Churchill Downs amends credit agreement, reduces Term Loan B-1 margin by 0.25%

Churchill Downs Inc

Reduced Term Loan B-1 interest margin by 0.25% and eliminated 0.10% credit spread adjustment; new rate SOFR + 1.75%.
Amendment closed February 14, 2025; JPMorgan Chase acted as administrative agent and fronting lender.
Term Loan B-1 continues to be secured by substantially all assets of Churchill Downs and its guarantors.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.