DALLAS — Southwest Airlines, which after its launch in 1971 built its entire business plan around Love Field, will issue $310 million of revenue bonds to expand operations at the historic Dallas airport.

The tax-exempt bonds, issued by the conduit Love Field Modernization Corp., will go toward a complete redevelopment of the airport’s main terminal and concourse that is already underway. Completion is expected in four years, and the project is estimated to cost $500 million.

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