Lumen Technologies, Inc. (LUMN), Thursday announced that its subsidiary, Level 3 Financing, Inc., plans to offer an additional $425 million aggregate principal amount of its 7.000 percent First Lien Notes due 2034.
The subsidiary intends to use the proceeds, along with cash on hand, to redeem all $373 million aggregate principal amount of Level 3 Financing's 10.750 percent First Lien Notes due 2030, including payment of redemption premium, and to pay related fees and expenses.
In the pre-market hours, LUMN is trading at $4.75, up 0.61 percent on the New York Stock Exchange.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.