Lumen Technologies announces upsize and pricing of first lien notes due 2033

  • Lumen Technologies (NYSE:LUMN) on Monday announced that its wholly-owned subsidiary, Level 3 Financing, has agreed to sell $2 billion aggregate principal amount of its 6.875% First Lien Notes due 2033, which represents a $1 billion increase from the previously announced size of the offering.
  • The First Lien Notes were priced to investors at par and will mature on June 30, 2033.
  • The offering is expected to be completed on June 30, 2025.
  • Source: Press Release

Leave a Reply

Your email address will not be published. Required fields are marked *