Cable One Provides Update On The Pending Purchase Of Mega Broadband

By Reuters News

Oct 12 (Reuters) - Cable One Inc CABO.N:

  • CABLE ONE PROVIDES UPDATE ON THE PENDING PURCHASE OF MEGA BROADBAND

  • CABLE ONE - US COURT ISSUES TRO PROHIBITING CABLE ONE FROM ACQUIRING 55% OF MBI ON OCT 9, 2026

  • CABLE ONE - NOT OBLIGATED TO CLOSE MBI ACQUISITION WHILE LEGAL RESTRAINT IS IN EFFECT

  • CABLE ONE - MAKES SUBSTANTIAL PROGRESS TOWARD FINANCING TRANSACTIONS WITH GTCR AND LENDERS

  • CABLE ONE - TRANSACTIONS EXPECTED TO EXTEND AND REDUCE REVOLVING CREDIT FACILITY, PAY DOWN B-4 TERM LOAN

  • CABLE ONE - REFINANCING EXPECTED TO ADDRESS $2.45 BILLION OF CURRENT OBLIGATIONS AND DEBT MATURITIES

Further company coverage: CABO.N

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