Lumen Technologies completes redemption of Qwest Corporation Notes
Lumen Technologies (NYSE: LUMN) has announced the successful redemption of all $775 million principal amount of its 6.125% Notes due 2053, executed by its subsidiary Qwest Corporation. The redemption was completed at par, plus accrued and unpaid interest, prior to the designated redemption date. This strategic move reflects Lumen's commitment to managing its debt effectively and optimizing its financial structure.
- Completion of $775 million redemption of 6.125% Notes, enhancing financial flexibility.
- None.
DENVER, Dec. 14, 2020 /PRNewswire/ -- Lumen Technologies* (NYSE: LUMN) announced today that Qwest Corporation, its indirect, wholly-owned subsidiary, completed its previously announced redemption of all
About Lumen
Lumen is guided by our belief that humanity is at its best when technology advances the way we live and work. With approximately 450,000 route fiber miles and serving customers in more than 60 countries, we deliver the fastest, most secure platform for applications and data to help businesses, government and communities deliver amazing experiences.
Learn more about the Lumen network, edge cloud, security, communication and collaboration solutions and our purpose to further human progress through technology at news.lumen.com, LinkedIn: /lumentechnologies, Twitter: @lumentechco, Facebook: /lumentechnologies, Instagram: @lumentechnologies and YouTube: /lumentechnologies. Lumen and Lumen Technologies are registered trademarks of Lumen Technologies LLC in the United States. Lumen Technologies LLC is a wholly-owned affiliate of CenturyLink Inc.
* The Lumen brand was launched on Sept. 14, 2020. As a result, CenturyLink Inc. is referred to as Lumen Technologies, or simply Lumen. The legal name CenturyLink, Inc. is expected to be formally changed to Lumen Technologies, Inc. upon satisfying all applicable legal requirements.
Forward-Looking Statements
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SOURCE Lumen Technologies
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