & Co. Inc. (co-managers); proceeds to construct, renovate, repair and improve existing facilities at campuses in the Bronx and Manhattan, as well as to refund existing debt; pricing week of Sept. 19.

HOUSTON COMMUNITY COLLEGE SYSTEM (TEXAS): $110 million series 2011 limited tax refunding bonds (Aa1/AA+/); negotiated; Jefferies & Co. (lead); J.P. Morgan Securities LLC, Morgan Keegan & Co. and Rice Financial Products Co. (co-managers); bonds due 2014 to 2028; proceeds to refund the system's series 2003 limited tax bonds and series 2005 limited tax building and refunding bonds; pricing week of Sept. 19.

JEFFERSON PARISH HOSPITAL DISTRICT NO. 1 (LOUISIANA): $123.71 million series 2011A hospital revenue and refunding bonds (Baa2/BBB/); negotiated; J.P. Morgan Securities LLC and Sinsung Securities Corp. (lead); proceeds to construct and furnish certain hospital facilities within the district, as well as to refund existing debt and terminate a swap agreement; pricing week of Sept. 19.

MEMPHIS CITY CENTER REVENUE FINANCE CORP. (TENNESSEE): $97.035 million series 2011 Pyramid and Pinch District redevelopment project revenue bonds; negotiated; Morgan Keegan & Co. Inc. and Citigroup Global Markets Inc. (lead); Duncan-Williams Inc., Harvestons Securities Inc. and SunTrust Robinson Humphrey LLC (co-managers); proceeds to redevelop an area of the city called the Pyramid Arena into retail and commercial space; pricing week of Sept. 19.

• $40.535 million series 2011A taxable senior revenue bonds

• $97.035 million series 2011B tax-exempt subordinate revenue bonds

• $55.32 million series 2011C taxable subordinate revenue bonds

METROPOLITAN WASHINGTON AIRPORTS AUTHORITY (DISTRICT OF COLUMBIA): $191.99 million series 2011 airport system refunding revenue bonds (Aa3/AA-/AA-); negotiated; J.P. Morgan Securities LLC (lead); Bank of America Merrill Lynch, Barclays Capital Inc., Citigroup Global Markets Inc., Loop Capital Markets LLC, Morgan Keegan & Co. Inc., Morgan Stanley & Co. LLC, Siebert Brandford Shank & Co. LLC and Wells Fargo Securities LLC (co-managers); proceeds to refund all or a portion of the authority's series 1998B and 2001A-B airport system revenue bonds; pricing week of Sept. 19.

• $133.685 million series 2011C AMT refunding bonds

• $9.42 million series 2011D non-AMT refunding bonds

• $48.885 million series 2011E taxable bonds

POWER AUTHORITY OF THE STATE OF NEW YORK: $110.21 million series 2011A revenue bonds; negotiated; Ramirez & Co. Inc. (lead); Barclays Capital Inc.; Citigroup Global Markets Inc.; Loop Capital Markets LLC; Morgan Stanley & Co. LLC; Wells Fargo Securities LLC; Bank of America Merrill Lynch; Goldman, Sachs & Co.; J.P. Morgan Securities LLC; M.R. Beal & Co. Inc.; and Siebert Brandford Shank & Co. LLC (co-managers); bonds due 2014 to 2031 with term bonds due in 2036 and 2040; proceeds to refund authority's series 2000A and 2002A revenue bonds; pricing week of Sept. 19.

PUBLIC UTILITY DISTRICT NO. 2 OF GRANT COUNTY (WASHINGTON): $158.53 million series 2011-I electric system revenue and refunding bonds (Aa3/AA-/AA); negotiated; Citigroup Global Markets Inc. and J.P. Morgan Securities LLC (lead); bonds due 2012 to 2024; proceeds to make capital improvements, including various transmission, distribution and general plant projects, as well as refund district's series 2001 revenue bonds; pricing week of Sept. 19.

SACRAMENTO COUNTY (CALIFORNIA): $245.66 million series 2011 taxable pension obligation bonds (A3/BBB+/A-); negotiated; J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC (lead); proceeds to refund county's series 1995A-B and 2009 taxable pension obligations; pricing week of Sept. 19.

• $176.68 million series 2011A bonds

• $68.98 million series 2011B bonds

WISCONSIN: $250 million series 2011-2 general obligation refunding bonds; negotiated; Jefferies & Co. and Siebert Brandford Shank & Co. LLC (lead); Baird & Co. Inc., Barclays Capital Inc., J.P. Morgan Securities LLC and Ramirez & Co. Inc. (co-managers); bonds due 2013 to 2024; proceeds to current and advance refund existing G.O. bonds; pricing week of Sept. 19.

SEPTEMBER 20

RIVERSIDE UNIFIED SCHOOL DISTRICT (CALIFORNIA): $50.575 million series 2011 general obligation refunding bonds (Aa2/A+/); competitive; Fieldman, Rolapp & Associates (financial adviser); bonds due 2012 to 2027; proceeds to refund series 2001A G.O. bonds; pricing Sept. 20.

SEPTEMBER 21

MASSACHUSETTS: $475 million series 2011D consolidated loan general obligation bonds (Aa1); competitive; Public Resources Advisory Group LLC (financial adviser); bonds due 2012 to 2028; proceeds to finance portions of the commonwealth's capital plan; pricing Sept. 21.

MIAMI-DADE COUNTY (FLORIDA): $92.405 million series 2011 public service tax revenue refunding bonds (Aa3//AA); competitive; Public Financial Management Inc. (financial adviser); proceeds to refund county's series 1999 and 2002 revenue bonds; pricing Sept. 21.

OHIO: $300 million series 2011B common schools general obligation bonds; competitive; Acacia Financial Group Inc. (financial adviser); bonds due 2012 to 2031; proceeds to pay for capital facilities at common schools throughout the state; pricing Sept. 21.

PALM BEACH COUNTY SCHOOL DISTRICT (FLORIDA): $115 million series 2011 tax anticipation notes (MIG 1); competitive; Public Financial Management Inc. (financial adviser); notes due Jan. 26, 2012; proceeds to finance operating expenses for the 2011-2012 fiscal year ahead of the collection of ad valorem taxes; pricing Sept. 21.

WEEK OF SEPTEMBER 26

SEPTEMBER 27

ARIZONA TRANSPORTATION BOARD: $164.475 million series 2011 transportation excise tax revenue bonds (Aa1/AA+/); competitive; RBC Capital Markets LLC (financial adviser); bonds due 2012 to 2025; proceeds to fund costs of designing, purchasing rights-of-way and constructing certain freeways and other routes in Maricopa County, Ariz.; pricing Sept. 27.

FORT WORTH (TEXAS): $78.325 million series 2011 drainage utility system revenue bonds (/AA+/AA+); competitive; First Southwest Co. (financial adviser); bonds due 2012 to 2036; proceeds to fund various drainage and erosion projects; pricing Sept. 27.

SEPTEMBER 28

MARYLAND DEPARTMENT OF TRANSPORTATION: $170.395 million series 2011 consolidated transportation refunding bonds; competitive; Public Financial Management Inc. (financial adviser); bonds due 2015 to 2019; proceeds to refund certain maturities of series 2004 consolidated transportation bonds; pricing Sept. 28.

SEPTEMBER 29

BERKELEY UNIFIED SCHOOL DISTRICT (CALIFORNIA): $59.865 million series 2011 general obligation refunding bonds (/AA-/); competitive; KNN Public Finance (financial adviser); bonds due 2012 to 2027; proceeds to refund district's series 2000, 2003 and 2004 G.O. bonds; pricing Sept. 29.

SEPTEMBER

PHILADELPHIA: $200 million series 2011-12 tax and revenue anticipation notes; competitive; proceeds to fund routine cash flow needs ahead of the collection of taxes and revenues; pricing in September.

PHILADELPHIA: $166 million series 2011 water and wastewater revenue and refunding bonds; proceeds to refund existing bonds and finance new money capital projects; pricing in September.

OCTOBER

CALIFORNIA STATE PUBLIC WORKS BOARD: $450 million series 2011 tax-exempt lease revenue bonds; pricing in October.

NOVEMBER

CALIFORNIA STATE PUBLIC WORKS BOARD: $100 million series 2011 taxable lease revenue bonds; pricing in November.

CALIFORNIA STATE PUBLIC WORKS BOARD: $176 million taxable and tax-exempt bonds; pricing in November.

DAY-TO-DAY

FLORIDA BOARD OF EDUCATION: $290 million series 2011D public education capital outlay refunding bonds; competitive; proceeds to refund existing PECO bonds; pricing day-to-day.

FLORIDA/FLORIDA DEPARTMENT OF ENVIRONMENTAL PROTECTION: $169.945 million series 2011B Florida Forever revenue refunding bonds (A1/AA-/A); competitive; bonds due 2013 to 2022; proceeds to refund state's series 2002A-B Florida Forever revenue bonds; pricing day-to-day.

ON THE HORIZON

ABAG FINANCE AUTHORITY FOR NONPROFIT CORPORATIONS/EPISCOPAL SENIOR COMMUNITIES (CALIFORNIA): $62.19 million series 2011 revenue refunding bonds (/BBB+/); negotiated; Ziegler Capital Markets LLC (lead); bonds due 2012 to 2022 with term bonds due 2026, 2031 and 2041; proceeds to finance capital improvements to senior living facilities operated by Episcopal Senior Communities, as well as to refund existing certificates of participation.

ALACHUA COUNTY HEALTH FACILITIES AUTHORITY (FLORIDA): $145.27 million of health facilities revenue bonds; negotiated; Ziegler Capital Markets (lead); proceeds for the construction, development, acquisition of land and equipping of a continuing care retirement community in Bonita Springs, Fla.

• $81.27 million series 2011A fixed-rate bonds

• $3 million series 2011B accelerated redemption reset option securities

• $15 million of series 2011C1 mandatory paydown securities

• $46 million of series 2011C2 mandatory paydown securities

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/NORTH SHORE-LONG ISLAND JEWISH OBLIGATED GROUP: $401.99 million series 2011A revenue bonds; negotiated; Citigroup Global Markets Inc. (lead); Morgan Stanley & Co. LLC; Bank of America Merrill Lynch; Blaylock Robert Van LLC; Fidelity Capital Markets Services Inc.; J.P. Morgan Securities LLC; Lebenthal & Co. LLC; M.R. Beal & Co.; Raymond James & Associates Inc.; Rice Financial Products Co.; Roosevelt & Cross Inc.; TD Securities (USA) LLC; and Wells Fargo Securities LLC (co-managers); proceeds to construct addition at Zucker Hillside Hospital to replace 115 beds; construct a parking facility at Huntington Hospital; refund the obligated group's series 2001A, 2001B and 2001D debt issued through the Nassau County Industrial Development Authority; and refund bonds issued on behalf of Franklin Hospital, Southside Hospital, Staten Island University Hospital, Huntington Hospital and Lenox Hospital.

INDIANA FINANCE AUTHORITY: $67.535 million series 2011 facilities revenue refunding bonds; negotiated; City Securities Corp. (lead); Bank of America Merrill Lynch, Fidelity Capital Markets LLC, Morgan Keegan & Co. Inc. and Raymond James & Associates Inc. (co-managers); proceeds to refund the series 2002A and 2004B revenue bonds issued for the New Castle Correctional Facility, the 2003A and 2004C bonds issue for the Indiana State Museum, the 2003B bonds issued for the Evansville State Hospital, the 2004D bonds issued for the Logansville State Hospital and the 2004E bonds issued for the Southeast Regional Treatment Center; pricing week of Aug. 29.

• $21.115 million series 2011A New Castle Correctional Facility bonds due 2013 and 2020 to 2022

• $19.27 million series 2011B Indiana State Museum Facility bonds due 2012 to 2023

• $20.18 million series 2011C Evansville State Hospital Facility bonds due 2012 to 2024

• $1.615 million series 2011D Logansville State Hospital Facility bonds due 2012 to 2016

• $5.355 million series 2011E Southeast Regional Treatment Center Facility bonds due 2012 to 2017

MESA (ARIZONA): $77.835 million series 2011A highway project advancement notes (Aa3/AA+/); negotiated; J.P. Morgan Securities LLC (lead); RBC Capital Markets LLC (co-manager); bonds due 2017 to 2021; proceeds to construct initial phase of State Route 24 in Mesa.

METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY (TENNESSEE): $96.45 million series 2011 general obligation refunding bonds (Aa1/AA/); negotiated; J.P. Morgan Securities LLC (lead); Jefferies & Co., Mesirow Financial Inc., Morgan Keegan & Co. Inc., Fifth Third Securities Inc., Loop Capital Markets LLC, Morgan Stanley & Co. Inc., Raymond James & Associates Inc. and Wiley Bros.-Aintree Capital LLC (co-managers); bonds due 2012 to 2023; proceeds to refund government's series 2001B, 2005A, 2005C, 2006B, 2007A and 2008 G.O. bonds.

NEW HAMPSHIRE HEALTH AND EDUCATION FACILITIES AUTHORITY: $135.4 million series 2011 adjustable-rate education loan revenue bonds (/AA-/A-1+/AA/F1+); negotiated; RBC Capital Markets LLC (sole); bonds due Dec. 1, 2032; proceeds to make loans to qualified educational entities within the state.

• $125.4 million series 2011A taxable bonds

• $10 million series 2011B tax-exempt bonds

ORLANDO-ORANGE COUNTY EXPRESSWAY AUTHORITY (FLORIDA): $290 million series 2011A refunding revenue bonds (//A); negotiated; Wells Fargo Securities LLC (lead); Bank of America Merrill Lynch, Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Loop Capital Markets LLC, Raymond James &

Associates Inc., Barclays Capital Inc., Goldman, Sachs & Co., Morgan Stanley & Co. Inc. and RBC Capital Markets LLC (co-managers); proceeds to refund authority's series 2008B-1 and 2008B-2 bonds.

PORT AUTHORITY OF NEW YORK AND NEW JERSEY: $1 billion 168th series consolidated bonds; negotiated; Citigroup Global Markets Inc. (lead); BB&T Capital Markets, Bank of America Merrill Lynch, Drexel Hamilton LLC, Jackson Securities LLC, J.P. Morgan Securities LLC, Lebenthal & Co. LLC, Morgan Stanley & Co. LLC, Rice Financial Products Co. and The Williams Capital Group LP; bonds due Oct. 1, 2051; proceeds for capital expenditures related to One World Trade Center and other expenditures connected to the World Trade Center site.

SAN ANTONIO (TEXAS): $165.905 million series 2011A water system revenue refunding bonds (Aa1/AA/AA+); negotiated; J.P. Morgan Securities LLC (lead); Barclays Capital Inc., M.E. Allison & Co. Inc., Samco Capital Markets Inc. and Southwestern Capital Markets Inc.; bonds due 2012 to 2041; proceeds to refund city's series 2002 and 2002A water system revenue bonds, as well as refund commercial paper notes.

SOUTH DAKOTA HOUSING DEVELOPMENT AUTHORITY: $56.9 million series 2011-2 non-AMT single-family mortgage bonds; negotiated; Bank of America Merrill Lynch and Citigroup Global Markets Inc. (lead); J.P. Morgan Securities LLC, Dougherty & Co. LLC and Wells Fargo Securities LLC (co-managers); bonds due 2012 to 2023 with term bonds due in 2029 and 2032; proceeds to fund mortgage loans.

UTAH BOARD OF REGENTS: $436.1 million series 2011-1 taxable Libor index notes (Aaa/AA+/); negotiated; RBC Capital Markets LLC (bookrunner); Bank of America Merrill Lynch and UBS Investment Bank (co-managers); proceeds to provide long-term financing for student loans and refund existing debt, including the board's series 1998 auction-rate bonds.

• $203.5 million series 2011-1-A-1 notes due May 1, 2023

• $140 million series 2011-1-A-2 notes due May 1, 2029

• $92.6 million series 2011-1-A-3 notes due May 1, 2038

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