Lumen Technologies has signed a transaction support agreement with creditors that hold over $7 billion of the company’s debt. The agreement includes extending the maturities of the debt instruments and creditors committing to provide $1.2 billion of financing to the Company through long-term debt. This deal will help Lumen better align its balance sheet with current business needs.
Looking At the Year Ahead: What Can We Expect Within the Cybersecurity Landscape?
In 2024, healthcare organisations experienced significant disruptions due to numerous data breaches and ransomware attacks. This impacted daily operations and caused financial hardship for some.