{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-403885","form_type":"8-K","ticker":"CHDN","cik":"0000020212","company_name":"Churchill Downs Inc","filed_at":"2026-09-28T13:23:00+00:00","discovered_at":"2026-09-28T13:24:23.355007+00:00","generated_at":"2026-10-12T13:32:58.060835+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Churchill Downs closes amended credit facility, extends revolver/TLA to 2031, issues $500M Term Loan B due 2033","bullets":["New $500M senior secured Term Loan B due 2033 priced at SOFR+175bps and issued at 99.875% of principal; replaces existing term loan B-1.","Eighth Amendment dated Sept 25, 2026 extends Revolver and Term Loan A maturities from 2029 to Sept 25, 2031; JPMorgan Chase Bank is administrative agent.","Net proceeds repay term loan B-1 and outstanding revolver borrowings, pay transaction fees, and fund working capital and general corporate purposes.","CDI issued a conditional redemption notice Sept 18, 2026 to redeem its 5.50% Senior Notes due 2027 on Oct 19, 2026, funded from the revolver.","Revolver, Term Loan A and 2033 TLB are guaranteed by subsidiary guarantors and secured by substantially all assets of CDI and the guarantors."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-403885","json":"https://secwatch.observer/filing/0001193125-26-403885.json","markdown":"https://secwatch.observer/filing/0001193125-26-403885.md","text":"https://secwatch.observer/filing/0001193125-26-403885.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/20212/000119312526403885/0001193125-26-403885-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/20212/000119312526403885/d166307d8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T13:32:58.060835+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}