Municipal Calendar: Wisconsin coordinates $225 million transportation bonds

Week of November 9

SPRINGFIELD (ILLINOIS)

• $495.59 million series 2015 senior lien electric revenue bonds

• Negotiated

• Citigroup Global Markets Inc. (lead)

• Bonds due 2018 to 2035 with term bond due 2040

• Proceeds to refund the city’s series 2006, 2007 and 2008 electric revenue bonds

Week of November 16

November 17

RICHMOND (VIRGINIA)

• $84,725,000 series 2015 general obligation bonds (Aa2/AA+/AA+)

• Competitive

• Davenport & Co. LLC (financial adviser)

• Proceeds to finance school projects and general capital improvements for the city

• $61,725,000 series 2015B bonds due 2017 to 2038

• $23 million series 2015C taxable bonds due 2017 to 2041

SAN FRANCISCO STATE BUILDING AUTHORITY AND OAKLAND STATE BUILDING AUTHORITY (CALIFORNIA)

• $161.84 million series 2015 lease revenue refunding bonds (A1/A+/A)

• Negotiated

• Ramirez & Co. Inc. and William Blair & Co. (lead)

• Blaylock Beal Van LLC, Mischler Financial Group Inc., Alamo Capital, City National Securities, Fidelity Capital Markets Inc., Great Pacific Securities Inc., Hilltop Securities Inc., Hutchinson, Shockey, Erley & Co., Janney Montgomery Scott LLC, Prager & Co., Raymond James/Morgan Keegan and Wells Fargo Securities LLC (co-managers)

• Proceeds to refund the authorities’ series 1996A and 2005A lease revenue bonds

• $102.87 million series 2015A San Francisco State Building bonds

• $58.97 million series 2015A Oakland State Building bonds

VIRGINIA HOUSING DEVELOPMENT AUTHORITY

• $82,385,000 series 2015 rental housing bonds (Aa1/AA+/)

• Competitive

• Proceeds to finance mortgage loans for rental housing properties in the state

• $32,385,000 series 2015E non-AMT tax-exempt bonds

• $50 million series 2015F taxable bonds

WISCONSIN

• $225 million series 2015A transportation revenue bonds

• Competitive

• Bonds due 2017 to 2036

• Proceeds to refund finance state transportation facilities and highway projects

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

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

• $650 million series 2015 general obligation bonds

• Negotiated

• Barclays (lead)

• Ramirez & Co. Inc., Raymond James/Morgan Keegan, Roosevelt & Cross Inc., Wells Fargo Bank, NA, Baird & Co., Blaylock Beal Van LLC, Estrada Hinojosa & Co. Inc., Jefferies & Co., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Piper Jaffray & Co., Prager & Co. LLC, Rice Financial Products Co., Stifel, Nicolaus & Co. Inc., William Blair & Co. and The Williams Capital Group LP (co-managers)

• Proceeds to finance capital and water pollution control projects in the state

• $585 million series 2015F general obligation bonds due 2016 to 2034

• $65 million series 2015G green general obligation bonds due 2019 and 2035

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

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

GROSSMONT UNION HIGH SCHOOL DISTRICT (CALIFORNIA)

• $51.17 million series 2015 general obligation refunding bonds (Aa3)

• Negotiated

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

• Proceeds to refund series 2008 G.O. bonds

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

KERRVILLE HEALTH FACILITIES DEVELOPMENT CORP./PETERSON REGIONAL MEDICAL CENTER

• $55.31 million series 2015 hospital revenue bonds (/BBB+/BBB+)

• Negotiated

• RBC Capital Markets LLC (lead)

• Proceeds to be lent to the medical center to refund outstanding 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

LONG ISLAND POWER AUTHORITY (NEW YORK)

• $266.23 million series 2015 electric system general revenue bonds (Baa1/A-/)

• Negotiated

• J.P. Morgan Securities LLC and Ramirez & Co. Inc. (lead for 2015B), J.P. Morgan Securities LLC (lead for 2015C)

• Academy Securities Inc., Drexel Hamilton LLC, Loop Capital Markets LLC and Siebert Brandford Shank & Co. LLC (co-managers for 2015B), Academy, Drexel, Loop, Ramirez and Siebert (co-managers for 2015C)

• Proceeds to finance electric system improvements and refund the authority’s series 1A and 2B variable-rate bonds, of which there is $149 million of principal outstanding

• $117.23 million series 2015B bonds

• $149 million series 2015C Libor floating-rate index tender notes due May 1, 2033

LOS ANGELES DEPARTMENT OF AIRPORTS (CALIFORNIA)/LOS ANGELES INTERNATIONAL AIRPORT

• $304,145,000 series 2015 senior revenue bonds (Aa3/AA/AA)

• Negotiated

• Siebert Brandford Shank & Co. LLC (lead)

• Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Ramirez & Co. Inc. and Stifel, Nicolaus & Co. Inc. ( (co-managers)

• Proceeds to finance interior and terminal improvements at LAX

• $276,085,000 series 2015D AMT bonds

• $28.06 million series 2015E non-AMT bond

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

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

MASSACHUSETTS DEVELOPMENT FINANCE AGENCY/LAHEY HEALTH

• $234.45 million series 2015F revenue bonds (/A+/A+)

• Negotiated

• Citigroup Global Markets Inc. (lead)

• BofA Merrill Lynch and Wells Fargo Securities LLC (co-managers)

• Proceeds to refund the agency’s series 2005C and 2007D revenue bonds

MASSACHUSETTS EDUCATIONAL FINANCING AUTHORITY

• $75 million series 2015B level I education loan revenue bonds (/AA(sf)/Asf)

• Negotiated

• Morgan Stanley & Co. LLC (lead)

• Proceeds to acquire MEFA refinancing loans

• $25 million series 2015B-1 floating-rate bonds due Jan. 1, 2032

• $50 million series 2015B-2 fixed-rate bonds due Jan. 1, 2032

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

MIAMI BEACH (FLORIDA)

• $192.95 million series 2015 resort tax revenue bonds

• Negotiated

• BofA Merrill Lynch (lead)

• Citigroup Global Markets Inc., Morgan Stanley & Co. LLC and Siebert Brandford Shank & Co. LLC (co-managers)

• Bonds due 2016 to 2035 with term bonds due 2040 and 2045

• Proceeds to construct and acquire renovations to the Miami Beach Convention Center

MIAMI BEACH REDEVELOPMENT AGENCY (FLORIDA)

• $343,385,000 series 2015 tax increment revenue and refunding bonds

• Negotiated

• Morgan Stanley & Co. LLC (lead)

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

• Proceeds to advance refund the agency’s series 1998A and current refund its series 2005B revenue bonds

• $306,045,000 series 2015A revenue and refunding bonds due 2017 to 2035 with term bonds due 2040 and 2044

• $37.34 million series 2015B taxable bonds due 2016 to 2023

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

MISSION ECONOMIC DEVELOPMENT CORP./NATGASOLINE

• $1.4 billion series 2015 revenue bonds

• Negotiated

• BofA Merrill Lynch (lead)

• Credit Agricole CIB (co-manager)

• Proceeds to finance the construction, equipment and installation of a methanol production facility in Beaumont, Texas, for Natgasoline

• $1,159,860,000 series 2015A taxable senior lien revenue bonds

• $240.14 million series 2015B tax-exempt junior lien revenue bonds

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 HOUSING FINANCE AGENCY

• $53.88 million series 2015E affordable housing revenue bonds

• Negotiated

• Siebert Brandford Shank & Co. LLC and J.P. Morgan Securities LLC (lead)

• 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 2017 to 2026 with term bonds due in 2017, 2018, 2019, 2030, 2035, 2040 and 2048

• Proceeds to finance four mortgage loans for the construction and acquisition of affordable housing projects in Monroe, Onondaga, Broome and Bronx counties

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

OHIO

• $70 million series 2015B capital facilities lease-appropriation bonds (Aa2/AA/AA)

• Negotiated

• Raymond James/Morgan Keegan and Estrada Hinojosa & Co. Inc. (lead)

• RBC Capital Markets LLC and Ross, Sinclaire & Associates (co-managers)

• Bonds due 2016 to 2035

• Proceeds to construct, equip, renovate and improve facilities operated by the state’s Department of Rehabilitation and Correction

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 DIEGO UNIFIED SCHOOL DISTRICT (CALIFORNIA)

• $450 million series 2016 general obligation bonds (Aa2//AAA)

• Negotiated

• Citigroup Global Markets Inc. and Goldman, Sachs & Co. (lead)

• J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC (co-managers)

• Proceeds to repair and rehabilitate school facilities and finance environmentally sound projects in the district

• $350 million series 2016F G.O. bonds

• $100 million series 2016G G.O. green 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

TROY CAPITAL RESOURCES CORP. (NEW YORK)/RENSSELAER POLYTECHNIC INSTITUTE

• $80 million series 2015 revenue bonds (A3/A-/)

• Negotiated

• KeyBanc Capital Markets Inc. (lead)

• Proceeds to refund the corporation’s series 1999A-B and 2006 revenue bonds

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.