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Chicago Plans $784 Million Bond Sale for Midway Airport Projects

Chicago plans to offer about $784 million of airport-revenue bonds next week for projects including work on runways at city-run Midway International.

The borrowing for Chicago’s second-busiest airport, which began operating in 1927, will price as soon as May 29, according to data compiled by Bloomberg. Moody’s Investors Service ranks the securities A3, the seventh-highest level.