secwatch / observer
8-K filed May 13, 2026, 9:45 PM ET ticker LUMN CIK 0000018926
debt confidence high sentiment positive materiality 0.65

Lumen Technologies, Inc. (LUMN): debt financing — Lumen subsidiary Level 3 refinances $2.4B term loan, cuts margin to SOFR+2.75%

Lumen Technologies, Inc.

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. amended credit facility with Wilmington Trust, National Association at SOFR plus 2.75% maturing March 27, 2032.

Instrument
credit facility
Counterparty
Wilmington Trust, National Association
Rate
SOFR plus 2.75%
Maturity
March 27, 2032
Event
amendment
Exact text from the filing
entered into an amendment to the Existing Level 3 Credit Agreement (the “Third Amendment”)
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Lumen Technologies, Inc. amended Third Amendment with Level 3 Financing, Inc.; Level 3 Parent, LLC; Wilmington Trust, National Association valued at $2,400 million (effective 2026-05-13).

Action
amendment
Agreement
credit facility
Counterparty
Level 3 Financing, Inc.; Level 3 Parent, LLC; Wilmington Trust, National Association
Value
$2,400 million
Effective
2026-05-13
Exact text from the filing
On May 13, 2026 (the “Amendment Date”), Level 3 Financing, Inc. (“Level 3”), an indirect wholly owned subsidiary of Lumen Technologies, Inc. (the “Company”) and a direct wholly owned subsidiary of Level 3 Parent, LLC (“Level 3 Parent”), (i) refinanced all of the outstanding secured term B-4 loan facilities under its existing Credit Agreement, dated March 22, 2024 (the “Existing Level 3 Credit Agreement”), by and among Level 3, Level 3 Parent, Wilmington Trust, National Association, as administrative agent and collateral agent, and the lenders from time to time party thereto and (ii) entered into an amendment to the Existing Level 3 Credit Agreement (the “Third Amendment”) (the transactions referred to in clauses (i) and (ii), the “Credit Facilities Transactions”).
View on SEC.gov

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Lumen Technologies, Inc. filing history →

Source: SEC EDGAR
accession 0001193125-26-222375
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