Lumen Technologies, Inc. Announces Pricing of its 7.500% Senior Notes Due 2037
Lumen Technologies priced $1 billion in aggregate principal amount of its 7.500% Senior Notes due 2037 at 100.000% of par. The company intends to use a portion of the net proceeds to fund a concurrent cash tender offer for existing unsecured notes issued by Lumen, Level 3 Financing, and Qwest Capital Funding, with any remaining proceeds applied to general corporate purposes.
Key figures
- Deal Value Usd
- 1000000000
- Price
- 100.000%
- Coupon rate
- 7.500%
- Maturity date
- February 15, 2037
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