---
schema_version: "secwatch.filing_event.v1"
accession: "0000950157-25-000796"
form_type: "8-K"
ticker: null
cik: "0000716133"
company_name: "CINCINNATI BELL INC"
filed_at: "2025-09-18T23:59:59+00:00"
generated_at: "2026-05-17T06:18:28.071602+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Cincinnati Bell refinances $925.9M Term B-4 loans with new Term B-5; reduces rates on B-1, B-3

## Summary
- Issued $925,937,519.64 in Term B-5 senior secured loans on Sep 17, 2025, fully refinancing Term B-4 loans.
- Interest rate margins on existing Term B-1 and Term B-3 loans reduced under Amendment No. 6.
- No other material terms, conditions, or covenants of the Credit Agreement changed.
- Goldman Sachs Bank USA acted as lead arranger and additional refinancing lender for Term B-5 tranche.

## SEC filing metadata
- accession: 0000950157-25-000796
- form_type: 8-K
- cik: 0000716133
- company_name: CINCINNATI BELL INC
- filed_at: 2025-09-18T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/716133/000095015725000796/0000950157-25-000796-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/716133/000095015725000796/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950157-25-000796
- JSON: https://secwatch.observer/filing/0000950157-25-000796.json
- Plain text: https://secwatch.observer/filing/0000950157-25-000796.txt

## Key facts
- Debt Financings
  CINCINNATI BELL INC incurred term loan of $925,937,519.64 with Goldman Sachs Bank USA, as administrative agent and as the Additional Refinancing Lender and a Term B-5 Lender.
  - Instrument: term loan
  - Principal: $925,937,519.64
  - Counterparty: Goldman Sachs Bank USA, as administrative agent and as the Additional Refinancing Lender and a Term B-5 Lender
  - Event: incurrence
  source text: for (i) a reduction in the interest rate margin applicable to the Term B-1 Loans and the Term B-3 Loans under the Credit Agreement and (ii) the incurrence of a new tranche of $925,937,519.64 senior secured term loans (the “Term B-5 Loans”). The proceeds of the Term B-5 Loans were used to refinance in full the outstanding aggregate principal amount of the Term B-4
  evidence_url: https://www.sec.gov/Archives/edgar/data/716133/000095015725000796/0000950157-25-000796-index.htm
- Debt Financings
  CINCINNATI BELL INC amended credit facility with Goldman Sachs Bank USA, as administrative agent at reduction in the interest rate margin applicable to the Term B-1 Loans and the T.
  - Instrument: credit facility
  - Counterparty: Goldman Sachs Bank USA, as administrative agent
  - Rate: reduction in the interest rate margin applicable to the Term B-1 Loans and the T
  - Event: amendment
  source text: reduction in the interest rate margin applicable to the Term B-1 Loans and the Term B-3 Loans
  evidence_url: https://www.sec.gov/Archives/edgar/data/716133/000095015725000796/0000950157-25-000796-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.