Cable One draws $700 million on $1.25 billion revolver

Cable One, Inc. said that on September 17 and September 18, 2026 it borrowed $700.0 million under its $1.25 billion revolving credit facility, citing a desire to increase cash on hand and preserve financial flexibility, according to a Form 8-K filed with the SEC.

Cable One borrowed $700.0 million under its $1.25 billion revolving credit facility over two days in mid-September, telling investors the draw was meant to raise cash and keep financing options open.

The $700 million revolver draw

On September 17, 2026 and September 18, 2026, Cable One, Inc. (NYSE: CABO) borrowed $700.0 million under the $1.25 billion revolving credit facility provided for under the company's previously disclosed Fourth Amended and Restated Credit Agreement dated as of February 22, 2023, as amended from time to time. The company disclosed the borrowings in a Form 8-K under Item 2.03 (Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant).

Cable One said it borrowed the funds to increase cash on hand and preserve financial flexibility. The company may, at its option, elect to repay all or a portion of these borrowings before the revolving facility's final scheduled maturity in February 2028. The terms of the borrowing are governed by that Credit Agreement.

What Item 8.01 adds

In Item 8.01 (Other Events), Cable One incorporated the Item 2.03 disclosure by reference. The Form 8-K does not describe a separate capital-markets transaction beyond the revolver borrowings already stated in Item 2.03.

How to read the disclosure

The filing states the facility size ($1.25 billion) and the amount borrowed on September 17–18 ($700.0 million). It does not print the interest rate, lender roster, unused-commitment fee, or a full post-draw outstanding balance for the revolving facility, and it does not frame the draw as funding for a named acquisition, dividend, or refinancing.