cognitive cybersecurity intelligence

News and Analysis

Search

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

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.

Source: news.lumen.com –

Subscribe to newsletter

Subscribe to HEAL Security Dispatch for the latest healthcare cybersecurity news and analysis.

More Posts

How CDMOs Can Help with Regulatory Challenges

Contract Development and Manufacturing Organizations (CDMOs) provide essential support to pharmaceutical and biotech companies navigating complex regulations. They offer expertise in regulatory compliance, quality documentation,