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Churchill Downs prices $500 million Term Loan B due 2033

Verifying
  • Churchill Downs priced $500 million of senior secured Term Loan B due 2033.
  • The loan priced at SOFR plus 175 basis points and 99.875% of principal.
  • Churchill Downs plans to redeem its 5.50% Senior Notes due 2027 conditionally.
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