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Cable One Shares Jump 12% Amid Proposed $1.25 Billion Financing
The proposed financing would include a new first-lien term loan intended to address Cable One’s balance sheet.

Cable One shares jumped 12% Thursday amid a proposed $1.25 billion financing aimed at addressing its balance sheet.
The proposed financing would include a new first-lien term loan. The proceeds would be used to address the company’s balance sheet.