(NYSE:LUMN) DENVER--(BUSINESS WIRE)--Lumen Technologies, Inc. (āLumenā, āus,ā āweā or āourā) (NYSE: LUMN) today announced that its wholly-owned subsidiary, Level 3 Financing, Inc. (āLevel 3 Financingā), plans to offer an additional $425 million aggregate principal amount of its 7.000% First Lien Notes due 2034 (the āAdditional First Lien Notes ā). The Additional First Lien Notes are being offered as a further issuance of Level 3 Financing's 7.000% First Lien Notes due 2034, of which $2 billion aggregate pr
Related Questions
How will the $425āÆmillion additional 7% senior secured note issuance affect Lumenās leverage ratios and credit ratings?
What is the expected use of proceeds and how might it influence Lumenās cash flow and dividend policy?
How does the pricing and yield of these notes compare to similar senior secured offerings in the telecom sector and what impact could this have on the stockās valuation?