Lumen Technologies Inc Stock Price, News & Analysis

Lumen (NYSE: LUMN) subsidiary Level 3 Financing agreed to sell an additional $650 million aggregate principal amount of 8.500% Senior Notes due 2036, upsizing the offering by $50 million from the previously announced size.

The Additional Notes priced at 101.750% and will mature on Jan. 15, 2036. They will form a single series with the $1.25 billion initial issuance from Dec. 23, 2025, and are guaranteed by Level 3 Parent and certain unregulated subsidiaries. Net proceeds are intended to fund purchases of specified existing second lien notes and related costs, with any remainder for fees and general corporate purposes.

Lumen Technologies (NYSE: LUMN) subsidiary Level 3 Financing announced an offering of an additional $600 million aggregate principal amount of its 8.500% Senior Notes due 2036 on Jan 5, 2026.

The Additional Notes will form a single series with the $1.25 billion of Initial Notes issued Dec. 23, 2025 and have the same terms except for issue date and price. Net proceeds are intended to fund purchases of certain Existing Second Lien Notes not bought at Early Settlement and to pay related accrued interest, fees and expenses, with remaining proceeds for offering costs and general corporate purposes.

Level 3 Financing previously purchased $1,568,804,800 of Existing Second Lien Notes at Early Settlement. The Tender Offers and Consent Solicitations expire at 5:00 p.m. EST on Jan. 7, 2026 unless extended.

Lumen Technologies (NYSE: LUMN) subsidiary Level 3 Financing announced early results and amendments to its cash tender offers and consent solicitations for four series of Existing Second Lien Notes.

As of the Early Tender Deadline (Dec 19, 2025), approximately $2.124 billion aggregate principal was validly tendered and $1.5 billion was accepted for purchase. Total Consideration per $1,000 varies by series ($915.00–$985.00). Requisite consents to proposed indenture amendments and collateral release were received for the 2031 and 2030 series; 2029 acceptance is conditioned on a minimum $1.75 billion debt financing. Expiration is currently Jan 7, 2026 with settlement dates expected Dec 23, 2025 (early) and Jan 9, 2026 (final).

Lumen Technologies (NYSE: LUMN) said wholly owned Level 3 Financing agreed to sell $1.25 billion of 8.500% Senior Notes due Jan. 15, 2036, an increase of $500 million from the prior size. The Notes priced at 100.000% and will be guaranteed by Level 3 Parent and certain unregulated subsidiaries.

Level 3 Financing intends to use net proceeds, together with cash on hand if needed, to purchase Existing Second Lien Notes in concurrent cash Tender Offers up to an Aggregate Purchase Price of $1.5 billion (increased from $1.0 billion). The financing is expected to close on Dec. 23, 2025 and the Notes will be offered only to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S.

Lumen Technologies (NYSE: LUMN) subsidiary Level 3 Financing plans a $750 million offering of Senior Notes due 2036 and concurrent cash tender offers to buy up to $1.0 billion aggregate principal of four series of existing second lien notes.

Early Tender Deadline is Dec 19, 2025 to receive a $30 per $1,000 Early Tender Premium; Tender Offers and Consent Solicitations expire Jan 7, 2026. Proceeds will repay the Existing Second Lien Notes, related fees, and for general corporate purposes if unused.

Lumen Technologies (NYSE: LUMN) announced that Jim Fowler will become Executive Vice President and Chief Technology & Product Officer, effective Jan. 5, 2026. Fowler succeeds Dave Ward, who is departing to join Salesforce and will remain at Lumen through Jan. 23, 2026 to support the transition.

Fowler previously served on Lumen's board since 2023 and has stepped down from the board effective immediately. He joins from Nationwide Insurance, where he was Executive Vice President and Chief Technology Officer, and earlier held senior technology roles at General Electric and AT&T. Lumen said the leadership change is not expected to alter its previously communicated technology roadmap or strategic growth priorities and noted its Investor Day on Feb. 25, 2026.

Lumen (NYSE: LUMN) committed $1 million to renew its Teachers and Technology grant program to help K-12 educators purchase classroom technology. Individual grants of up to $5,000 will be awarded to schools across 10 eligible states: Arizona, Colorado, Florida, Louisiana, North Carolina, Minnesota, Oregon, Texas, Washington, and Utah.

Online applications are open through Jan. 15, 2026, and grant recipients will be announced by May 1, 2026. Since 2010 Lumen has donated nearly $12 million and supported technology upgrades in more than 2,000 classrooms.

Lumen (NYSE: LUMN) launched Lumen Defender Managed Rules for AWS Network Firewall, now available on AWS Marketplace to bring Black Lotus Labs threat intelligence into AWS Network Firewall. The managed rule group allows customers to subscribe in AWS Marketplace and apply curated rules directly from the AWS Network Firewall console.

Key capabilities include backbone-powered indicators, continuous updates, enriched threat context, and claims of upstream visibility from processing over 200 billion NetFlow sessions daily to help detect and block botnets, malware, and nation-state infrastructure earlier in the kill chain.

Lumen (NYSE: LUMN) launched Lumen Defender Advanced Managed Detection and Response (AMDR) with Microsoft Sentinel on November 19, 2025, a fully managed, cloud-native security service that pairs Microsoft Sentinel with Lumen’s Black Lotus Labs threat intelligence and SOC services.

The solution offers flexible SIEM integration, co-managed or fully outsourced operations, preview access to the Lumen Defender Threat Feed for Sentinel, Microsoft Defender XDR integration options, and purchasing based on ingestion and incidents handled.