Breaking with its rating agency peers, Standard & Poor’s Ratings Services said Friday that the city of Chicago’s ambitious plan to expand O’Hare International Airport is “sound.”
Standard & Poor’s affirmed its current ratings, ranging from “AA” to “A-,” on about $6 billion of current O’Hare debt and assigned an “A-” rating to about $1.1 billion in bonds the city plans to issue in early February. Get the full story »
