On June 2, 2021, Lumen Technologies, Inc. (“Lumen”) issued a press release announcing that it planned to (i) offer $1.0 billion aggregate principal amount of fixed-rate senior unsecured notes in a proposed private offering that would not be registered under the Securities Act of 1933, and (ii) use the net proceeds of this offering, together with cash on hand, for general corporate purposes, including reducing its indebtedness by repaying at maturity its outstanding 6.45% Senior Notes, Series S, due 2021. Such press release is filed as Exhibit 99.1 to this Current Report and is incorporated herein by reference as if set forth in full.
On June 2, 2021, Lumen issued a subsequent press release announcing its agreement to sell $1.0 billion aggregate principal amount of its 5.375% Senior Notes due 2029 in a private offering that will not be registered under the Securities Act of 1933. Such press release is filed as Exhibit 99.2 to this Current Report and is incorporated herein by reference as if set forth in full.
Forward-Looking Statements
Except for historical and factual information, the matters set forth in this Current Report on Form 8-K identified by words such as “will,” “should,” “expects,” “anticipates,” “believes,” “plans,” “intends,” and similar expressions are forward-looking statements as defined by the federal securities laws, and are subject to the “safe harbor” protections thereunder. These forward-looking statements are not guarantees of future results and are based on current expectations only, and are subject to various uncertainties. Actual events and results may differ materially from those anticipated by Lumen in those statements for several reasons, including those discussed in Exhibits 99.1 and 99.2. Lumen may change its intentions or plans discussed in its forward-looking statements without notice at any time and for any reason.
| Item 9.01 | Financial Statements and Exhibits. |
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