debt
confidence high
sentiment neutral
materiality 0.60
Qwest issues $1.38B in new notes due 2051/52; eliminates restrictive covenants on old notes
QWEST CORP
- Issued $1.002B of 6.500% Notes due 2051 and $381.5M of 6.750% Notes due 2052.
- New notes are fully and unconditionally guaranteed by Lumen Technologies.
- Consents obtained to eliminate substantially all restrictive covenants on old notes (6.5% 2056, 6.75% 2057).
- New 6.500% 2051 notes ($25 denom.) and 6.750% 2052 notes to list on NYSE under CTGG, CTHH.
- Settlement completed June 11, 2026; notes registered under Form S-4 prospectus.