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Here are some highlights from our recent Lumen coverage. Linked articles are available on our platform to subscribers.
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Feb 7 | LevFin Insights
Lumen, Level 3 Notes Rally on Earnings; Follow-On Transaction Potential Expected to Challenge Price Discovery
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Feb 7 | CreditSights
Lumen: 4Q23 Earnings Snapshot
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Feb 6 | LevFin Insights
Lumen Reports 21% Adjusted EBITDA Decline for Q4’23; 2024 Guidance Points to $100mn – $300mn in Free Cash Flow
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Feb 5 | LevFin Insights
U.S. SS HY Weekly Movers: Lumen, Valley National Bank, CURO Group Make Biggest Bond Moves
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Jan 29 | LevFin Insights
Lumen U.S. SS HY Weekly Movers: Lumen, Glatfelter, VistaJet Make Biggest Bond Moves
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Jan 26 | CreditSights
Lumen/Level 3: New TSA Thoughts
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Jan 25 | LevFin Insights
Lumen Revised TSA Gets Backing from Broader Group, Offers Lower Interest, Upsizes New-Money Notes
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Jan 25 | LevFin Insights
Lumen Technologies Debt Jumps as Markets React to Amended TSA with a Broader Group of Creditors
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Jan 24 | LevFin Insights
Lumen Enters Amended TSA with a Broader Group of Creditors
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Jan 3 | CreditSights
Media/Telecom 2023 Leaders & Laggards
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Dec 21 | LevFin Insights
Lumen Announces Extension of TSA Deadline to January 31
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Dec 19 | LevFin Insights
Lumen Seeks to Extend TSA Deadline
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Dec 4 | LevFin Insights
HY Weekly Movers: Level 3, Unifrax, and Staples Make Biggest Bond Moves
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Nov 29 | LevFin Insights
Lumen, CommScope CFOs Talk Balance Sheet Strategies, Telecom Sector Conditions at BofA Event
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Nov 21 | LevFin Insights
Lumen, RCF Lenders Form Separate Groups
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Nov 10 | LevFin Insights
Lumen Consenting Parties Push TSA Momentum Forward; Group Call Set Today
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Nov 9 | Covenant Review
Lumen Technologies/Level 3: The Implications of a Potential Blocking Position in the Lumen Senior Secured 2027s
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Nov 6 | CreditSights
Lumen (LUMN): Updated Views on TSA
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Nov 6 | LevFin Insights
Lumen Alternative Proposal Splits New Money across Three Tranches; Proceeds Target Level 3 1L, Lumen 2025 TL
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Nov 3 | LevFin Insights
Lumen TSA Pulls from Divisive LME Playbook as Worsening Fundamentals, Higher Interest Magnify Creditor Tensions
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Nov 3 | LevFin Insights
Lumen Updates Pro Forma Financials; 4% Secured Noteholders Reportedly Form Block
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Nov 3 | Covenant Review
Lumen Technologies/Level 3: Initial Impressions on How the TSA Implicates the Lumen Technologies and Level 3 Bonds
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Nov 1 | LevFin Insights
Lumen Closes $1.8bn Sale of EMEA Assets
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Nov 1 | CreditSights
Lumen (LUMN): 3Q23 Earnings Snapshot
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Oct 31 | LevFin Insights
Lumen Enters TSA with Holders of More than $7bn in Lumen and Level 3 Debt; Deal Includes $1.2bn of New Committed Financing, Aims to Extend Maturities through Exchanges
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Oct 31 | LevFin Insights
Lumen Q3 EBITDA Falls 38%, Revenue Down 17%
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