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18.08.25 - 16:06
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Lumen Technologies Names Sean Alexander as Head of Connected Ecosystems (Business Wire)
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Veteran AI and cloud executive to lead co-innovation, ecosystem growth, and enterprise value creationDENVER--(BUSINESS WIRE)--Lumen Technologies (NYSE: LUMN) today announced the appointment of Sean Alexander as Senior Vice President of Connected Ecosystems. A seasoned enterprise growth leader and founding executive of Microsoft AI, Alexander will be responsible for building and scaling a world-class business development team that drives customer co-innovation, strategic partnerships, and new revenue streams for Lumen.
“Sean brings a rare combination of technical depth, market vision, and go-to-market execution,” said Ashley Haynes-Gaspar, Executive Vice President and Chief Revenue Officer at Lumen. “He's the right leader to expand our enterprise ecosystem and turn innovation into growth and customer impact.”
Reporting directly to Haynes-Gaspar, Alexander will lead efforts to develop and validate customer use cases that shape the company's product roadmap–ensuring Lumen's platform delivers pro...
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04.08.25 - 23:12
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Lumen Technologies, Inc. Announces Upsize and Pricing of First Lien Notes Due 2034 (Business Wire)
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DENVER--(BUSINESS WIRE)--Lumen Technologies, Inc. (“Lumen”, “us,” “we” or “our”) (NYSE: LUMN) today announced that its wholly-owned subsidiary, Level 3 Financing, Inc. (“Level 3 Financing”), has agreed to sell $2.00 billion aggregate principal amount of its 7.000% First Lien Notes due 2034 (the “First Lien Notes”), which represents a $750 million increase from the previously announced size of the offering.
The First Lien Notes were priced to investors at par and will mature on March 31, 2034. Upon issuance, the First Lien Notes will be fully and unconditionally guaranteed, jointly and severally, on a first lien secured basis by Level 3 Parent, LLC, the direct parent of Level 3 Financing, and certain unregulated subsidiaries of the Issuer.
Level 3 Financing intends to use the net proceeds from this offering, together with cash on hand, to redeem all $1,408,435,434 outstanding principal amount of Level 3 Financing's 11.000% First Lien Notes due 2029, and to partially redeem Level 3 ...
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04.08.25 - 15:00
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Lumen Technologies, Inc. Announces Offering of First Lien Notes Due 2034 (Business Wire)
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DENVER--(BUSINESS WIRE)--Lumen Technologies, Inc. (“Lumen,” “us,” “we” or “our”) (NYSE: LUMN) today announced that its wholly-owned subsidiary, Level 3 Financing, Inc. (“Level 3 Financing”), plans to offer $1.25 billion aggregate principal amount of First Lien Notes due 2034 (the “First Lien Notes”).
Level 3 Financing intends to use the net proceeds from this offering, together with cash on hand, to partially redeem $1,075,000,000 aggregate principal amount of Level 3 Financing's 11.000% First Lien Notes due 2029, including payment of redemption premium, and to pay related fees and expenses.
The First Lien Notes will not be registered under the Securities Act of 1933 (the “Securities Act”) or any state securities laws in the United States and may not be offered or sold in the United States absent registration or an exemption from the applicable registration requirements. Accordingly, the First Lien Notes are being offered and sold only to persons reasonably believed to be qual...
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