Cable One nears roughly $1.25 billion first-lien term loan
Cable One is nearing a deal to raise roughly $1.25 billion via a new first-lien term loan, backed by existing and new lenders, with proceeds intended to pay down existing debt.
25 billion in new financing to address its balance sheet, according to people familiar with the matter. The new first-lien term loan will be provided by both existing and new lenders, with proceeds going to pay down existing debt, the people said. Cable One is expected to announce the deal as soon as Friday, although terms are still being finalized, the people said. com (END) Dow Jones Newswires October 08, 2026 13:51 ET (17:51 GMT) Copyright (c) 2026 Dow Jones & Company, Inc.
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