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Prospect News home > News index > List of issuers Tenders > Headlines for 2019 > News item
Published on 5/15/2019 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Cable One firms plans to redeem 5¾% notes due 2022 on June 15

Chicago, May 15 – Cable One, Inc. has elected to redeem its outstanding 5¾% senior notes due 2022 on June 15, according to a company filing.

The company will redeem all $450 million outstanding notes at a redemption price of 101.438.

The redemption is conditioned upon net proceeds of $325 million from new debt, a borrowing expected to be complete before the redemption date.

Bank of New York Mellon Trust Co., NA is the trustee.

Cable One is a Phoenix-based broadband communications provider.


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