Municipal Calendar: Massachusetts coordinates $1.2 billion sale of notes

Week of September 21

September 21

KING COUNTY (WASHINGTON)

• $54,845,000 series 2015 limited tax general obligation bonds (Aa1/AAA/AA+)

• Competitive

• Piper Jaffray & Co. (financial adviser)

• Proceeds to acquire open space, purchase real estate, finance technology projects and fund energy conservation programs for the county, as well as to refund existing debt

• $28,645,000 series 2015B tax-exempt bonds due 2016 to 2030

• $26.2 million series 2015C taxable bonds due 2016 to 2028

September 22

MASSACHUSETTS

• $1.2 billion series 2015 general obligation revenue anticipation notes (MIG1/SP-1+/F1+)

• Competitive

• Public Resources Advisory Group (financial adviser)

• Proceeds to finance capital expenditures

• $400 million series 2015A notes due April 27, 2016

• $400 million series 2015B notes due May 25, 2016

• $400 million series 2015C notes due June 22, 2016

NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY

• $1 billion series 2016A future tax secured subordinate bonds

• Negotiated

• Goldman Sachs & Co. (lead)

• Barclays, Loop Capital Markets LLC, BofA Merrill Lynch, J.P. Morgan Securities LLC and Wells Fargo Securities LLC (co-senior managers)

• Citigroup Global Markets Inc., Oppenheimer & Co., RBC Capital Markets LLC, Siebert Brandford Shank & Co. LLC, Fidelity Capital Markets LLC, Ramirez & Co. Inc., Rice Financial Products Co., Southwest Securities Inc., Jefferies & Co., Raymond James/Morgan Keegan, Roosevelt & Cross Inc., Stifel, Nicolaus & Co. Inc., BNY Mellon Capital Markets LLC, U.S. Bancorp Investments Inc., Estrada Hinojosa & Co. Inc., Prager & Co. LLC and Williams Capital Group LP (co-managers)

• Proceeds to finance capital expenditures

• $750 million series 2016A-1 tax-exempt bonds due 2017 to 2039

• $190 million series 2016A-2 taxable bonds due 2017 to 2027

• $60 million series 2016A-3 taxable bonds due 2017 to 2027

PALM BEACH COUNTY SCHOOL DISTRICT (FLORIDA)

• $115 million series 2015 tax anticipation notes (MIG1)

• Competitive

• Public Financial Management Inc. (financial adviser)

• Feb. 1, 2016

• Proceeds to provide the district with operating capital for the fiscal year ending June 30, 2016

Day-to-Day

PUERTO RICO AQUEDUCT AND SEWER AUTHORITY

• $750 million series 2015A senior lien revenue bonds (Caa3//CC)

• Negotiated

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

• Popular Securities and Santander Securities (co-managers)

• Proceeds to finance capital projects under the authority’s five-year capital improvement plan

On The Horizon

ALASKA HOUSING FINANCE CORP.

• $55.71 million series 2015C state capital project II bonds

• Negotiated

• J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC (lead)

• BofA Merrill Lynch, KeyBanc Capital Markets LLC, Raymond James/Morgan Keegan and Wells Fargo Securities LLC (co-managers)

• Bonds due 2016 to 2032 with term bond due 2035

• Proceeds to refund outstanding bonds

CALIFORNIA WATER RESOURCES AUTHORITY/CENTRAL VALLEY

• $109.39 million series AU water system revenue index floating-rate bonds (Aa1/AAA/)

• Negotiated

• Stifel, Nicolaus & Co. Inc. (lead)

• Proceeds to refund all of the authority’s series 1 water revenue commercial paper notes

CINCINNATI (OHIO)

• $140,175,000 series 2015 general obligation bonds (Aa2/AA-/)

• Negotiated

• RBC Capital Markets LLC (lead)

• KeyBanc Capital Markets Inc., PNC Capital Markets LLC and Rice Financial Products Co. (co-managers)

• Proceeds to finance city vehicle acquisitions; improvements to park and recreational facilities, streets and other public buildings; and refunding outstanding bond anticipation notes

• $122.05 million series 2015A unlimited tax various purpose G.O. improvement and refunding bonds due 2015 to 2035 with term bond due 2040

• $3.45 million series 2015B taxable qualified energy conservation G.O. bonds due 2035

• $14,675,000 series 2015C unlimited tax various purpose taxable G.O. refunding bonds due 2015 to 2026

CONNECTICUT

• $840 million series 2015 transportation infrastructure special tax obligation bonds

• Negotiated

• RBC Capital Markets LLC (lead)

• BofA Merrill Lynch, Citigroup Global Markets Inc., Goldman, Sachs & Co., Raymond James/Morgan Keegan, Siebert Brandford Shank & Co. LLC, Cabrera Capital Markets LLC, Fidelity Capital Markets, J.P. Morgan Securities LLC, Janney Montgomery Scott LLC, KeyBanc Capital Markets, Loop Capital Markets LLC, Morgan Stanley & Co. LLC, Piper Jaffray & Co., Rice Financial Products Co. Inc., Roosevelt & Co. Inc., TD Securities (USA) Inc., U.S. Bancorp Investments Inc. and Wells Fargo Securities LLC (co-managers)

• Proceeds to finance transportation capital expenditures and to refund the state’s series 2007A transportation infrastructure bonds

• $700 million series 2015A bonds due 2016 to 2035

• $140 million series 2015B bonds due 2018 to 2027

DISTRICT OF COLUMBIA

• $99.03 million series 2015 revenue bonds

• Negotiated

• H.J. Sims & Co. (lead)

• Proceeds to construct, design, furnish, equip and improve a 57,000 square-foot national law enforcement museum in D.C.

• $76,095,000 series 2015A bonds due 2025, 2030, 2035, 2044 and 2049

• $22,935,000 series 2015B bonds due July 1, 2025

HAMILTON (OHIO)

• $103,655,000 series 2015 electric system revenue refunding notes (/SP-1+/)

• Negotiated

• Fifth Third Securities Inc. (lead)

• Notes due Sept. 27, 2016

• Proceeds to refund the city’s series 2002A-B electric system revenue refunding bonds and series 2014 bond anticipation notes

HARRIS COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORP. (TEXAS)/BAYLOR COLLEGE OF MEDICINE

• $75 million series 2015 medical facilities mortgage revenue refunding bonds (/A-/)

• Negotiated

• BofA Merrill Lynch and Barclays (lead)

• Bonds due Nov. 15, 2045

• Proceeds to refund the corporation’s series 2012B revenue bonds issued for Baylor College of Medicine

HOUSTON (TEXAS)

• $150 million series 2015D-E combined utility system revenue refunding bonds (/AA/AA)

• Negotiated

• Citigroup Global Markets Inc. (lead)

• Morgan Stanley & Co. LLC, Ramirez & Co. Inc., Coastal Securities Inc., IFS Securities Inc. and RBC Capital Markets LLC (co-managers)

• Proceeds to the city’s series 2005, 2006, 2006A, 2007A-B, 2008B and 2009A revenue bonds

IDAHO HOUSING AND FINANCE ASSOCIATION

• $157,555,000 series 2015A grant and revenue anticipation refunding bonds (A2//A+)

• Negotiated

• Citigroup Global Markets Inc. (lead)

• Barclays, BofA Merrill Lynch and Morgan Stanley & Co. LLC (co-senior managers)

• D.A. Davidson & Co., KeyBanc Capital Markets Inc., Piper Jaffray & Co., RBC Capital Markets LLC, Siebert Brandford Shank & Co. LLC, U.S. Bancorp Investments Inc., Wells Fargo Securities LLC and Zions Bank (co-managers)

• Proceeds to refund the association’s series 2006 and 2008A bonds

LEE MEMORIAL HEALTH SYSTEM (FLORIDA)

• $277,065,000 series 2015A hospital revenue and revenue refunding bonds (A2/A/)

• Negotiated

• BofA Merrill Lynch (lead)

• Proceeds to finance a construction project at the Golisano Children’s Hospital of Southwest Florida in Fort Myers, as well as to refund existing revenue bonds

LOS ANGELES COUNTY REDEVELOPMENT REFUNDING AUTHORITY (CALIFORNIA)

• $158 million series 2015 tax allocation revenue refunding bonds (/AA-/)

• Negotiated

• Stifel, Nicolaus & Co. Inc. and Citigroup Global Markets Inc. (lead)

• Proceeds to partially refund the authority’s series 2002 and 2005 tax allocation bonds

• $76 million series 2015A tax-exempt bonds

• $82 million series 2015B taxable bonds

LUCAS COUNTY (OHIO)/PROMEDICA HEALTHCARE OBLIGATED GROUP

• $50 million series 2015B hospital revenue bonds (Aa3/AA/)

• Negotiated

• Barclays and Citigroup Global Markets Inc. (lead)

• Fifth Third Securities Inc. and PNC Capital Markets LLC (co-managers)

• Bonds due Nov. 15, 2045

• Proceeds to construct, equip, furnish and improve ProMedica facilities in Lucas County

LUZERNE COUNTY (PENNSYLVANIA)

• $140 million series 2015 general obligation refunding bonds

• Negotiated

• Citigroup Global Markets Inc. (lead)

• Proceeds to refund the county’s series 1998A, 2002C and 2005A bonds and its series 2006A notes

MARIN COUNTY (CALIFORNIA)

• $82.84 million series 2015 certificates of participation (Aa2/AA+/)

• Competitive

• Wulff, Hansen & Co. (financial adviser)

• Bonds due 2015 to 2045

• Proceeds to finance the construction, equipment, acquisition and improvement of county facilities, as well as to refund the county’s series 2010 COPs

MASSACHUSETTS

• $150 million series 2015 special obligation dedicated tax revenue bonds

• Negotiated

• Proceeds to finance capital project

METROPOLITAN WASHINGTON AIRPORTS AUTHORITY (DISTRICT OF COLUMBIA)

• $350,025,000 series 2015 airport system revenue and refunding bonds (A1/AA-/AA-)

• Negotiated

• Morgan Stanley & Co. LLC and RBC Capital Markets LLC (lead)

• Citigroup Global Markets Inc., Goldman Sachs & Co., Raymond James/Morgan Keegan and Siebert Brandford Shank & Co. LLC (co-managers)

• Proceeds to finance airport capital improvements and refund the authority’s series 2005B revenue bonds

• $283,925,000 series 2015B AMT revenue and refunding bonds

• $35,455,000 series 2015C non-AMT refunding bonds

• $30,645,000 series 2015D taxable revenue refunding bonds

MICHIGAN FINANCE AUTHORITY/MCLAREN HEALTH

• $154,555,000 series 2015D hospital revenue refunding bonds (Aa3//AA-)

• Negotiated

• J.P. Morgan Securities LLC (lead)

• Proceeds to refund series 2008A-B revenue bonds

• $78.94 million series 2015D-1 bonds

• $75,615,000 series 2015D-2 bonds

MINNEAPOLIS (MINNESOTA)/FAIRVIEW HEALTH SERVICES

• $116,805,000 series 2015A health care system revenue bonds (A2/A+/)

• Negotiated

• Citigroup Global Markets Inc. and RBC Capital Markets LLC (lead)

• Proceeds to construct, equip, acquire and improve facilities at the University of Minnesota Medical Center and to refund the health service’s series 1997, 2000, 2002 and 2005 revenue bonds

MISSISSIPPI

• $200 million series 2015E gaming tax revenue bonds (A3/A+/A+)

• Negotiated

• Morgan Stanley & Co. LLC (lead)

• Piper Jaffray & Co. and Raymond James/Morgan Keegan (co-managers)

• Bonds due 2016 to 2035

• Proceeds to finance the repair, rehabilitation and maintenance of bridges in the state

MONTGOMERY INDEPENDENT SCHOOL DISTRICT (TEXAS)

• $232,405,000 series 2015 unlimited tax school building and refunding bonds (Aaa/AAA/)

• Negotiated

• Piper Jaffray & Co. (lead)

• Coastal Securities Inc., Raymond James/Morgan Keegan, Stifel, Nicolaus & Co. Inc. and Wells Fargo Securities LLC (co-managers)

• Bonds due 2017 to 2045

• Proceeds to construct, equip, acquire and renovate school buildings in the district, as well as to refund the district’s series 2006A school building bonds, series 2006B refunding bonds and series 2007 school building bonds

NEW YORK STATE HOUSING FINANCE AGENCY

• $92.79 million series 2015C affordable housing revenue bonds

• Negotiated

• Barclays (lead)

• J.P. Morgan Securities LLC, Siebert Brandford Shank & Co. LLC, BofA Merrill Lynch, Citigroup Global Markets Inc., Loop Capital Markets LLC, Morgan Stanley & Co. LLC, Ramirez & Co. Inc. and Wells Fargo Securities LLC (co-managers)

• Bonds due 2015 to 2026 with term bonds due 2018, 2019, 2030, 2035, 2040 and 2048

• Proceeds to finance six mortgage loans for affordable housing projects within the state

NEW YORK STATE MORTGAGE AGENCY

• $151,775,000 series 2015 homeowner mortgage revenue bonds

• Negotiated

• Citigroup Global Markets Inc. (lead)

• BofA Merrill Lynch, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Academy Securities, Barclays, Blaylock Beal Van LLC, CastleOak Securities LP, Loop Capital Markets LLC, Ramirez & Co. Inc. and Raymond James/Morgan Keegan (co-managers)

• Proceeds to purchase recently originated mortgages, acquire new mortgages and finance down payment assistance loans

• $45.41 million series 192 non-AMT bonds due Oct. 1, 2031 and Oct. 1, 2035

• $20.64 million series 193 non-AMT bonds due 2016 to 2018 with term bond due 2040

• $85,725,000 series 194 AMT bonds due 2018 to 2026 with term bonds due 2028 and 2035

NORTHWEST INDEPENDENT SCHOOL DISTRICT (TEXAS)

• $137,618,471.60 series 2015A unlimited tax refunding bonds

• Negotiated

• BOSC Inc. (lead)

• Raymond James/Morgan Keegan and RBC Capital Markets LLC (co-managers)

• Bonds due 2015 to 2033

• Proceeds to refund the district’s series 2005 refunding bonds, 2008 school building and refunding bonds, 2009 school building bonds and 2010 school building bonds

ONONDAGA COUNTY RESOURCE RECOVERY AGENCY (NEW YORK)

• $52,965,000 series 2015 revenue bonds (A2/AA/)

• Negotiated

• TD Securities (USA) Inc. (lead)

• Proceeds to provide capital funding for agency and refund series 2003B bonds

OREGON

• $600 million series 2015A full faith and credit tax anticipation notes (MIG1/SP-1+/F1+)

• Negotiated

• Citigroup Global Markets Inc. and BofA Merrill Lynch (lead)

• Barclays, Goldman Sachs & Co. and J.P. Morgan Securities LLC (co-managers)

• Notes due Sept. 15, 2016

• Proceeds to finance cash needs for the coming fiscal year

PAYNE COUNTY ECONOMIC DEVELOPMENT AUTHORITY (OKLAHOMA)/EPWORTH LIVING AT THE RANCH

• $107.52 million series 2015 revenue bonds

• Negotiated

• Ziegler Inc. (lead)

• Proceeds to be loaned by the authority to the corporation for the construction, equipment, improvement, renovation and acquisition of The Ranch, an Epworth Living Community, a senior housing facility with 114 independent living units in Stillwater, Okla.

• $84.02 million series 2015A bonds

• $8 million series 2015B-1 tax-exempt mandatory paydown securities

• $12.75 million series 2015B-2 tax-exempt mandatory paydown securities

• $2.75 million series 2015C taxable mandatory paydown securities

SAN DIEGO PUBLIC FACILITIES FINANCING AUTHORITY (CALIFORNIA)

• $313.62 million series 2015 senior sewer revenue refunding bonds (/AA/AA)

• Negotiated

• BofA Merrill Lynch (lead)

• Academy Securities, Fidelity Capital Markets, Jefferies & Co. and Morgan Stanley & Co. LLC (co-managers)

• Bonds due 2016 to 2027

• Proceed to refund the authority’s series 2009A-B and 2010A sewer revenue bonds

SAN FRANCISCO BAY AREA RAPID TRANSIT DISTRICT (CALIFORNIA)

• $187.63 million series 2015A sales tax revenue bonds (/AA+/AA+)

• Negotiated

• Wells Fargo Securities LLC (lead)

• Blaylock Beal Van LLC (co-manager)

• Bonds due 2016 to 2034

• Proceed to refund the district’s series 2005A and 2006 revenue bonds

SAN FRANCISCO BAY AREA RAPID TRANSIT DISTRICT (CALIFORNIA)

• $170.93 million series 2015D general obligation refunding bonds (Aaa/AAA/)

• Negotiated

• Wells Fargo Securities LLC (lead)

• Blaylock Beal Van LLC (co-manager)

• Bonds due 2016 to 2035

• Proceed to refund the district’s series 2005A and 2007B G.O. bonds

SOUTH SAN ANTONIO INDEPENDENT SCHOOL DISTRICT (TEXAS)

• $307.44 million series 2015 unlimited tax school building and refunding bonds (Aaa//AAA)

• Negotiated

• Frost Bank and Citigroup Global Markets Inc. (lead)

• J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Siebert Brandford Shank & Co. LLC and Stephens Inc. (co-managers)

• Bonds due 2016 to 2045

• Proceeds to construct, equip, acquire and renovate school buildings in the district and to refund the district’s outstanding bonds

SUMTER LANDING DEVELOPMENT DISTRICT (FLORIDA)

• $55.62 million series 2015 taxable recreational revenue refunding bonds (/A+/A+)

• Negotiated

• Citigroup Global Markets Inc. (lead)

• Proceeds to refund the district’s series 2005A-B revenue bonds

TARRANT COUNTY CULTURAL FACILITIES FINANCE CORP. (TEXAS)/BARTON CREEK SENIOR LIVING CENTER INC.

• $50,525,000 series 2015 retirement facility revenue bonds

• Negotiated

• Ziegler Inc. (lead)

• Proceeds to renovate, equip and furnish senior living facilities at Barton Creek

WAYNE COUNTY AIRPORT AUTHORITY (MICHIGAN)

• $587.78 million series 2015 airport revenue bonds (A2/A/A-)

• Negotiated

• Citigroup Global Markets Inc. and J.P. Morgan Securities LLC (lead)

• BofA Merrill Lynch, PNC Capital Markets LLC, Loop Capital Markets LLC, Siebert Brandford Shank & Co. LLC and Wells Fargo Securities LLC (co-managers)

• Proceeds to finance the authority’s four-year capital improvement program for the airport, as well as to refund the authority’s series 2001A hotel bonds

• $230.22 million series 2015D non-AMT bonds due 2017 to 2034

• $11,595,000 series 2015E AMT bonds due 2017 to 2034

• $242,695,000 series 2015F AMT refunding bonds due 2025 to 2034

• $103.27 million series 2015G non-AMT refunding bonds due 2017 to 2034

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