Lumen extends Qwest note exchange offers to June 9, 2026 and adds $456 million support
Lumen and its subsidiary Qwest Corporation amended their exchange offers for Qwest's 6.5% notes due 2056 and 6.75% notes due 2057, and signed a support agreement with noteholders who agreed to tender about $456 million of those notes. The exchange offers now expire at 5 p.m. ET on June 9, 2026, and the new notes cannot be issued until the SEC declares the amended registration statement effective.
Key points
- Supporting noteholders agreed to tender about $456 million of Old Qwest Notes by 5:00 p.m. ET on June 2, 2026, including $296.5 million of 2056 notes and $159.5 million of 2057 notes.
- Expiration and withdrawal deadlines were extended to 5 p.m. ET on June 9, 2026, and the early tender date was eliminated.
- New Qwest notes due 2051 and 2052 would be fully and unconditionally guaranteed by Lumen on an unsecured basis.
- The support agreement terminates automatically if the exchange offers are not consummated by 5:00 p.m. New York City time on June 30, 2026.
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 20, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.