Lumen Technologies

  • Lumen Technologies Upsizes and Prices Additional 8.500% Senior Notes Due 2036

    Lumen Technologies upsizes its senior notes offering to $650 million, adding to its 2036 notes. The company plans to use the proceeds to repurchase existing second lien notes and for general corporate purposes. This move is part of Lumen’s strategy to optimize its debt structure, reduce interest expenses, and enhance financial flexibility for investments in its network infrastructure to support growing demand for bandwidth-intensive technologies.

    11 hours ago