Infrastructure

Chicago plans to enter the market Thursday with $326 million of Midway International Airport second lien refunding bonds in a long planned restructuring that was on hold as the city pursued a privatization deal.

The federal government will swap obsolete office buildings in Washington for more modern facilities through P3 arrangements.

The improved forecast New York Metropolitan Transportation Authority revealed in its November financial plan is a credit positive, according to Moody's.

American Airlines will ask a bankruptcy court to approve an agreement with federal regulators that settles the government's antitrust lawsuit against American's proposed merger with US Airways Group Inc.

Vice President Joe Biden used a visit to the Port of Houston to renew the Obama administration's proposal for a $50 billion infrastructure renewal program.

National League of Cities members on Saturday elected St. Paul, Minn. Mayor Chris Coleman as their president for 2014 at a business meeting on Saturday.

Legislation recently introduced in Congress would transfer nearly all authority over federal highway and transit programs to states and substantially reduce federal motor fuel taxes over a five-year period.

New York's MTA will receive $30.5 million for its capital program through the sale of Bronx property for a retail complex and possibly senior housing.

Tolls from managed traffic lanes can be an effective way to fund expensive highway projects, but investors need to consider revenue volatility.

Illinois hopes to select a private partner to develop its estimated $1.1 billion share of the proposed Illiana toll road by next fall with the goal of closing on a finance package as soon as early 2015, a top state transportation official said Thursday.