<p>丹佛 --（商业资讯）--Lumen Technologies, Inc.（“Lumen”，“我们” 或 “我们的”）（纽约证券交易所代码：LUMN）今天宣布，其全资子公司 Level 3 Financing, Inc.（“Level 3 Financing”）已同意出售总额为 12.5 亿美元的 8.500% 高级票据，到期日为 2036 年（“票据”），这比之前宣布的发行规模增加了 5 亿美元。</p>
<p>票据的定价为其总本金金额的 100.000%，将于 2036 年 1 月 15 日到期。发行时，票据将由 Level 3 Financing 的直接母公司 Level 3 Parent, LLC 及其某些未受监管的子公司全额和无条件担保，担保方式为非次级和无担保。</p>
<p>Level 3 Financing 打算将此次发行的净收益与现有现金或其他可用流动资金（如有必要）结合使用，以购买其现有的第二留置权票据（定义见下文），根据要约收购（定义见下文）进行，并支付相关费用和支出。在未用于购买要约收购中的现有第二留置权票据和支付相关费用和支出时，Level 3 Financing 打算将净收益用于一般企业用途。票据的发行预计将于 2025 年 12 月 23 日完成，前提是满足或放弃惯例的交割条件。</p>
<p>与此次发行同时进行，Level 3 正在进行现金要约收购（“要约收购”，每个称为 “要约”），以购买下述未偿还票据，依据并按照要约收购和征求同意声明中规定的条款和条件进行（“声明”）。在要约收购中提供购买的票据，按优先顺序列出，分别为（1）到期日为 2031 年的 4.000% 第二留置权票据，（2）到期日为 2030 年的 3.875% 第二留置权票据，（3）到期日为 2030 年的 4.500% 第二留置权票据，以及（4）到期日为 2029 年的 4.875% 第二留置权票据（统称为 “现有第二留置权票据”），总购买价格（不包括应计和未支付的利息）最高为 15 亿美元（“总购买价格”）。总购买价格比之前宣布的 10 亿美元有所增加。Level 3 Financing 相应地将满足要约收购中融资条件所需的最低总收益从之前宣布的 7.5 亿美元提高至 12.5 亿美元。</p>
<p>票据不会根据 1933 年证券法（经修订）（“证券法”）或美国任何州的证券法进行注册，并且在未注册或获得适用注册要求的豁免的情况下，可能不会在美国提供或出售。因此，票据仅向合理相信是合格机构买家的人员提供和出售，符合证券法下发布的 144A 规则，并向美国以外的非美国人士提供，符合证券法下发布的 S 规则。票据将不具有注册权利。</p>
<p>本新闻稿不构成出售票据的要约或购买票据的要约征求，也不会在任何此类要约、征求或销售违法的司法管辖区内出售票据。本新闻稿不构成购买现有第二留置权票据的要约或出售现有第二留置权票据的要约征求，也不会在任何此类要约、征求或销售违法的司法管辖区内购买现有第二留置权票据。</p>
<p><strong>关于 Lumen Technologies</strong></p>
<p>Lumen 正在释放世界的数字潜力。我们通过快速、安全和轻松地连接人、数据和应用程序来激发商业增长。作为 AI 的可信网络，Lumen 利用我们网络的规模帮助公司实现 AI 的全部潜力。从城市连接到长途数据传输，再到我们的边缘云、安全、托管服务和数字平台能力，我们满足客户今天的需求，并为他们的未来发展提供支持。</p>
<p>Lumen 和 Lumen Technologies 是 Lumen Technologies, Inc.在美国的注册商标。Level 3 Financing, Inc.是 Lumen Technologies, Inc.的全资附属公司。</p>
<p><strong>前瞻性声明</strong></p>
<p><em>除历史和事实信息外，本公告中所述事项以及我们其他口头或书面声明中使用 “估计”、“预计”、“预期”、“相信”、“计划”、“打算” 等类似表达的内容均为前瞻性声明。这些前瞻性声明并不保证未来结果，且仅基于当前预期，具有固有的投机性，并受到多项假设、风险和不确定性的影响，其中许多超出我们的控制范围。如果这些风险或不确定性中的一个或多个实现，或者基础假设被证明不正确，实际事件和结果可能与我们在这些声明中预期、估计、预测或暗示的内容有重大差异。可能影响实际结果的因素包括但不限于：未能满足或放弃完成票据发行的条件或声明中规定的条件；由于联邦证券法的限制，可能阻碍、损害或延迟上述交易的公司发展；Level 3 Financing 的信用评级变化；Level 3 Financing 或其附属公司的现金需求、财务状况、融资计划或投资计划的变化；影响 Level 3 Financing 按照上述条款或根本无法完成上述交易的能力或意愿的一般市场、经济、税收、监管或行业条件的变化；以及 Lumen 或 Level 3 Parent, LLC 在证券交易委员会的备案中不时提到的其他风险。我们没有义务因任何原因公开更新或修订任何前瞻性声明，无论是由于新信息、未来事件或发展、情况变化或其他原因。我们可能在任何时候出于任何原因更改我们的意图、策略或计划（包括我们在此表达的计划），恕不另行通知。</em></p>
<p><img src="https://imageproxy.pbkrs.com/https://cts.businesswire.com/ct/CT/query-ZGlzdHJvPW54JmlkPWJ3bmV3cyZsYW5nPWVuJnNpZD1hY3FyOCZzdHk9MjAyNTEyMDg2MjU3MjJyMQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://cts.businesswire.com/ct/CT/query-ZGlzdHJvPW54JmlkPWJ3bmV3cyZsYW5nPWVuJnNpZD1hY3FyOCZzdHk9MjAyNTEyMDg2MjU3MjJyMQ"/></p>
<p>在 businesswire.com 上查看源版本：https://www.businesswire.com/news/home/20251208625722/en/</p>
<p><strong>媒体联系人：</strong></p>
<p>Anita J. Gomes</p>
<p>Anita.Gomes@lumen.com</p>
<p>+1 858-229-8538</p>
<p><strong>投资者联系人：</strong></p>
<p>Jim Breen, CFA</p>
<p>Jim.Breen@lumen.com</p>
<p>+1 603-404-7003</p>
<p>来源：Lumen Technologies</p>

LUMN

<p>Lumen Technologies 宣布其 12.5 亿美元 8.500% 的 2036 年到期高级票据的定价，比最初发行增加了 5 亿美元。所得款项将用于购买现有的第二留置权票据和一般企业用途。同时，Level 3 Financing 正在进行未偿还票据的要约收购，将总购买价格提高至 15 亿美元。这些票据仅向合格的机构买家和非美国人士提供，不附带《证券法》下的注册权利</p>

<p>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 $1.25 billion aggregate principal amount of its 8.500% Senior Notes due 2036 (the “Notes”), which represents a $500 million increase from the previously announced size of the offering.</p>
<div class="lb-trans"><p>丹佛 --（商业资讯）--Lumen Technologies, Inc.（“Lumen”，“我们” 或 “我们的”）（纽约证券交易所代码：LUMN）今天宣布，其全资子公司 Level 3 Financing, Inc.（“Level 3 Financing”）已同意出售总额为 12.5 亿美元的 8.500% 高级票据，到期日为 2036 年（“票据”），这比之前宣布的发行规模增加了 5 亿美元。</p>
</div><p>The Notes were priced to investors at a price of 100.000% of their aggregate principal amount and will mature on Jan. 15, 2036. Upon issuance, the Notes will be fully and unconditionally guaranteed, jointly and severally, on an unsubordinated and unsecured basis by Level 3 Parent, LLC, the direct parent of Level 3 Financing, and certain unregulated subsidiaries of Level 3 Financing.</p>
<div class="lb-trans"><p>票据的定价为其总本金金额的 100.000%，将于 2036 年 1 月 15 日到期。发行时，票据将由 Level 3 Financing 的直接母公司 Level 3 Parent, LLC 及其某些未受监管的子公司全额和无条件担保，担保方式为非次级和无担保。</p>
</div><p>Level 3 Financing intends to use the net proceeds from this offering, together with cash on hand or other available liquidity, if necessary, to purchase its Existing Second Lien Notes (as defined below) pursuant to the Tender Offers (as defined below) and to pay related fees and expenses. To the extent not applied to purchase the Existing Second Lien Notes in the Tender Offers and to pay related fees and expenses, Level 3 Financing intends to use the net proceeds for general corporate purposes. The offering of the Notes is expected to be completed on Dec. 23, 2025, subject to the satisfaction or waiver of customary closing conditions.</p>
<div class="lb-trans"><p>Level 3 Financing 打算将此次发行的净收益与现有现金或其他可用流动资金（如有必要）结合使用，以购买其现有的第二留置权票据（定义见下文），根据要约收购（定义见下文）进行，并支付相关费用和支出。在未用于购买要约收购中的现有第二留置权票据和支付相关费用和支出时，Level 3 Financing 打算将净收益用于一般企业用途。票据的发行预计将于 2025 年 12 月 23 日完成，前提是满足或放弃惯例的交割条件。</p>
</div><p>Concurrently with the offering, Level 3 is conducting cash tender offers (the “Tender Offers” and each, a “Tender Offer”) to purchase the outstanding notes described below, pursuant to and on the terms and subject to the conditions set forth in an Offer to Purchase and Consent Solicitation Statement, as supplemented (the “Statement”). The notes offered to be purchased in the Tender Offers, listed in the order of priority, are the (1) 4.000% Second Lien Notes due 2031, (2) 3.875% Second Lien Notes due 2030, (3) 4.500% Second Lien Notes due 2030, and (4) 4.875% Second Lien Notes due 2029 (collectively, the “Existing Second Lien Notes”) up to an aggregate purchase price, excluding accrued and unpaid interest, of $1.5 billion (the “Aggregate Purchase Price”). The Aggregate Purchase Price represents an increase in the previously announced amount of $1.0 billion. Level 3 Financing has correspondingly increased the minimum gross proceeds required from one or more debt financings to satisfy the financing condition set forth in the Offer to Purchase to $1.25 billion, from the previously announced amount of $750 million.</p>
<div class="lb-trans"><p>与此次发行同时进行，Level 3 正在进行现金要约收购（“要约收购”，每个称为 “要约”），以购买下述未偿还票据，依据并按照要约收购和征求同意声明中规定的条款和条件进行（“声明”）。在要约收购中提供购买的票据，按优先顺序列出，分别为（1）到期日为 2031 年的 4.000% 第二留置权票据，（2）到期日为 2030 年的 3.875% 第二留置权票据，（3）到期日为 2030 年的 4.500% 第二留置权票据，以及（4）到期日为 2029 年的 4.875% 第二留置权票据（统称为 “现有第二留置权票据”），总购买价格（不包括应计和未支付的利息）最高为 15 亿美元（“总购买价格”）。总购买价格比之前宣布的 10 亿美元有所增加。Level 3 Financing 相应地将满足要约收购中融资条件所需的最低总收益从之前宣布的 7.5 亿美元提高至 12.5 亿美元。</p>
</div><p>The Notes will not be registered under the Securities Act of 1933, as amended (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 Notes are being offered and sold only to persons reasonably believed to be qualified institutional buyers in accordance with Rule 144A promulgated under the Securities Act and to non-U.S. persons outside the United States in accordance with Regulation S promulgated under the Securities Act. The Notes will not have registration rights.</p>
<div class="lb-trans"><p>票据不会根据 1933 年证券法（经修订）（“证券法”）或美国任何州的证券法进行注册，并且在未注册或获得适用注册要求的豁免的情况下，可能不会在美国提供或出售。因此，票据仅向合理相信是合格机构买家的人员提供和出售，符合证券法下发布的 144A 规则，并向美国以外的非美国人士提供，符合证券法下发布的 S 规则。票据将不具有注册权利。</p>
</div><p>This press release does not constitute an offer to sell, or a solicitation of an offer to buy, the Notes, nor will there be any sale of the Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful. This press release does not constitute an offer to buy or the solicitation of an offer to sell any Existing Second Lien Notes, nor will there be any purchase of Existing Second Lien Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful.</p>
<div class="lb-trans"><p>本新闻稿不构成出售票据的要约或购买票据的要约征求，也不会在任何此类要约、征求或销售违法的司法管辖区内出售票据。本新闻稿不构成购买现有第二留置权票据的要约或出售现有第二留置权票据的要约征求，也不会在任何此类要约、征求或销售违法的司法管辖区内购买现有第二留置权票据。</p>
</div><p><strong>About Lumen Technologies</strong></p>
<div class="lb-trans"><p><strong>关于 Lumen Technologies</strong></p>
</div><p>Lumen is unleashing the world's digital potential. We ignite business growth by connecting people, data, and applications – quickly, securely, and effortlessly. As the trusted network for AI, Lumen uses the scale of our network to help companies realize AI's full potential. From metro connectivity to long-haul data transport to our edge cloud, security, managed service, and digital platform capabilities, we meet our customers’ needs today and as they build for tomorrow.</p>
<div class="lb-trans"><p>Lumen 正在释放世界的数字潜力。我们通过快速、安全和轻松地连接人、数据和应用程序来激发商业增长。作为 AI 的可信网络，Lumen 利用我们网络的规模帮助公司实现 AI 的全部潜力。从城市连接到长途数据传输，再到我们的边缘云、安全、托管服务和数字平台能力，我们满足客户今天的需求，并为他们的未来发展提供支持。</p>
</div><p>Lumen and Lumen Technologies are registered trademarks of Lumen Technologies, Inc. in the United States. Level 3 Financing, Inc. is a wholly owned affiliate of Lumen Technologies, Inc.</p>
<div class="lb-trans"><p>Lumen 和 Lumen Technologies 是 Lumen Technologies, Inc.在美国的注册商标。Level 3 Financing, Inc.是 Lumen Technologies, Inc.的全资附属公司。</p>
</div><p><strong>Forward-Looking Statements</strong></p>
<div class="lb-trans"><p><strong>前瞻性声明</strong></p>
</div><p><em>Except for historical and factual information, the matters set forth in this release and other of our oral or written statements identified by words such as “estimates,” “expects,” “anticipates,” “believes,” “plans,” “intends,” and similar expressions are forward-looking statements. These forward-looking statements are not guarantees of future results and are based on current expectations only, are inherently speculative, and are subject to a number of assumptions, risks and uncertainties, many of which are beyond our control. Actual events and results may differ materially from those anticipated, estimated, projected or implied by us in those statements if one or more of these risks or uncertainties materialize, or if underlying assumptions prove incorrect. Factors that could affect actual results include, but are not limited to: failure to satisfy or waive the conditions to consummation of the Notes offering or the conditions set forth in the Statement; corporate developments that could preclude, impair or delay the above-described transactions due to restrictions under the federal securities laws; changes in Level 3 Financing’s credit ratings; changes in the cash requirements, financial position, financing plans or investment plans of Level 3 Financing or its affiliates; changes in general market, economic, tax, regulatory or industry conditions that impact the ability or willingness of Level 3 Financing to consummate the above-described transactions on the terms described above or at all; and other risks referenced from time to time in the filings of Lumen or Level 3 Parent, LLC with the Securities and Exchange Commission. We undertake no obligation to publicly update or revise any forward-looking statements for any reason, whether as a result of new information, future events or developments, changed circumstances, or otherwise. We may change our intentions, strategies or plans (including our plans expressed herein) without notice at any time and for any reason.</em></p>
<div class="lb-trans"><p><em>除历史和事实信息外，本公告中所述事项以及我们其他口头或书面声明中使用 “估计”、“预计”、“预期”、“相信”、“计划”、“打算” 等类似表达的内容均为前瞻性声明。这些前瞻性声明并不保证未来结果，且仅基于当前预期，具有固有的投机性，并受到多项假设、风险和不确定性的影响，其中许多超出我们的控制范围。如果这些风险或不确定性中的一个或多个实现，或者基础假设被证明不正确，实际事件和结果可能与我们在这些声明中预期、估计、预测或暗示的内容有重大差异。可能影响实际结果的因素包括但不限于：未能满足或放弃完成票据发行的条件或声明中规定的条件；由于联邦证券法的限制，可能阻碍、损害或延迟上述交易的公司发展；Level 3 Financing 的信用评级变化；Level 3 Financing 或其附属公司的现金需求、财务状况、融资计划或投资计划的变化；影响 Level 3 Financing 按照上述条款或根本无法完成上述交易的能力或意愿的一般市场、经济、税收、监管或行业条件的变化；以及 Lumen 或 Level 3 Parent, LLC 在证券交易委员会的备案中不时提到的其他风险。我们没有义务因任何原因公开更新或修订任何前瞻性声明，无论是由于新信息、未来事件或发展、情况变化或其他原因。我们可能在任何时候出于任何原因更改我们的意图、策略或计划（包括我们在此表达的计划），恕不另行通知。</em></p>
</div><p><img src="https://imageproxy.pbkrs.com/https://cts.businesswire.com/ct/CT/query-ZGlzdHJvPW54JmlkPWJ3bmV3cyZsYW5nPWVuJnNpZD1hY3FyOCZzdHk9MjAyNTEyMDg2MjU3MjJyMQ" alt="" original-src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20251208625722r1&amp;sid=acqr8&amp;distro=nx&amp;lang=en"/></p>
<p>View source version on businesswire.com: https://www.businesswire.com/news/home/20251208625722/en/</p>
<div class="lb-trans"><p>在 businesswire.com 上查看源版本：https://www.businesswire.com/news/home/20251208625722/en/</p>
</div><p><strong>Media Contact:</strong></p>
<div class="lb-trans"><p><strong>媒体联系人：</strong></p>
</div><p>Anita J. Gomes</p>
<div class="lb-trans"><p>Anita J. Gomes</p>
</div><p>Anita.Gomes@lumen.com</p>
<div class="lb-trans"><p>Anita.Gomes@lumen.com</p>
</div><p>+1 858-229-8538</p>
<div class="lb-trans"><p>+1 858-229-8538</p>
</div><p><strong>Investor Contact:</strong></p>
<div class="lb-trans"><p><strong>投资者联系人：</strong></p>
</div><p>Jim Breen, CFA</p>
<div class="lb-trans"><p>Jim Breen, CFA</p>
</div><p>Jim.Breen@lumen.com</p>
<div class="lb-trans"><p>Jim.Breen@lumen.com</p>
</div><p>+1 603-404-7003</p>
<div class="lb-trans"><p>+1 603-404-7003</p>
</div><p>Source: Lumen Technologies</p>
<div class="lb-trans"><p>来源：Lumen Technologies</p>
</div>

Lumen Technologies, Inc. 宣布其 2036 年到期的 8.500% 高级票据的定价，并扩大此前宣布的债务招标要约的规模 | LUMN 股票新闻