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Lumen raises USD 1 bln in private debt placing

Wednesday 16 June 2021 | 10:22 CET | News
Lumen Technologies has raised USD 1 billion in a private debt offering. The senior notes due 2029 carry interest of 5.375 percent. Lumen will use the proceeds to pay off existing notes due in 2021, which carry a higher rate of 6.45 percent.

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Categories: Fixed
Companies: Lumen
Countries: United States
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