Lumen Announces a Refinancing of its Term Loans under the Level 3 Financing, Inc. Credit Agreement [Yahoo! Finance]
Lumen Technologies, Inc. (LUMN)
Company Research
Source: Yahoo! Finance
a refinancing transaction at Level 3 Financing, Inc. ("Level 3"), giving it greater financial flexibility and stability to fund its transformation. All of Level 3's existing term loans under its Credit Agreement, dated March 22, 2024 (the "Credit Agreement"), were replaced with a new $2.4 billion term loan maturing in 2032 and priced at Term SOFR + 4.25%. The refinancing represents (i) a 30-month maturity extension on a blended basis, and (ii) an interest rate reduction of 231 basis points resulting in annual interest savings of over $55 million . Additionally, in connection with the refinancing transaction, certain other modifications were made to the covenants in the Credit Agreement to provide additional flexibility to Level 3. "We continue to make significant strides in strengthening our financial position, and this refinancing marks another key milestone in fortifying the company's balance sheet and freeing up capital to serve our long-term growth," said Chris Stansbury , Execu
Show less
Read more
Impact Snapshot
Event Time:
LUMN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LUMN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LUMN alerts
High impacting Lumen Technologies, Inc. news events
Weekly update
A roundup of the hottest topics
LUMN
News
- Jim Cramer on Lumen Technologies: “I Think the Stock's Run Too Much” [Yahoo! Finance]Yahoo! Finance
- Assessing Lumen Technologies After 2025 Rally and Balance Sheet Reshaping [Yahoo! Finance]Yahoo! Finance
- Lumen Technologies: Turnaround Gaining Steam [Seeking Alpha]Seeking Alpha
- DartPoints Appoints Industry Veteran Kevin Bostick as Chief Financial Officer [Yahoo! Finance]Yahoo! Finance
- Sinch appoints Lindy Puttkammer as new Chief Human Resources Officer [Yahoo! Finance]Yahoo! Finance
LUMN
Earnings
- 10/30/25 - Beat
LUMN
Sec Filings
- 12/9/25 - Form 8-K
- 11/12/25 - Form 4
- 10/30/25 - Form 10-Q
- LUMN's page on the SEC website