Churchill Downs to offer $600M notes

Apr. 11, 2023 7:59 AM ETChurchill Downs Incorporated (CHDN)By: Mary Christine Joy, SA News Editor
Churchill Downs Entrance - Kentucky Derby

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  • Gaming entertainment company Churchill Downs (NASDAQ:CHDN) said on Tuesday that it intends to offer $600M in aggregate principal amount of senior notes due 2031.
  • The net proceeds from the private offering will be used to repay indebtedness outstanding under its term loan B Facility, fund related transaction fees and expenses, and for working capital and other general corporate purposes.
  • Source: Press Release

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