---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-141702"
form_type: "8-K"
ticker: "LUMN"
cik: "0000018926"
company_name: "Lumen Technologies, Inc."
filed_at: "2025-06-17T23:59:59+00:00"
generated_at: "2026-05-19T05:15:04.515349+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Lumen sub Level 3 upsizes note offering to $2B at 6.875%, redeems higher-cost debt

## Summary
- Level 3 Financing upsized offering from $1B to $2B of 6.875% First Lien Notes due 2033.
- Proceeds to redeem $924.5M of 10.5% notes due 2030 and $667.7M of 10.5% notes due 2029.
- Also partially redeems 11.0% First Lien Notes due 2029; includes redemption premium.
- Offer expected to close June 30, 2025, subject to customary conditions.
- Refinancing reduces average coupon on replaced debt from ~10.5% to 6.875%.

## SEC filing metadata
- accession: 0001193125-25-141702
- form_type: 8-K
- ticker: LUMN
- cik: 0000018926
- company_name: Lumen Technologies, Inc.
- filed_at: 2025-06-17T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/18926/000119312525141702/0001193125-25-141702-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/18926/000119312525141702/d57279d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-141702
- JSON: https://secwatch.observer/filing/0001193125-25-141702.json
- Plain text: https://secwatch.observer/filing/0001193125-25-141702.txt

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