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Lumen Technologies | 8-K: Current report

Lumen Technologies | 8-K:重大事件

SEC announcement ·  03/28 22:33
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On March 22, 2024, Lumen Technologies, Inc. (Lumen) successfully completed a series of financial transactions as part of an Amended and Restated Transaction Support Agreement (A&R TSA) with Level 3 Financing, Inc., Qwest Corporation, and various debt holders. This included entering into an Amendment Agreement to modify the existing credit agreement, issuing new superpriority secured notes, and amending credit agreements for Level 3 Financing, Inc. The transactions involved the creation of new credit facilities, the issuance of superpriority revolving and term loan credit agreements, and the exchange and issuance of new first and second lien secured notes. These financial restructuring efforts were aimed at improving the capital structure of Lumen and its subsidiaries, including Level 3 and Qwest. The company also terminated Qwest's previous credit agreement. The details of these agreements, including the terms of the loans and notes, are outlined in the exhibits filed with the SEC and are part of a strategic effort to manage the company's debt and leverage ratios.
On March 22, 2024, Lumen Technologies, Inc. (Lumen) successfully completed a series of financial transactions as part of an Amended and Restated Transaction Support Agreement (A&R TSA) with Level 3 Financing, Inc., Qwest Corporation, and various debt holders. This included entering into an Amendment Agreement to modify the existing credit agreement, issuing new superpriority secured notes, and amending credit agreements for Level 3 Financing, Inc. The transactions involved the creation of new credit facilities, the issuance of superpriority revolving and term loan credit agreements, and the exchange and issuance of new first and second lien secured notes. These financial restructuring efforts were aimed at improving the capital structure of Lumen and its subsidiaries, including Level 3 and Qwest. The company also terminated Qwest's previous credit agreement. The details of these agreements, including the terms of the loans and notes, are outlined in the exhibits filed with the SEC and are part of a strategic effort to manage the company's debt and leverage ratios.
2024年3月22日,Lumen Technologies, Inc.(Lumen)成功完成了與Level 3 Financing, Inc.、Qwest Corporation和各種債務持有人簽訂的經修訂和重述的交易支持協議(A&R TSA)的一系列金融交易。這包括簽訂修改現有信貸協議的修正協議,發行新的超級優先擔保票據,以及修訂Level 3 Financing, Inc.的信貸協議。這些交易涉及創建新的信貸額度,發行超級優先循環和定期貸款信貸協議,以及交換和發行新的第一和第二留置權擔保票據。這些財務重組工作旨在改善Lumen及其子公司的資本結構,包括Level 3和Qwest。該公司還終止了Qwest先前的信貸協議。向美國證券交易委員會提交的證物中概述了這些協議的細節,包括貸款和票據的條款,是管理公司債務和槓桿比率的戰略努力的一部分。
2024年3月22日,Lumen Technologies, Inc.(Lumen)成功完成了與Level 3 Financing, Inc.、Qwest Corporation和各種債務持有人簽訂的經修訂和重述的交易支持協議(A&R TSA)的一系列金融交易。這包括簽訂修改現有信貸協議的修正協議,發行新的超級優先擔保票據,以及修訂Level 3 Financing, Inc.的信貸協議。這些交易涉及創建新的信貸額度,發行超級優先循環和定期貸款信貸協議,以及交換和發行新的第一和第二留置權擔保票據。這些財務重組工作旨在改善Lumen及其子公司的資本結構,包括Level 3和Qwest。該公司還終止了Qwest先前的信貸協議。向美國證券交易委員會提交的證物中概述了這些協議的細節,包括貸款和票據的條款,是管理公司債務和槓桿比率的戰略努力的一部分。
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