New York, December 02, 2015 -- Moody's Investors Service today assigned a B1 to Churchill Downs Incorporated's (CDI) new $250 million 5.375% senior unsecured notes. The company's Ba3 Corporate Family Rating, Ba3-PD Probability of Default Rating, and B1 rating on its existing $300 million 5.375% senior notes were affirmed. CDI's stable rating outlook was maintained and SGL-1 Speculative Grade Liquidity rating was also affirmed. The company's $500 million senior secured credit facility is not rated.
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