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Lumen Technologies Increases Private Offering to $2 Billion

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Lumen Technologies Increases Private Offering to $2 Billion

Confident Investing Starts Here:

Lumen Technologies ( (LUMN) ) has provided an announcement.

On June 16, 2025, Lumen Technologies announced that its subsidiary, Level 3 Financing, planned a private offering of $2.0 billion in First Lien Notes due 2033, an increase from the initially planned $1.0 billion. The proceeds will be used to redeem existing senior secured notes and pay related expenses, with the offering expected to close by June 30, 2025, subject to customary conditions.

The most recent analyst rating on (LUMN) stock is a Sell with a $2.00 price target. To see the full list of analyst forecasts on Lumen Technologies stock, see the LUMN Stock Forecast page.

Spark’s Take on LUMN Stock

According to Spark, TipRanks’ AI Analyst, LUMN is a Neutral.

Lumen Technologies’ overall stock score reflects a mix of financial challenges and strategic positives. The company’s high leverage and declining revenues are significant concerns, but recent earnings performance and the strategic sale of assets provide potential for future improvement. The technical outlook is balanced, while valuation remains a key issue.

To see Spark’s full report on LUMN stock, click here.

More about Lumen Technologies

Lumen Technologies is a company focused on unleashing the world’s digital potential by connecting people, data, and applications quickly, securely, and effortlessly. It serves as a trusted network for AI, offering services from metro connectivity to long-haul data transport, edge cloud, security, managed services, and digital platform capabilities.

Average Trading Volume: 12,494,241

Technical Sentiment Signal: Sell

Current Market Cap: $4.18B

Learn more about LUMN stock on TipRanks’ Stock Analysis page.

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