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Lumen Technologies, Inc. Capital/Financing Update 2019

Nov 22, 2019

30915_rns_2019-11-22_8bb0e172-7002-4d6c-b485-17d3ad93cbb2.zip

Capital/Financing Update

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported): November 22, 2019

CenturyLink, Inc.

(Exact name of registrant as specified in its charter)

Louisiana 001-7784 72-0651161
(State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
100 CenturyLink Drive Monroe , Louisiana 71203
(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: ( 318 ) 388-1000

Level 3 Parent, LLC

(Exact name of registrant as specified in its charter)

Delaware 001-35134 47-0210602
(State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
1025 Eldorado Blvd. Broomfield , Colorado 80021
(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: ( 720 ) 888-1000

N/A

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below):

☐ Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock CTL The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01. Other Events

On November 22, 2019, CenturyLink, Inc. issued a press release announcing that its indirect wholly owned subsidiary, Level 3 Financing, Inc., has successfully completed the marketing of the refinancing of its outstanding $4.61 billion senior secured Tranche B 2024 Term Loan.

That press release is filed as Exhibit 99.1 to this Current Report and is incorporated herein by reference as if set forth in full.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

99.1 Press Release, dated November 22, 2019, relating to the successful completion of the marketing of the refinancing of the outstanding $4.61 billion senior secured Tranche B 2024 Term Loan of Level 3 Financing, Inc.
104 Cover Page Interactive Data File (formatted in iXBRL in Exhibit 101)

-2-

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, CenturyLink, Inc. and Level 3 Parent, LLC have duly caused this Current Report to be signed on their behalf by the undersigned officer hereunto duly authorized.

CenturyLink, Inc.
By: /s/ Eric J. Mortensen
Eric J. Mortensen
Senior Vice President - Controller
Level 3 Parent, LLC
By: /s/ Eric J. Mortensen
Eric J. Mortensen
Senior Vice President - Controller

Dated: November 22, 2019