Indianapolis Downs Files Chapter 11

Burton, Paul
April 2011
High Yield Report;4/18/2011, Vol. 22 Issue 16, p30
The article reports that Indianapolis Downs LLC, a racetrack and casino operator, has filed for Chapter 11 bankruptcy protection. According to the company, it will reorganize its debt during the restructuring process. In a statement filed by the company, it has a 103 million U.S. dollars commitment for debtor-in-possession financing from a group led by Wells Fargo which allows for immediate access of up to 5 million U.S. dollars.


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