Cable One, Inc. -- Moody's assigns a Ba2 rating to Cable One's new senior secured term loan Rating Action: Moody's assigns a Ba2 rating to Cable One's new senior secured term loanGlobal Credit Research - 26 Apr 2021New York, April 26, 2021 -- Moody's Investors Service, ("Moody's") assigned a Ba2 rating to Cable One, Inc.'s (Cable One or the Company) planned $600 million Senior Secured Term Loan B-4 (TLB-4) due 2028. Cable One's Ba3 Corporate Family Rating (CFR), Ba3-PD Probability of Default Rating (PDR), all existing instrument ratings and the stable outlook are unaffected by the proposed transaction.The incremental term loan has materially the same terms and conditions as the existing Term Loan B. Cable One intends to use the net proceeds to fully repay Hargray Acquisition Holdings, LLC's (the ultimate parent of Hargray Communications Group, Inc. (Hargray, B2 RUR)) outstanding Term Loan B in conjunction with the purchase of the remaining interest in Hargray Acquisition Holdings, LLC that Cable One does not already own.