April 23, 2018 / 9:38 PM / 5 months ago

BRIEF-Cable One Completes Term Loan B Repricing Reduces Borrowing Costs

April 23 (Reuters) - Cable ONE Inc:

* CABLE ONE COMPLETES TERM LOAN B REPRICING; REDUCES BORROWING COSTS

* CABLE ONE SAYS ITS LENDERS HAVE APPROVED A REDUCTION TO INTEREST RATE ON CO’S $500 MILLION TERM LOAN B CREDIT FACILITY

* CABLE ONE - UNDER TRANSACTION, INTEREST RATE ON CO’S TERM LOAN B CREDIT FACILITY REDUCED TO A RATE OF LIBOR PLUS A MARGIN OF 1.75% Source text for Eikon: Further company coverage:

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