Cahill Represents Lead Arranger in Amended Revolving Credit Facility for Churchill Downs Incorporated
Date: 03/16/20
Cahill represented the lead arranger in connection with an amendment to the existing credit agreement for Churchill Downs Incorporated, an industry-leading racing, online wagering and gaming entertainment company anchored by its iconic annual flagship horserace – the Kentucky Derby, to, among other things, extend the maturity and lower the upper limit of the applied spreads for loans under the company’s existing $700,000,000 senior secured revolving credit facility.