Cahill Represents Initial Purchasers in $300 Million Notes Offering by Churchill Downs
Date: 12/16/13
Cahill represented J.P. Morgan and Wells Fargo Securities as joint book-running managers and BB&T Capital Markets, Fifth Third Securities, PNC Capital Markets, and US Bancorp as co-managers in connection with Rule 144A offering of 5.375% Senior Notes due 2021 by Churchill Downs Incorporated, provider of pari-mutuel horseracing, casino gaming, and entertainment. Proceeds from the offering were used to repay outstanding borrowings and interest.