Churchill Downs closes credit amendment, extending revolver and term loan A maturities to 2029

Churchill Downs Inc

Maturity date of Revolver and Term Loan A extended from 2027 to July 3, 2029, subject to springing maturity clause.
Loans bear interest at SOFR plus applicable margin based on CDI's and guarantors' leverage ratio.
Guarantors guarantee obligations; secured by substantially all assets of borrower and guarantors.
Sixth Amendment includes other changes to existing credit agreement.

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