QWEST CORP (CTBB) Form 8-K — May 20, 2026
Lumen Technologies and its subsidiary Qwest Corporation have entered into a Support Agreement with certain noteholders, securing commitments to tender approximately $456 million of Qwest’s outstanding debt in an exchange offer. The agreement covers $296.5 million of 6.5% Notes due 2056 and $159.5 million of 6.75% Notes due 2057, which will be exchanged for new notes due in 2051 and 2052, respectively. Lumen has also amended the terms of its previously announced exchange offers, eliminating the early tender participation date and extending the expiration date to June 9, 2026.
Key figures
- Debt Amount
- 456000000
- Consent fee per 25
- 0.0625
- Exchange offer expiration
- 2026-06-09
- Existing 2056 notes tendered
- 296500000
- Existing 2057 notes tendered
- 159500000
- Support agreement termination
- 2026-06-30
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.