Municipals Calendar: Illinois plans $800 million bond offering

Week of January 9

CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY/SCRIPPS HEALTH: $175 million series 2012A revenue bonds (Aa3/AA-/AA-); negotiated; J.P. Morgan Securities LLC and Barclays Capital Inc. (lead); proceeds to finance Scripps's capital needs for fiscal year 2012; pricing week of Jan. 9.

INDIANA UNIVERSITY: $96 million series 2012A consolidated revenue bonds (Aaa/AA+/); negotiated; Morgan Stanley & Co. LLC (lead); J.P. Morgan Securities LLC and Loop Capital Markets LLC (co-managers); bonds due 2013 to 2032 with term bond due June 1, 2037; proceeds to construct and renovate residence halls, construct a new science and research center and renovate and expand a dining hall; pricing week of Jan. 9.

MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA: $101.27 million series 2012A combined cycle project revenue bonds; negotiated; J.P. Morgan Securities LLC (lead); Bank of America Merrill Lynch; Goldman, Sachs & Co.; Citigroup Global Markets Inc.; and Wells Fargo Securities Inc. (co-managers); bonds due 2013 to 2022; proceeds to refund authority's series 2002A revenue bonds; pricing week of Jan. 9.

OHIO PUBLIC FACILITIES COMMISSION: $173 million series 2012 general obligation bonds (Aa1//AA+); negotiated; PNC Capital Markets LLC (lead); proceeds to finance research and development of clean coal projects, common school projects and refund outstanding G.O. bonds for a net present value savings; pricing week of Jan. 9.

ORANGE COUNTY (CALIFORNIA): $240 million series 2012A taxable pension obligation bonds (Aa2/A+/); negotiated; Morgan Stanley & Co. LLC (lead); bonds due 2012 to 2013; proceeds to refund county's series 2012 debenture; pricing week of Jan. 9.

PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCE AUTHORITY: $112 million series 2011 governmental lease revenue bonds (Aa3); negotiated; Citigroup Global Markets Inc. (lead); proceeds to purchase a building and parking garage located adjacent to the state capitol building, which is currently occupied mostly by commonwealth offices; pricing week of Jan. 9.

VERNON (CALIFORNIA): $74,355,000 series 2012 electric system revenue bonds; negotiated; De La Rosa & Co. Inc. (lead); proceeds to make capital improvements to city's electric system, including upgrades to distribution facilities and expansions to existing substations; pricing week of Jan. 9.

• $39.53 million series 2012A bonds

• $34,825,000 series 2012B bonds

January 11

DENVER (COLORADO): $50.65 million series 2012 wastewater enterprise revenue bonds (Aa2/AAA/AAA); competitive; Piper Jaffray & Co. (financial adviser) bonds due 2012 to 2032; proceeds to finance improvements to city and county's wastewater system; pricing Jan. 11.

ILLINOIS: $800 million series 2012 general obligation bonds; competitive; Acacia Financial Group Inc. (financial adviser); proceeds to fund state's transportation, school, state facilities and other capital project; pricing Jan. 11.

• $525 million series 2012A bonds due 2013 to 2037

• $275 million series 2012B taxable bonds due 2013 to 2037

JEA (FLORIDA): $78.3 million series 2012 electric system revenue bonds; negotiated; Bank of America Merrill Lynch (lead); Citigroup Global Markets Inc.; BMO Capital Markets; Barclays Capital Inc.; Goldman, Sachs & Co.; Jefferies & Co.; J.P. Morgan Securities LLC; Jefferies & Co.; Morgan Keegan & Co. Inc.; Morgan Stanley & Co. LLC; Piper Jaffray & Co.; RBC Capital Markets LLC; and Wells Fargo Securities LLC (co-managers); proceeds to redeem at par the authority's series 2005A, 2005D and 2006A bonds; pricing Jan. 11.

• $14.89 million series three 2012A bonds (Aa2)

• $63.41 million series 2012A subordinate bonds (Aa3)

METROPOLITAN WASTEWATER RECLAMATION DISTRICT (COLORADO): $380 million series 2012A sewer improvement bonds (Aa1/AAA/); competitive; RBC Capital Markets LLC (financial adviser); bonds due 2016 to 2041; proceeds to construct improvements to the wastewater transmission and treatment system; pricing Jan. 11.

NASHUA (NEW HAMPSHIRE): $150 million series 2012 taxable general obligation corporate acquisition bonds (Aa2//AAA); negotiated; J.P. Morgan Securities LLC (lead); proceeds to finance the acquisition of Pennichuck Corp., a publicly traded private sector holding company for the water utility that provides the city with water service; pricing Jan. 11.

NORTH CAROLINA: $181,335,000 series 2012 grant anticipation vehicle revenue bonds (Aa2/AA/AA-); negotiated; Bank of America Merrill Lynch (lead); Barclays Capital Inc.; J.P. Morgan Securities LLC; Citigroup Global Markets Inc.; Loop Capital Markets LLC; and Wells Fargo Securities LLC (co-managers); proceeds to widen, replace and relocate a series of highways and interstates within the state; pricing Jan. 11.

OKLAHOMA CAPITOL IMPROVEMENT AUTHORITY: $61,595,000 series 2012 state highway capital improvement revenue bonds (/AA/AA); negotiated; Morgan Stanley & Co. LLC (lead); BOSC Inc., Goldman, Sachs & Co. and Robert W. Baird & Co. Inc.; bonds due 2012 to 2025; proceeds to construct, improve, maintain and repair state roads, highways and bridges which are part of the state highway system; pricing Jan. 11.

VIRGINIA PORT AUTHORITY: $108 million series 2012 port fund revenue refinancing bonds (Aa1//AA+); negotiated; Morgan Stanley & Co. LLC (lead); proceeds to refund existing debt for a debt service savings; pricing Jan. 11.

January 12

FRISCO INDEPENDENT SCHOOL DISTRICT (TEXAS): $86.8 million series 2012 unlimited tax school building and refunding bonds (Aa1); negotiated; FirstSouthwest Co. Inc. (lead); proceeds to refund certain maturities of outstanding debt without an extension of the final maturity and to fund various capital improvement projects throughout the district; pricing Jan. 12.

LIVINGTON (NEW JERSEY): $53,668,000 series 2012 general obligation bonds; competitive; proceeds to fund capital improvements, including improvements to sewer and water system, and to refund bond anticipation notes; pricing Jan. 12.

• $46,935,000 series 2012 general improvement bonds due 2013 to 2042

• $4,595,000 series 2012 water utility bonds due 2013 to 2031

• $2,138,000 series 2012 sewer utility bonds due 2013 to 2029

Week of January 16

January 18

FAIRFAX COUNTY (VIRGINIA): $220.67 million series 2012A public improvement bonds (Aaa/AAA/AAA); competitive; Public Financial Management Inc. (financial adviser); bonds due 2013 to 2032; proceeds to fund school improvements, transportation improvements and facilities, parks and recreational facilities, public safety facilities, human services facilities and library facilities; pricing Jan. 18.

On the Horizon

ABAG FINANCE AUTHORITY FOR NONPROFIT CORPORATIONS/SHARP HEALTH CARE CORP.: $51.89 million series 2012A revenue bonds (A2/A+/); negotiated; Citigroup Global Markets Inc. (lead); proceeds to finance the prepayment of installment payments connected to a 1998 agreement between the health care corporation and San Diego County.

ALASKA: $173,395,000 series 2012A general obligation refunding bonds (Aaa/AA+/AAA); negotiated; Goldman, Sachs & Co. (lead); Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, and Wells Fargo Securities LLC (co-managers); bonds due 2013 to 2023; proceeds to refund a portion of the state's series 2003A general obligation 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/MEMORIAL SLOAN-KETTERING CANCER CENTER: $340 million fixed- or variable-rate tax-exempt bonds; negotiated; Goldman, Sachs & Co. (lead); proceeds to refund cancer center's series 2003-1 revenue bonds.

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/ROCKEFELLER UNIVERSITY: $90 million (maximum); negotiated; J.P. Morgan Securities LLC (lead); proceeds to refund university's series 1998 and 2002A-1 revenue bonds.

INDIANA BOND BANK: $120 million series 2012A advance funding program notes (/SP-1/); negotiated; J.P. Morgan Securities LLC (lead); notes due Jan. 3, 2013; proceeds to purchase warrants from certain governmental entities within the state.

JACKSON REDEVELOPMENT AUTHORITY (MISSISSIPPI): $90 million series 2011 urban renewal revenue bonds; negotiated; Rice Financial Products Co. (lead); proceeds to finance capital projects in Jackson, Miss.

LIBERTY UNIVERSITY (VIRGINIA): $100 million series 2012 taxable bonds (A1/AA/); negotiated; Morgan Stanley & Co. LLC and Davenport & Co. LLC (lead); bonds due March 1, 2042; proceeds to construct a new health sciences school, a library, baseball stadium and roadways.

MARTIN COUNTY HEALTH FACILITIES AUTHORITY/MARTIN MEMORIAL CENTER (FLORIDA): $133,145,000 series 2012 hospital revenue bonds (Baa1/BBB/); negotiated; Ziegler Capital Markets Inc. (lead); proceeds to finance construction of a new hospital located in Port St. Lucie, Fla., about 16 miles from the medical center's Stuart, Fla., campus.

MEMORIAL SLOAN-KETTERING CANCER CENTER (NEW YORK): 5% taxable bonds (Aa2/AA-/AA); negotiated; Goldman, Sachs & Co. (lead); J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC; bonds due July 1, 2042; proceeds to finance capital projects for the cancer center.

METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY (TENNESSEE): $131.16 million series 2012 subordinate lien water and sewer revenue refunding bonds (/A+/); negotiated; Morgan Stanley & Co. LLC (lead); Morgan Keegan & Co. Inc., Piper Jaffray & Co., Wiley Bros. - Aintree Capital LLC, Rice Financial Products Co., Stephens Inc. and Terminus Securities LLC (co-managers); bonds due 2012 to 2013 and 2016 to 2023; proceeds to fully repay government's outstanding refunding obligations.

SOUTH CAROLINA PUBLIC SERVICE AUTHORITY (SANTEE COOPER): $235,665,000 series 2012 revenue obligations; negotiated; Morgan Stanley & Co. LLC (lead); Barclays Capital Inc.; Bank of America Merrill Lynch; Goldman, Sachs & Co.; Citigroup Global Markets Inc.; and J.P. Morgan Securities LLC (co-managers); proceeds to refund authority's series 2002A, 2002D and 2003A refunding bonds.

• $28.24 million series 2012A tax-exempt refunding obligation bonds due 2016 to 2021

• $26,815,000 series 2012B tax-exempt refunding obligation bonds due 2012 and 2014 to 2020

• $180.61 million series 2012C taxable obligation due 2012 to 2020

TEXAS: $57,075,000 series 2012 water financial assistance general obligation bonds (Aaa/AA+/AAA); negotiated; Citigroup Global Markets Inc. and J.P. Morgan Securities LLC (lead); Frost Bank, M.R. Beal & Co. and Samco Capital Markets Inc. (co-managers); proceeds to fund water assistance projects at qualified political subdivisions.

• $42,825,000 series 2012A water infrastructure bonds due 2012 to 2031

• $14.25 million series 2012B economically distressed areas program bonds due 2012 to 2031

VILLAGE COMMUNITY DEVELOPMENT DISTRICT NO. 9 (FLORIDA): $54.395 million series 2012 special assessment revenue bonds; negotiated; Citigroup Global Markets Inc. (lead); bonds due May, 1, 2022, May 1, 2032 and May 1, 2042; proceeds to construct, acquire, renovate and furnish a retirement community in Wildwood, Fla., called The Villages.

WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY/AURORA HEALTH CARE INC.: $234.1 million series 2012A revenue bonds (A3//A); negotiated; Bank of America Merrill Lynch and BMO Capital Markets LLC (lead); Baird & Co., Edward D. Jones & Co. LP and J.P. Morgan Securities LLC (co-managers); proceeds to refund health care system's series 1996 Aurora Sinai bonds, its 1996 Aurora Medical Group bonds and its series 1999A-B bonds.

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