Churchill downs incorporated announces closing of $300 million senior secured term loan b due 2028 and $200 million senior notes due 2028

Louisville, ky., march 17, 2021 (globe newswire) -- churchill downs incorporated (“cdi” or the “company”) (nasdaq: chdn) today announced that it successfully closed its previously announced offering of $200 million in aggregate principal amount of its 4.75% senior notes due 2028 (the "additional notes") and $300 million in aggregate principal amount of a senior secured term loan b due 2028 (the "term loan b"). the additional notes were priced at 103.25% of the principal amount and the term loan b has an interest rate of libor plus 200 basis points.
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