{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-088265","form_type":"8-K","ticker":"LUMN","cik":"0000018926","company_name":"Lumen Technologies, Inc.","filed_at":"2023-03-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.392429+00:00","generated_at":"2026-06-17T08:32:44.505649+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Lumen subsidiary issues $915M 10.5% secured notes, reduces consolidated debt by $620M","bullets":["Lumen subsidiary issued ~$915M of 10.5% Senior Secured Notes due 2030 for ~$1.535B of Lumen unsecured notes.","Net reduction in Lumen's consolidated debt of ~$620M.","Early tender results: $1.535B principal tendered; 2029 Combined Cap raised to $460M.","New Notes mature May 15, 2030; interest 10.5% semi-annual; secured senior lien.","Exchange offers expire April 13, 2023; tenders no longer withdrawable."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-088265","json":"https://secwatch.observer/filing/0001193125-23-088265.json","markdown":"https://secwatch.observer/filing/0001193125-23-088265.md","text":"https://secwatch.observer/filing/0001193125-23-088265.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/18926/000119312523088265/0001193125-23-088265-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/18926/000119312523088265/d473162d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T08:32:44.505649+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"35d44246f2cb5b3a38c1d503da8874fbc6ab5311","claim":"Lumen Technologies, Inc. incurred senior notes of approximately $915 million aggregate principal amount with The Bank of New York Mellon Trust Company, N.A., as Trustee and Note Collateral Agent at 10.500% maturing May 15, 2030.","evidence_excerpt":"On March 31, 2023, in connection with completing the early settlement of the Exchange Offers (the “Early Settlement Transactions”), Level 3 Financing issued approximately $915 million aggregate principal amount of New Notes in exchange for approximately $1.535 billion aggregate principal amount of Lumen Notes. The Exchange Offers are only being made, and the","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/18926/000119312523088265/0001193125-23-088265-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"approximately $915 million aggregate principal amount"},{"label":"Counterparty","value":"The Bank of New York Mellon Trust Company, N.A., as Trustee and Note Collateral Agent"},{"label":"Rate","value":"10.500%"},{"label":"Maturity","value":"May 15, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"8abdcf863b71032f400cd88e8d4b9e9aef568503","claim":"Lumen Technologies, Inc. entered into Indenture with The Bank of New York Mellon Trust Company, N.A. (effective 2023-03-31).","evidence_excerpt":"Level 3 Financing, as Issuer, Level 3 Parent, LLC (“Level 3 Parent”), as a Guarantor, certain subsidiaries of Level 3 Financing, as Guarantors, and The Bank of New York Mellon Trust Company, N.A., as Trustee and Note Collateral Agent, entered into an Indenture dated March 31, 2023 (the “Indenture), which governs the terms of the New Notes issued on such date.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/18926/000119312523088265/0001193125-23-088265-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"The Bank of New York Mellon Trust Company, N.A."},{"label":"Effective","value":"2023-03-31"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}