CHICAGO — The Metropolitan Pier and Exposition Authority of Illinois has selected a finance team as it gears up to enter the market this summer with a big refunding to take advantage of a favorable market in a deal that could also include some new money and debt restructuring.

The issue, still unsized, would be the agency’s first since its $1.2 billion 2010 offering that launched a legislatively approved restructuring of its debt portfolio and operations aimed at providing near-term fiscal relief and long-term financial stability.

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