---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-009027"
form_type: "8-K"
ticker: "LUMN"
cik: "0000018926"
company_name: "Lumen Technologies, Inc."
filed_at: "2026-01-09T23:59:59+00:00"
generated_at: "2026-05-16T11:06:04.772081+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lumen sub Level 3 Financing issues additional $650M of 8.5% notes due 2036 for tender offers

## Summary
- Upsized offering to $1.9B total ($1.25B initial + $650M additional) of 8.500% Senior Notes due 2036.
- Net proceeds used to buy existing second lien notes not previously purchased; remainder for fees and corporate purposes.
- Supplemental indenture for 4.875% Second Lien Notes due 2029 eliminates restrictive covenants and releases collateral.
- New notes are senior unsecured, rank equally with other unsecured debt, effectively subordinated to secured obligations.
- Interest at 8.500% payable Jan 15 and Jul 15, starting Jul 15, 2026; make-whole call prior to Jan 15, 2031.

## SEC filing metadata
- accession: 0001193125-26-009027
- form_type: 8-K
- ticker: LUMN
- cik: 0000018926
- company_name: Lumen Technologies, Inc.
- filed_at: 2026-01-09T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/18926/000119312526009027/0001193125-26-009027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/18926/000119312526009027/d71058d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-009027
- JSON: https://secwatch.observer/filing/0001193125-26-009027.json
- Plain text: https://secwatch.observer/filing/0001193125-26-009027.txt

## Key facts
- Material Agreements
  Lumen Technologies, Inc. entered into Indenture with U.S. Bank Trust Company, National Association valued at $650 million aggregate principal amount (effective 2026-01-09).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: U.S. Bank Trust Company, National Association
  - Value: $650 million aggregate principal amount
  - Effective: 2026-01-09
  source text: On January 9, 2026, 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 upsized offering of additional $650 million aggregate principal amount of its 8.500% Senior Notes due 2036 (the “New Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/18926/000119312526009027/0001193125-26-009027-index.htm

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