Cable One, Inc. Borrows $700M Under Revolving Credit Facility

What Happened

• Cable One, Inc. (CABO) filed an 8-K reporting that on September 17 and September 18, 2026 it borrowed $700.0 million under its $1.25 billion revolving credit facility. The facility is provided under the Company’s Fourth Amended and Restated Credit Agreement dated February 22, 2023 (as amended). The company said the funds were drawn to increase cash on hand and preserve financial flexibility.

Key Details

• Borrowed amount: $700.0 million.
• Facility size: $1.25 billion revolving credit facility under the Credit Agreement dated Feb 22, 2023.
• Borrowing dates: September 17 and September 18, 2026.
• Maturity: final scheduled maturity of the revolver is February 2028; Cable One may repay all or part of the borrowings earlier. Terms governed by the Credit Agreement.

Why It Matters

• This creates a new short-term financial obligation and increases the company’s liquidity, which can help meet operational needs or provide flexibility for capital allocation.
• Investors should note the added debt on the company’s balance sheet and the remaining revolving facility availability; the filing does not report changes to covenants, interest rates, or planned uses beyond increasing cash on hand.