Cahill Represents Lead Arrangers in Churchill Downs’ $2.78 Billion Credit Facilities

September 25, 2026

Cahill represented the lead arrangers in connection with an amendment to Churchill Downs Incorporated’s existing credit facilities with a new $1.082 billion term A credit facility, a new $1.2 billion revolving credit facility and a new $500 million term B credit facility.

Proceeds from the credit facilities will be used to refinance existing credit.

Churchill Downs has created extraordinary entertainment experiences for over 150 years, beginning with the company’s most iconic and enduring asset, Churchill Downs Racetrack, the home of the Kentucky Derby and premier races of the Thoroughbred Championship Series.