UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Notice of Effectiveness
Effectiveness Date: May 22, 2012 3:30 P.M.
Form: S-4
CIK: 0001324501
Company Name: Level 3 Financing, Inc.
File Number: 333-180834
CIK: 0000794323
Company Name: LEVEL 3 COMMUNICATIONS INC
File Number: 333-180834-02
CIK: 0001324502
Company Name: Level 3 Communications, LLC
File Number: 333-180834-01