• Level 3 Financing, an indirect Lumen unit, completed an offering of USD 1 billion of 7.5% Senior Notes due 2037 on May 21, 2026.
• The debt was issued under an indenture with U.S. Bank Trust Company, National Association as trustee.
• Net proceeds were used in part to buy back certain unsecured notes through concurrent tender offers, covering related fees and expenses.
• The notes pay interest semiannually starting Feb. 15, 2027.
• They are senior unsecured obligations with guarantees from Level 3 Parent and certain material domestic subsidiaries, with additional subsidiary guarantees expected once regulatory approvals are obtained.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lumen Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-234400), on May 21, 2026, and is solely responsible for the information contained therein.