EX-99.1 24 d784318dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

Lumen Technologies, Inc.

Debt Schedule - Excludes all Finance Leases, Unamortized Premiums, Discounts and Other, Net ($ in millions)

(UNAUDITED)

All information is presented as of March 28, 2024

 

Entity (Original Issuer)

   Coupon Rate     Maturity Date      Total1  

Qwest Corporation

       

Qwest Corporation Senior Notes

     7.250     9/15/2025        250  

Qwest Corporation Senior Notes

     7.750     5/1/2030        43  

Qwest Corporation Senior Notes

     7.375     5/1/2030        55  

Qwest Corporation Senior Notes (CTBB)

     6.500     9/1/2056        978  

Qwest Corporation Senior Notes (CTDD)

     6.750     6/15/2057        660  
       

 

 

 

Total Qwest Corporation

        $ 1,986  
       

 

 

 

Qwest Capital Funding, Inc.

       

Qwest Capital Funding, Inc. Senior Notes

     6.875     7/15/2028        76  

Qwest Capital Funding, Inc. Senior Notes

     7.750     2/15/2031        116  
       

 

 

 

Total Qwest Capital Funding, Inc.

        $ 192  
       

 

 

 

Level 3 Financing, Inc.

       

Level 3 Financing, Inc. Term Loan B

     S + 1.75     3/1/2027        12  

New Level 3 Financing, Inc. Term Loan B-1

     S + 6.56     4/15/2029        1,199  

New Level 3 Financing, Inc. First Lien Notes

     10.500     4/15/2029        668  

New Level 3 Financing, Inc. First Lien Notes

     11.000     11/15/2029        1,575  

New Level 3 Financing, Inc. Term Loan B-2

     S + 6.56     4/15/2030        1,199  

Level 3 Financing, Inc. Sr. Secured Notes

     10.500     5/15/2030        925  

New Level 3 Financing, Inc. First Lien Notes

     10.750     12/15/2030        678  
       

 

 

 

Total Level 3 Parent, LLC and Subsidiaries First Lien Secured Debt

        $ 6,256  
       

 

 

 

New Level 3 Financing, Inc. Second Lien Notes

     4.875     6/15/2029        606  

New Level 3 Financing, Inc. Second Lien Notes

     4.500     4/1/2030        712  

New Level 3 Financing, Inc. Second Lien Notes

     3.875     10/15/2030        458  

New Level 3 Financing, Inc. Second Lien Notes

     4.000     4/15/2031        453  
       

 

 

 

Total Level 3 Parent, LLC and Subsidiaries Secured Debt

        $ 8,485  
       

 

 

 

Level 3 Financing, Inc. Sr. Secured Notes (Unsecured)

     3.400     3/1/2027        82  

Level 3 Financing, Inc. Senior Notes

     4.625     9/15/2027        394  

Level 3 Financing, Inc. Senior Notes

     4.250     7/1/2028        488  

Level 3 Financing, Inc. Senior Notes

     3.625     1/15/2029        382  

Level 3 Financing, Inc. Sustainability-Linked Senior Notes

     3.750     7/15/2029        448  

Level 3 Financing, Inc. Sr. Secured Notes (Unsecured)

     3.875     11/15/2029        72  
       

 

 

 

Total Level 3 Parent, LLC and Subsidiaries

        $ 10,350  
       

 

 

 

Lumen Technologies, Inc.

       

New Lumen Technologies, Inc. Superpriority First Out (“FOSP”) $489MM RCF

     S + 4.00     6/1/2028        —   

New Lumen Technologies, Inc. Superpriority Second Out (“SOSP”) $467MM RCF

     S + 6.00     6/1/2028        —   

New Lumen Technologies, Inc. SOSP Term Loan A

     S + 6.00     6/1/2028        377  

New Lumen Technologies, Inc. SOSP Term Loan B-1

     S + 2.35     4/15/2029        1,629  

New Lumen Technologies, Inc. SOSP Notes

     4.125     4/15/2029        332  

New Lumen Technologies, Inc. SOSP Term Loan B-2

     S + 2.35     4/15/2030        1,629  

New Lumen Technologies, Inc. SOSP Notes

     4.125     4/15/2030        479  
       

 

 

 

Total Lumen Technologies, Inc. Superpriority Secured Debt

        $ 4,447  
       

 

 

 

Lumen Technologies, Inc. Term Loan B

     S + 2.25     3/15/2027        57  
       

 

 

 

Total Lumen Technologies, Inc. Secured Debt

        $ 4,504  
       

 

 

 

Lumen Technologies, Inc. Senior Notes - Series X

     5.625     4/1/2025        157  

Lumen Technologies, Inc. Senior Notes - Series D

     7.200     12/1/2025        45  

Lumen Technologies, Inc. Senior Notes

     5.125     12/15/2026        150  

Lumen Technologies, Inc. Sr. Secured Notes (Unsecured)

     4.000     2/15/2027        232  

Lumen Technologies, Inc. Senior Notes - Series G

     6.875     1/15/2028        242  

Lumen Technologies, Inc. Senior Notes

     4.500     1/15/2029        409  

Lumen Technologies, Inc. Senior Notes

     5.375     6/15/2029        232  

Lumen Technologies, Inc. Senior Notes - Series P

     7.600     9/15/2039        354  

Lumen Technologies, Inc. Senior Notes - Series U

     7.650     3/15/2042        291  
       

 

 

 

Total Lumen Technologies, Inc.

        $ 6,617  
       

 

 

 

Total LUMN Consolidated (excluding Finance Leases, Premium/(Discount)/Other, net)

        $ 19,145  
       

 

 

 

 

1 

Totals may not sum due to rounding.