Takeaways by Bloomberg AI
- Chicago O’Hare International Airport is looking to borrow about $476 million from the municipal bond market as it undergoes a multi-billion dollar overhaul.
- The bonds will support O’Hare’s roughly $12 billion capital plan, which includes redeveloping and adding new terminals, as well as new transport between concourses and baggage handling systems.
- The sale comes as O’Hare’s two dominating hub airlines, United Airlines Holdings Inc. and American Airlines Group Inc., are embroiled in a turf war, fighting for increased gate space and flights at one of the world’s busiest airports.
Bloomberg Markets
By Aashna Shah
February 18, 2026