{"filing":{"accession_number":"0001193125-26-403885","cik":"0000020212","ticker":"CHDN","company_name":"Churchill Downs Inc","form":"8-K","filing_date":"2026-09-28","report_date":"2026-09-25","primary_document":"d166307d8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/20212/000119312526403885/d166307d8k.htm"},"events":[{"id":35366,"run_id":32572,"accession_number":"0001193125-26-403885","anchor_item_number":"2.03","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.94,"summary":"Churchill Downs closed a $500 million senior secured Term Loan B due 2033 at SOFR plus 175 basis points and amended its existing senior secured credit agreement to extend the maturity of its revolving credit facility and Term Loan A from 2029 to 2031. Proceeds will be used to repay existing term loan B-1 loans, revolving loans, transaction fees, and general corporate purposes.","company_name":"Churchill Downs Inc","ticker":"CHDN","filing_date":"2026-09-28","form":"8-K","submitted_at":null,"items":[{"id":39396,"accession_number":"0001193125-26-403885","item_number":"1.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Churchill Downs closed an amendment to its senior secured credit agreement extending the maturity of its revolving credit facility and Term Loan A from 2029 to 2031, and simultaneously issued a new $500 million senior secured Term Loan B due 2033. The company intends to use proceeds to repay existing term loan B-1 loans, revolving loans, transaction fees, and general corporate purposes. This constitutes creation of new direct financial obligations and refinancing of existing debt, which is the core definition of debt_issuance.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-28T13:25:16.926465+00:00","company_name":"","ticker":null,"filing_date":""},{"id":39397,"accession_number":"0001193125-26-403885","item_number":"2.03","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Churchill Downs closed a $500 million senior secured Term Loan B due 2033 at SOFR plus 175 basis points, and amended its existing credit agreement to extend the maturity of its revolving credit facility and Term Loan A from 2029 to 2031. These are creations of new direct financial obligations and modifications to existing debt facilities, which are the core substance of Item 2.03 debt issuance disclosures. The company intends to use proceeds to repay existing debt, fund transaction costs, and support working capital.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-28T13:25:16.926465+00:00","company_name":"","ticker":null,"filing_date":""},{"id":39398,"accession_number":"0001193125-26-403885","item_number":"7.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"Churchill Downs announced the closing of a $500 million senior secured Term Loan B due 2033 and an amendment extending the maturity of its existing revolving credit facility and Term Loan A from 2029 to 2031. These are material debt issuances and credit facility modifications that create new direct financial obligations and modify existing ones. The company intends to use proceeds to repay existing debt, fund transaction costs, and support general corporate purposes.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-28T13:25:16.926465+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":39396,"accession_number":"0001193125-26-403885","item_number":"1.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Churchill Downs closed an amendment to its senior secured credit agreement extending the maturity of its revolving credit facility and Term Loan A from 2029 to 2031, and simultaneously issued a new $500 million senior secured Term Loan B due 2033. The company intends to use proceeds to repay existing term loan B-1 loans, revolving loans, transaction fees, and general corporate purposes. This constitutes creation of new direct financial obligations and refinancing of existing debt, which is the core definition of debt_issuance.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-28T13:25:16.926465+00:00","company_name":"Churchill Downs Inc","ticker":"CHDN","filing_date":"2026-09-28"},{"id":39397,"accession_number":"0001193125-26-403885","item_number":"2.03","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Churchill Downs closed a $500 million senior secured Term Loan B due 2033 at SOFR plus 175 basis points, and amended its existing credit agreement to extend the maturity of its revolving credit facility and Term Loan A from 2029 to 2031. These are creations of new direct financial obligations and modifications to existing debt facilities, which are the core substance of Item 2.03 debt issuance disclosures. The company intends to use proceeds to repay existing debt, fund transaction costs, and support working capital.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-28T13:25:16.926465+00:00","company_name":"Churchill Downs Inc","ticker":"CHDN","filing_date":"2026-09-28"},{"id":39398,"accession_number":"0001193125-26-403885","item_number":"7.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"Churchill Downs announced the closing of a $500 million senior secured Term Loan B due 2033 and an amendment extending the maturity of its existing revolving credit facility and Term Loan A from 2029 to 2031. These are material debt issuances and credit facility modifications that create new direct financial obligations and modify existing ones. The company intends to use proceeds to repay existing debt, fund transaction costs, and support general corporate purposes.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-28T13:25:16.926465+00:00","company_name":"Churchill Downs Inc","ticker":"CHDN","filing_date":"2026-09-28"}]}
