---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-097183"
form_type: "8-K"
ticker: "CHDN"
cik: "0000020212"
company_name: "Churchill Downs Inc"
filed_at: "2023-04-11T23:59:59+00:00"
generated_at: "2026-06-17T03:52:57.600892+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Churchill Downs proposes $600M senior notes due 2031 to refinance Term Loan B

## Summary
- $600M aggregate principal of senior notes due 2031 in a private offering.
- Net proceeds to repay Term Loan B, fund fees, and for general corporate purposes.
- Notes offered to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S.
- Company will agree to register notes for resale after one year if not freely tradable.

## SEC filing metadata
- accession: 0001193125-23-097183
- form_type: 8-K
- ticker: CHDN
- cik: 0000020212
- company_name: Churchill Downs Inc
- filed_at: 2023-04-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/20212/000119312523097183/0001193125-23-097183-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/20212/000119312523097183/d497645d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-097183
- JSON: https://secwatch.observer/filing/0001193125-23-097183.json
- Plain text: https://secwatch.observer/filing/0001193125-23-097183.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.