CHICAGO – Chicago O’Hare International Airport’s new customer facility charge bond credit established to help finance a consolidated car rental center received a first-time rating of Baa1 from Moody’s Investors Service.

The city late this month or early in August intends to sell $231 million of senior lien customer facility charge revenue bonds. The rating agency assigned the same rating to the city’s $288 million subordinate lien TIFIA loan. The outlook on both is stable.

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