Municipals Calendar: Los Angeles Airports to price $897.78 million bonds

WEEK OF MARCH 22

BOARD OF REGENTS OF THE UNIVERSITY OF TEXAS SYSTEM: $373.27 million series 2010B revenue finance system refunding bonds (Aaa/AAA/AAA); negotiated; RBC Capital Markets Inc. and Piper Jaffray & Co. (lead); Bank of America Merrill Lynch, J.P. Morgan Securities Inc., Loop Capital Markets LLC, Ramirez & Co. and Raymond James & Associates Inc. (co-managers); proceeds to refund debt; pricing March 23.

PUERTO RICO ELECTRIC POWER AUTHORITY: $850 million series XX power revenue bonds (A3/BBB+/BBB+); negotiated; J.P. Morgan Securities Inc. and Citigroup Global Markets Inc. (lead); Morgan Stanley & Co. Inc.; Barclays Capital Inc.; Bank of America Merrill Lynch; Ramirez & Co. Inc.; Raymond James & Associates Inc.; RBC Capital Markets Corp.; UBS Financial Services Inc. of Puerto Rico; Wells Fargo Securities Inc.; BBVAPR MSD; FirstBank Puerto Rico Securities; Oriental Financial Services; Popular Securities; Santander Securities; and Scotia Capital (co-managers); proceeds to repay loans issued by private banks and the Government Development Bank for construction costs; pricing week of March 22.

RHODE ISLAND TURNPIKE AND BRIDGE AUTHORITY: $50 million series 2010A revenue bonds (/A-/A); negotiated; Bank of America Merrill Lynch (lead); Janney Montgomery Scott LLC and Morgan Stanley & Co. Inc. (co-managers); bonds due 2019 to 2038 with term bond due 2039; proceeds to fund improvements to Clairborne Pell Bridge and Mount Hope Bridge; pricing week of March 22.

MARCH 24

DPEARTMENT OF AIRPORTS OF THE CITY OF LOS ANGELES: $897.78 million series 2010A senior revenue bonds (Aa3/AA/AA); negotiated; Siebert Brandford Shank & Co. LLC (lead); Barclays Capital Corp., De La Rosa & Co. and Morgan Stanley & Co. Inc. (co-managers); proceeds to fund capital expenditures at Los Angeles Airport, as well as refund existing commercial paper; pricing March 24.

UNIVERSITY SYSTEM OF MARYLAND: $120 million series 2010 auxiliary facility and tuition revenue bonds (Aa2/AA+/AA); competitive; Public Financial Management Inc. (financial adviser); series 2010A bonds due 2011 to 2018; 2010B bonds due 2019 to 2030; proceeds to fund expansion, construction, renovation and improvement projects for the dental, journalism and pharmacy schools, as well as the renovation of a performing arts center; pricing March 24.

• $38.985 million series 2010A tax-exempt bonds

• $81.015 million series 2010B taxable Build America Bonds

WISCONSIN: $183.665 million series 2010-2 general obligation refunding bonds; negotiated; Citigroup Global Markets Inc. and Loop Capital Markets LLC (lead); Baird & Co., J.P. Morgan Securities Inc. and Siebert Brandford Shank & Co. LLC (co-managers); bonds due 2013 to 2022; pricing March 24.

MARCH 25

DISTRICT OF COLUMBIA: $126.75 million series 2010C adjusted Sifma rate income tax secured revenue refunding bonds (Aa2/AAA/AA); negotiated; Morgan Stanley & Co. Inc. (lead); bonds due 2010 to 2011; proceeds to refund series 2008B bonds; pricing March 25.

SOUTH CAROLINA: $336.475 million series 2010A state highway general obligation refunding bonds (//AAA); competitive; bonds due 2011 to 2021; proceeds to refund existing bonds utilized to fund highway improvements; pricing March 25.

APRIL

INDIANA UNIVERSITY: $85 million series 2010T student fee bonds (Aa1/AA/); negotiated; Morgan Stanley & Co. Inc. (lead); J.P. Morgan Securities Inc., City Securities Corp. and Loop Capital Markets LLC (co-managers); 2010T-1 bonds due 2011 to 2017; 2010T-2 bonds due 2018 to 2030; proceeds to fund campus improvements; pricing in April.

ON THE HORIZON

BOARD OF REGENTS OF THE UNIVERSITY OF OKLAHOMA: $73.22 million series 2010 federally taxable bond anticipation notes; negotiated; RBC Capital Markets Corp. (lead); BOSC, Inc., D.A. Davidson & Co. and Wells Nelson & Associates, LLC (co-managers); notes due Nov. 1, 2011; proceeds to construct, equip, renovate, remodel and expand university's utility system on the Norman campus.

CHICAGO TRANSIT AUTHORITY: $550 million series 2010 sales tax receipts revenue bonds (A1/AA/); negotiated; Goldman, Sachs & Co. and Cabrera Capital Markets LLC (lead); Blaylock Robert Van LLC, BMO Capital Markets LLC, Duncan-Williams LLC, Jefferies & Co., J.P. Morgan Securities Inc., Loop Capital Markets LLC, Melvin Securities LLC, Morgan Stanley & Co. Inc. and Wachovia Bank NA (co-managers); proceeds to finance or reimburse the authority for costs related to transit improvement and expansion projects.

CHILDREN'S HOSPITAL AND CLINICS OF MINNESOTA/CITY OF MINNESOTA/HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF SAINT PAUL: $50 million series 2010A health care facilities revenue bonds (Aa3/AAA/); negotiated; Piper Jaffray & Co. (lead); bonds due 2011 to 2022 with term bonds due 2025, 2030 and 2035; proceeds to reimburse Children's Hospital and Clinics for costs related to expanding and improving existing facilities.

INDUSTRIAL DEVELOPMENT AUTHORITY OF ARLINGTON COUNTY (VIRGINIA)/VIRGINIA HOSPITAL CENTER ARLINGTON: $145 million series 2010 fixed-rate hospital revenue refunding bonds (A2/A+/); negotiated; Bank of America Merrill Lynch and Morgan Stanley & Co. Inc. (lead); BB&T Capital Markets and Wells Fargo Securities Inc. (co-managers); bonds due 2010 to 2020 with 2025 and 2031; proceeds to fund a loan to refund hospital's series 2005 bonds.

OKLAHOMA COUNTY FINANCE AUTHORITY (OKLAHOMA): $50.655 million series 2010 educational facilities lease revenue bonds; negotiated; D.A. Davidson & Co. Inc. (lead); bonds due 2011 to 2014; proceeds to fund improvements to Putnam City Public Schools.

RALEIGH, N.C.: $68.705 million series 2010A combined enterprise system revenue refunding bonds (Aa1/AAA/AAA); negotiated; Davenport & Co. LLC (lead); Citigroup Global Markets Inc. and Loop Capital Markets LLC (co-managers); bonds due 2015 to 2023; proceeds to refund city's series 2004 and 2006A bonds.

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