Churchill Downs Closes Amended Credit Facility and Issues New $500M Term Loan

Key Facts

1Churchill Downs Incorporated closed an amended and extended credit agreement for its revolver and Term Loan A facility.

2The company issued a new $500 million Term Loan B as part of the financing restructure.

Churchill Downs Incorporated closed an amended and extended credit agreement for its revolving credit and Term Loan A facilities. GlobeNewswire reported that the company also issued a new $500 million Term Loan B as part of its strategic financing restructure.

The company is optimizing its capital structure and extending debt maturities to support ongoing operations and digital infrastructure expansion. Regarding market performance, CHDN closed at $79.77 on September 25, 2026, after reaching a day high of $80.07 and a low of $78.95 during that session.