Municipals Calendar: Illinois to price $700 million in general obligation bonds

WEEK OF APRIL 19

BOARD OF TRUSTEES OF MICHIGAN STATE UNIVERSITY: $410 million series 2010 general revenue bonds (Aa2/AA/); negotiated; Bank of America Merrill Lynch and J.P. Morgan Securities Inc. (lead); 2010A bonds are due 2044 to 2050; proceeds to construct, furnish and equip replacement for Morrill Hall; renovate, remodel and equip Brody, Bailey and Emmons halls; and upgrade the university's power plan; pricing week of April 19.

• $205 million series 2010A Build America Bonds

• $205 million series 2010B tax-exempt bonds

APRIL 20

DEKALB COUNTY HOSPITAL AUTHORITY/DEKALB MEDICAL CENTER INC. (GEORGIA): $181.1 million series 2010 revenue anticipation certificates (//BBB); negotiated; Raymond James & Associates Inc. (lead); certificates due 2011 to 2015 with term bonds due 2020, 2030 and 2040; proceeds to fund renovations to DeKalb Medical Center in Decatur, Ga.; pricing April 20.

DOUGLAS COUNTY SCHOOL DISTRICT NO. 17 (NEBRASKA): $51.18 million series 2010 general obligation refunding bonds (Aa2/AA/); competitive; D.A. Davidson & Co. (financial adviser); bonds due 2011 to 2025; callable June 15, 2015 at par; proceeds refund existing series 2005 bonds; pricing April 20.

FLORENCE (SOUTH CAROLINA): $98.5 million combined waterworks and sewerage system revenue and refunding revenue bonds (A1/A+/); competitive; Independent Financial Advisors (financial adviser); proceeds to defease the series 1993 South Carolina Pollution Control revolving fund loan and the series 2000 waterworks and sewerage system revenue bonds and to defray the costs of capital improvements to the waterworks and sewerage system; pricing April 20.

• $29.9 million series 2010A refunding revenue bonds due 2010-2024

• $68.6 million series 2010B revenue bonds due 2025-2039

ILLINOIS: $700 million series 2010-3 general obligation taxable Build America Bonds (A2/A+/A+); negotiated; William Blair & Co. Inc. (lead); Northern Trust Co., Edward Jones & Co., George K. Baum & Co. and RBC Capital Markets Corp. (co-managers); proceeds to provide grants to public schools within the state, as well as fund transportation projects and finance capital projects; pricing April 20.

OREGON STATE BOARD OF HIGHER EDUCATION: $343.265 million series 2010 general obligation bonds; negotiated; Bank of America Merrill Lynch and Citigroup Global Markets Inc. (lead); Morgan Stanley & Co. Inc. and Fidelity Capital Markets LLC (co-managers); 2010A bonds due 2016 to 2028 with term bond due 2033; 2010B bonds due 2011 to 2025; 2010C bonds due 2026, 2030 and 2039; 2010D bonds due 2023 to 2029 with term bond due 2039; 2010E bonds due 2011 to 2026 with term bond due 2035; 2010F bonds due 2013 to 2022; proceeds to fund variety of variety of capital projects for Oregon State University and refund existing G.O.s issued for Oregon State University; pricing April 20.

• $44.725 million series 2010A tax-exempt bonds

• $73.5 million series 2010B federally taxable bonds

• $113.73 million series 2010C Build America Bonds

• $21.415 million series 2010D tax-exempt bonds

• $31.5 million series 2010E federally taxable bonds

• $58.395 million series 2010F tax-exempt bonds

TEXAS: $185.44 million series 2010 general obligation bonds (Aa1/AA+/AAA); negotiated; Barclays Capital Inc. (lead); Frost Bank, J.P. Morgan Securities Inc., Morgan Stanley & Co. Inc., Raymond James & Associates Inc. and Sterne, Agee & Leach Inc. (co-managers); 2010B bonds due 2011 to 2030; 2010C bonds due 2010 to 2030; proceeds to fund water development projects and refund debt; pricing April 20.

• $143.745 million series 2010B water financial assistance bonds

• $41.695 million series 2010C water financial assistance bonds

APRIL 21

CONNECTICUT: $642.335 million series 2010 general obligation bonds and G.O. bond anticipation notes; negotiated; M.R. Beal & Co. (lead); Barclays Capital Inc.; Goldman, Sachs & Co.; Morgan Stanley & Co. Inc.; Siebert Brandford Shank & Co. LLC; Belle Haven Investments LP; Blaylock Robert Van LLC; Cabrera Capital Markets LLC; Citigroup Global Markets Inc.; Estrada Hinojosa & Co. Inc.; Jackson Securities Inc.; J.P. Morgan Securities Inc.; Merrill Lynch & Co.; Raymond James & Associates Inc.; RBC Capital Markets Corp.; Rice Financial Products Co.; and Sterne, Agee & Leach Inc. (co-managers); 2010A G.O.s due 2015 to 2018; 2010A G.O. BABs due 2019 to 2026; 2010A BANs due May 19, 2011; proceeds to fund a variety of capital projects throughout the state; pricing April 21.

• $105 million series 2010A G.O. bonds

• $184.25 million series 2010A taxable G.O. Build America Bonds

• $353.085 million series 2010A G.O. bond anticipation notes

NORTH CAROLINA MEDICAL CARE COMMISSION/DUKE UNIVERSITY HEALTH SYSTEM: $120 million series 2010A health care facilities revenue bonds (Aa2/AA/AA); negotiated; Citigroup Global Markets Inc. (lead); J.P. Morgan Securities Inc., Bank of America Merrill Lynch, SunTrust Robinson Humphrey and Wells Fargo Securities Inc. (co-managers); proceeds to fund costs of additional health care facilities; pricing April 21.

PUERTO RICO ELECTRIC POWER AUTHORITY: $275 million series ZZ power revenue refunding bonds (A3/BBB+/BBB+); negotiated; Morgan Stanley & Co. Inc. and Citigroup Global Markets Inc. (lead); J.P. Morgan Securities Inc., Bank of America Merrill Lynch, Goldman, Sachs & Co., Ramirez & Co. Inc., Raymond James & Associates Inc., BBVAPR MSD First Bank of Puerto Rico Securities, Oriental Financial Services, Popular Securities and Santander Securities (co-managers); bonds due 2011 to 2028 with term bonds; proceeds to refund existing power revenue bonds; pricing April 21.

SSM HEALTH CARE (MISSOURI): $281.225 million series 2010 health facilities revenue bonds (/AA-/AA-); negotiated; Citigroup Global Markets Inc. and Goldman, Sachs & Co. (lead); Bank of America Merrill Lynch, Edward Jones & Co. and J.P. Morgan Securities Inc. (co-managers); proceeds to finance and refinance capital projects and restructure existing debt; pricing April 21.

• $124.71 million series 2010A bonds for Wisconsin Health and Educational Facilities Authority

• $156.515 million series 2010B bonds for Health and Educational Facilities Authority of the State of Missouri

STATE OF NEW YORK MORTGAGE AGENCY: $80 million 39th and 40th series non-AMT revenue bonds; negotiated; Bank of America Merrill Lynch (lead); J.P. Morgan Securities Inc., Morgan Stanley & Co. Inc., Citigroup Global Markets Inc., George K. Baum & Co. Inc., Goldman, Sachs & Co., Ramirez & Co. Inc., RBC Capital Markets Corp. and Roosevelt & Cross Inc. (co-managers); proceeds to fund mortgage loans; pricing April 21.

• $57.385 million 39th series non-AMT bonds

• $22.615 million 40th series non-AMT bonds

ON THE HORIZON

CASTAIC LAKE WATER AGENCY (CALIFORNIA): $68.105 million series 2010A refunding revenue certificates of participation (/AA-/A+); negotiated; Stone & Youngberg (lead); proceeds to refund agency's series 2001A COPs.

CHIPPEWA VALLEY SCHOOLS (MICHIGAN): $89.765 million series 2010 school building and site bonds; negotiated; Fifth Third Securities Inc. (lead); Comerica Securities, Edward D. Jones & Co. LP and Stifel, Nicolaus & Co. Inc. (co-managers); 2010A bonds due 2011 to 2016 and 2010B bonds due 2017 to 2035; proceeds to fund purchase of land for school construction, as well as construction costs associated with building new schools.

• $20 million series 2010A taxable bonds

• $69.765 million series 2010B Build America Bonds

NORTH CAROLINA STATE UNIVERISTY AT RALEIGH: $77.505 million series 2010 general revenue bonds; negotiated; J.P. Morgan Securities Inc. (lead); Loop Capital Markets LLC and Morgan Keegan & Co. Inc. (co-managers); proceeds to finance acquisition, construction , improvement and equipment of athletic facilities, dining facilities, a student health center and a parking deck, as well as the expansion and improvement of the Terry Veterinary Hospital.

OHIO: $170 million series 2010 general obligation highway capital improvement bonds (Aa2/AAA/AA+);negotiated; Morgan Stanley & Co. Inc. (lead); Fifth Third Securities Inc., William Blair & Co. Inc., Fidelity Capital Markets LLC, KeyBanc Capital Markets, Loop Capital Markets LLC, Huntington Investment Co. and PNC Capital Markets LLC (co-managers); proceeds to fund improvements to state highways.

• $165 million series M Build America Bonds

• $5million series N tax-exempt bonds

OHIO/SUMMA HEALTH SYSTEM: $175 million series 2010 hospital facilities revenue bonds (Baa1//BBB+); negotiated; J.P. Morgan Securities Inc. and PNC Capital Markets LLC (lead); bonds due 2025, 2030, 2035 and 2040; proceeds to to fund the construction of a trauma center at Summa Akron City Hospital, the renovation of a patient tower at the Summa Wadsworth-Rittman campus, refinance the construction of a parking garage at Summa Akron City Hospital and finance improvements at a variety of Summa Health hospitals in Ohio.

PORTLAND, MAINE: $70.12 million series 2010 general airport revenue bonds (A3/BBB+/); negotiated; J.P. Morgan Securities Inc. and Morgan Keegan & Co. Inc. (lead); bonds due 2012 to 2030 with term bonds; proceeds to construct, expand, renovate and improve the city's Jetport terminal.

PUERTO RICO ELECTRIC POWER AUTHORITY: series YY power revenue Build America Bonds (A3/BBB+/BBB+); negotiated; Santander Securities (lead); Popular Securities, UBS Financial Services Inc. of Puerto Rico, Barclays Capital Inc., BBVAPR MSD, Bank of America Merrill Lynch, Citigroup Global Markets Inc., First Bank Securities, Oriental Financial Services, Raymond James & Associates Inc., Samuel A. Ramirez & Co. and Wells Fargo Securities LLC; bonds due 2040; proceeds to fund capital improvement, as well as refund existing power revenue bonds.

RHODE ISLAND CLEAN WATER FINANCE AGENCY: $75.375 million series 2010A water pollution control refunding revenue bonds; negotiated; Janney Montgomery Scott LLC and Morgan Stanley & Co. Inc. (lead); Barclays Capital Inc. and Citigroup Global Markets Inc. (co-managers); bonds due 2011 to 2023; proceeds to fund clean water initiatives.

TEXAS PUBLIC FINANCE AUTHORITY CHARTER SCHOOL FINANCE CORP.: $50.09 million series 2010A education revenue bonds (/BBB/); negotiated; Morgan Keegan & Co. Inc. (lead); Jefferies & Co. (co-manager); bonds due 2030 and 2040; proceeds finance construction and improvement projects at charter schools in Texas.

WARREN CONSOLIDATED SCHOOLS DISTRICT (MICHIGAN): $50.38 million series 2010 school building and site general obligation bonds; negotiated; Fifth Third Securities Inc. (lead); Edward Jones & Co. (co-manager); proceeds to construct new school buildings, acquire land on which to construct new school facilities and renovate existing school facilities.

• $35.38 million series 2010A Build America Bonds

• $15 million series 2010B taxable qualified school construction bonds

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