Lumen Technologies, Inc. - Form 8-K

Lumen Technologies, Inc. (Lumen) announced that its indirect wholly-owned subsidiary, Level 3 Financing, Inc. (Level 3 Financing), has completed an offering of $1.00 billion aggregate principal amount of its 7.500% Senior Notes due 2037. In connection with this offering, Level 3 Financing entered into an indenture with U.S. Bank Trust Company, National Association, as trustee, establishing the terms of these Notes. The proceeds from the offering were used to fund the purchase of certain unsecured notes and pay related fees and expenses. Interest on the Notes accrues from May 21, 2026, and is payable semi-annually. The Notes are senior unsecured obligations of Level 3 Financing, guaranteed by Level 3 Parent and certain of its domestic subsidiaries. The indenture includes customary events of default and restrictive covenants, and the Notes are not registered under the Securities Act of 1933.