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Lumen Technologies’ TSA transactions attract over $15bn

The company has recently also closed a new US$1 billion revolving credit facility maturing in June 2028 and completed the private placement of US$1.325 billion aggregate principal amount of senior secured notes due November 2029.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

March 26, 2024 | 8:31 PM GMT

Lumen Technologies’ TSA transactions attract over $15bn

Kate Johnson, Lumen's new President, Chief Executive Officer. Source: Lumen Technologies

The Tech Capital

Lumen Technologies, Inc. (NYSE: LUMN) has completed the transactions contemplated by the previously announced amended and restated transaction support agreement (the "TSA") that the company, Level 3 Financing, Inc. and Qwest Corporation entered into with certain of the company's creditors.

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João Marques Lima

Founder and Editor, The Tech Capital

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