secwatch.observer — SEC 8-K summary
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Issuer:     Lumen Technologies, Inc. (LUMN)
CIK:        0000018926
Form:       8-K
Filed at:   2026-01-09T23:59:59+00:00
Accession:  0001193125-26-009027
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/18926/000119312526009027/0001193125-26-009027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/18926/000119312526009027/d71058d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-009027

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