Lumen Technologies' $1B Refinancing
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LUMNInsider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
•Technology
Technology
Lumen (LUMN) Subsidiary to Raise $1B for AI-Focused Debt Refinancing

80% Informative
Lumen Technologies, Inc. announced its wholly owned subsidiary Level 3 Financing plans to raise $1 billion in the market to refinance debt.
The refinancing move extends the maturity date of Level 3 financing debt from 2030 to 2033.
The company is a global communications and IT services company that offers solutions that help businesses connect people’s data and applications securely.
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