{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-222375","form_type":"8-K","ticker":"LUMN","cik":"0000018926","company_name":"Lumen Technologies, Inc.","filed_at":"2026-05-14T01:45:26+00:00","discovered_at":"2026-05-14T10:10:00.383838+00:00","generated_at":"2026-05-14T10:14:19.817909+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Lumen subsidiary Level 3 refinances $2.4B term loan, cuts margin to SOFR+2.75%","bullets":["Term Loan Facility of $2.4B, matures March 27, 2032, with no amortization.","Applicable margin reduced to 2.75% for SOFR loans and 1.75% for base rate loans.","Wilmington Trust to resign as admin agent within 180 days; Bank of America to succeed.","Prepayment allowed without premium except 1.00% for repricing within six months of May 13, 2026.","Guaranteed by Level 3's material domestic subs and an unsecured parent guarantee from Lumen."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-222375","json":"https://secwatch.observer/filing/0001193125-26-222375.json","markdown":"https://secwatch.observer/filing/0001193125-26-222375.md","text":"https://secwatch.observer/filing/0001193125-26-222375.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/18926/000119312526222375/0001193125-26-222375-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/18926/000119312526222375/d288326d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T10:14:19.817909+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a1c26b5d2d5c706526baab6af8233e8ce3517534","claim":"Lumen Technologies, Inc. amended credit facility with Wilmington Trust, National Association at SOFR plus 2.75% maturing March 27, 2032.","evidence_excerpt":"entered into an amendment to the Existing Level 3 Credit Agreement (the “Third Amendment”)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/18926/000119312526222375/0001193125-26-222375-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Counterparty","value":"Wilmington Trust, National Association"},{"label":"Rate","value":"SOFR plus 2.75%"},{"label":"Maturity","value":"March 27, 2032"},{"label":"Event","value":"amendment"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}