McPier gets new line of credit in state budget bill – Crain’s

The agency that operates McCormick Place will be able to pile on to its massive debt load thanks to the state's long-awaited budget. Built into legislation that passed last week is a $293 million increase in the bonding capacity. The agency maxed out its borrowing limit two years ago. Despite a gargantuan long-term debt burden that totaled $3.7 billion as of June 2016,​ McPier officials plan to take advantage of the new line of credit immediately.