secwatch.observer — SEC 8-K summary
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Issuer:     Lumen Technologies, Inc. (LUMN)
CIK:        0000018926
Form:       8-K
Filed at:   2024-09-17T23:59:59+00:00
Accession:  0001193125-24-220282
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lumen and Level 3 early tender results: $850M secured notes exchange, Level 3 cap reached
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- Lumen accepted $136.9M of 2026 notes, $187.9M of 2027 notes, $80.3M of 2028 notes, $85.6M of 2029 notes.
- Level 3 accepted $76.6M of 3.400% notes, $280.5M of 4.625% notes (prorated), none of 4.250% notes.
- Early settlement expected Sept 24, 2024; exchange offers expire Oct 1, 2024.
- Lumen issuing up to $438.3M in 10.000% secured notes due 2032 plus $13.7M cash for 2026 notes.
- Level 3 issuing up to $350.0M in 10.000% second lien notes due 2032.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/18926/000119312524220282/0001193125-24-220282-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/18926/000119312524220282/d824772d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-220282

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer