According to an 8K filed with the SEC, JPMorgan Chase is serving as administrative agent for a new $300 million senior secured term loan B due 2028 for Churchill Downs. In addition, Churchill Downs closed its previously announced offering of $200 million in aggregate principal amount of 4.75% senior notes due 2028. The notes were priced at 103.25% of the principal amount and the term loan B has an interest rate of LIBOR plus 200 basis points.

Churchill Downs is a racing, online wagering and gaming entertainment company.