Chicago’s O’Hare Airport Seeks Up to $4.3 Billion of Muni Debt

Chicago Mayor Brandon Johnson will seek approval from aldermen to sell as much as $4.3 billion of debt for O’Hare International Airport, according to a filing posted on the city clerk’s website.

If authorized, proceeds of the bonds will fund infrastructure projects at the facility, as well as refinance outstanding obligations, the ordinance that the mayor is scheduled to propose Wednesday said.