Churchill Downs Incorporated 5.5% 01-APR-2027Churchill Downs Incorporated 5.5% 01-APR-2027Churchill Downs Incorporated 5.5% 01-APR-2027

Churchill Downs Incorporated 5.5% 01-APR-2027

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CHDN4810680 analysis



Key facts


Issue date
Mar 25, 2019
Maturity date
Apr 1, 2027
Outstanding amount
‪600.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
5.50% (Fixed)
Yield to maturity
5.52%
Churchill Downs, Inc. is a provider of pari-mutuel horse racing, online account wagering on horse racing and casino gaming. It operates through the following segments: Live and Historical Racing, Wagering Services and Solutions, and Gaming. The Live and Historical Racing segment includes live and historical pari-mutuel racing related revenue and expenses at Churchill Downs Racetrack and historical racing properties in Kentucky, Virginia, and New Hampshire. The Wagering Services and Solutions focuses on the revenue and expenses from pari-mutuel wagers through TwinSpires, retail and online sports betting business, United Tote Company, and Exacta Systems, LLC. The Gaming segment is involved in the casino properties and associated racetracks which support the casino license. The company was founded in 1875 and is headquartered in Louisville, KY.
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