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Lumen Announces Broad Agreement With Creditors That Will Provide The Company with Significant Flexibility to Execute Its Transformation Strategy

Lumen Technologies has reached an agreement with creditors holding over $7 billion of its debt. The deal will extend the maturities of the company’s debt instruments and provide $1.2 billion in new long-term financing. This strategic move will provide Lumen with the financial flexibility needed to execute its transformation strategy.

Source: news.lumen.com –

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