Press Release|Public Finance

KBRA Releases Rating Report for Chicago O'Hare International Airport Senior Lien GARBs

10 Oct 2024   |   New York

Contacts

On October 8, 2024, KBRA assigned an A+ rating, with a Stable Outlook to General Airport Senior Lien Revenue Refunding Bonds, Series 2024C (AMT) and Series 2024D (Non-AMT); and General Airport Senior Lien Revenue Bonds, Series 2024E (AMT) and Series 2024F (Non-AMT) to be issued by the City of Chicago ("the City") on behalf of Chicago O'Hare International Airport ("O'Hare" or "the Airport"). At the same time, KBRA affirmed the A+ rating, Stable Outlook assigned to outstanding General Airport Senior Lien Revenue Bonds (GARBs) previously issued by the City on behalf of O'Hare.

To access rating and relevant documents, click here.

Click here to view the report.

This Press Release has been updated on October 10, 2024 to update the labeling of the Series 2024E and Series 2024F Bonds to reflect the most current version of the POS received subsequent to the last publication date.

About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

Doc ID: 1006334

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