Lumen Technologies, Inc. (LUMN): debt financing — Lumen subsidiary Level 3 Financing issues $425M of 7.000% notes to redeem $373M of 10.750% notes

Lumen Technologies, Inc.

Level 3 Financing, Inc. issued $425M aggregate principal of 7.000% First Lien Notes due 2034 on September 8, 2025.
Proceeds together with cash will redeem all $373M of Level 3 Financing's 10.750% First Lien Notes due 2030, including premium.
The new notes form a single series with the $2.0B Initial Notes issued August 18, 2025 under the same indenture.
Interest on the new notes accrues from August 18, 2025 and is payable March 31 and September 30 starting March 31, 2026.
The notes are senior secured obligations guaranteed by Level 3 Parent and certain domestic subsidiaries.

item 1.01 item 2.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Lumen Technologies, Inc. incurred senior notes of $425,000,000 at 7.000% maturing due 2034.

Instrument: senior notes
Principal: $425,000,000
Rate: 7.000%
Maturity: due 2034
Event: incurrence

Exact text from the filing

On September 8, 2025, Level 3 Financing, Inc. (“Level 3 Financing”), a direct wholly-owned subsidiary of Level 3 Parent, LLC (“Parent”) and an indirect wholly-owned subsidiary of Lumen Technologies, Inc. (“Lumen,” “us,” “we” or “our”) completed its previously-announced offering of an additional $425,000,000 aggregate principal amount of its 7.000% First Lien Notes due 2034 (the “New Notes”).

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Lumen Technologies, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-198334

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