Markets LUMN

Lumen Technologies Subsidiary Level 3 Financing Plans To Offer $1.25 Bln Notes Due 2034

August 04, 2025 — 09:42 am EDT

Written by RTTNews.com for RTTNews

(RTTNews) - Lumen Technologies, Inc. (LUMN) Monday announced that its wholly-owned subsidiary, Level 3 Financing, Inc. plans to offer $1.25 billion aggregate principal amount of First Lien Notes due 2034.

Level 3 Financing intends to use the net proceeds from this offering, together with cash on hand, to partially redeem $1.075 billion aggregate principal amount of Level 3 Financing's 11.000% First Lien Notes due 2029, including payment of redemption premium, and to pay related fees and expenses.

Lumen Technologies is an American telecommunications company headquartered in Monroe, Louisiana, which offers communications, network services, security, cloud solutions, voice and managed services through its fiber optic and copper networks, as well as its data centers and cloud computing services.

RTTNews
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
More articles by this source

Tags

Markets
Stocks Mentioned
LUMN

Latest Articles
Data is currently not available