Monitor upcoming quarterly results for commentary on cash deployment plans and any change in leverage targets. The draw is purely precautionary — no acquisition or capex deployment has been announced.
Price Chart
Executive Summary
Cable One borrowed $700.0 million under its $1.25 billion revolving credit facility on September 17-18, 2026, to increase cash on hand and preserve financial flexibility. The borrowing is a routine draw on existing credit lines with no change in terms or maturity (February 2028). This is a neutral liquidity management action with no material impact on the company's financial outlook.
Key Facts
- Borrowed $700.0 million under the $1.25 billion revolving credit facility
- Borrowings occurred on September 17 and 18, 2026
- Purpose stated as 'to increase cash on hand and preserve financial flexibility'
- Revolving Credit Facility matures in February 2028 under the existing Fourth Amended and Restated Credit Agreement dated February 22, 2023
- Company may elect to repay all or a portion of these borrowings prior to final maturity
Financial Impact
$700.0 million drawn on a $1.25 billion revolver; no change to total facility size or maturity
Risk Factors
- Increased debt load of $700.0 million adds to interest expense, though on a pre-existing facility
- No stated use of proceeds beyond cash preservation — if funds deployed for a large acquisition or capex, the narrative could shift
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000950157-26-001036 |
| Document: 0000950157-26-001036-index-headers.html | 0000950157-26-001036 |
| Document: 0000950157-26-001036-index.html | 0000950157-26-001036 |
| Document: 0000950157-26-001036.txt | 0000950157-26-001036 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 7d ago | SC 13D/A | $6.21 $5.74 | ▲ +7.57% | ▲ +8.09% | $5.33 (+14.23%) |
Oct 14, 2026 12d ago | SC 13D/A | $8.47 $7.23 | ▲ +14.64% | ▲ +13.53% | $5.33 (+37.11%) |
Oct 2, 2026 25d ago | 8-K | $12.21 $11.25 | ▼ −7.86% | ▼ −8.54% | $5.33 (−56.38%) |
Sep 22, 2026 4w ago | 8-K | $15.83 $15.63 | ▼ −1.26% | ▼ −1.18% | $5.33 (−66.35%) |
Aug 14, 2026 10w ago | 8-K | $34.48 $29.88 | ▼ −13.34% | ▼ −12.87% | $5.33 (−84.55%) |
Aug 7, 2026 11w ago | Institutional Cluster | $37.32 $35.74 | ▲ +4.23% | ▲ +4.20% | $5.33 (+85.73%) |
Jul 8, 2026 15w ago | 8-K | $35.27 $36.19 | ▼ −2.61% | ▼ −2.18% | $5.33 (+84.90%) |
Jun 11, 2026 19w ago | Institutional Cluster | $41.57 $47.00 | ▲ +13.06% | ▲ +12.52% | $5.33 (−87.19%) |
Apr 30, 2026 25w ago | 8-K | $75.01 $64.79 | ▲ +13.62% | ▲ +13.28% | $5.33 (+92.90%) |
US Market Status
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