Sep. 10 at 5:10 AM
$CABO Following GTCR's exercise of its put option, Cable One is required to buy out the remaining 55% of MBI. This adds roughly
$480 million in immediate acquisition costs, but more importantly, forces Cable One to absorb or swap between
$895 million and
$925 million in inherited MBI senior secured term loans scheduled to mature in November 2027.
A
$1 billion loan package hast to be refinanced at a steep 12% interest rate in 2027 alongside their own maturities.
IMHO THIS WILL MOST DEF. GIVE THE REST TO THIS STOCK!!!