Kentucky Derby Operator Taps Loan Market to Refinance Debt

Kentucky Derby operator Churchill Downs Inc. is seeking to raise $500 million to refinance existing debt as maturities loom, adding to a rush of firms tapping the market for risky...

By Rene Ismail and Jeannine Amodeo · Bloomberg Markets

Kentucky Derby operator Churchill Downs Inc. is seeking to raise $500 million to refinance existing debt as maturities loom, adding to a rush of firms tapping the market for risky loans.