Lumen Technologies, Inc. 8-K

What Happened
Lumen Technologies, together with its wholly‑owned subsidiary Qwest Corporation, announced on May 12, 2026 that it has extended the early participation date and the withdrawal deadline for its previously announced exchange offers and related consent solicitations. The offers exchange outstanding Qwest notes for new Qwest notes that will be fully and unconditionally guaranteed (on an unsecured basis) by Lumen.

Key Details

• Exchange Offers involve: 6.5% Notes due 2056 (CUSIP 74913G 881) and 6.75% Notes due 2057 (CUSIP 74913G 873) being exchanged for New 6.500% Notes due 2056 and New 6.750% Notes due 2057.
• Early Participation Date and Withdrawal Deadline extended from 5:00 p.m. ET on May 15, 2026 to 5:00 p.m. ET on May 22, 2026.
• Each Exchange Offer will expire immediately following 5:00 p.m. ET on May 26, 2026 (the Expiration Date), as may be further extended per the prospectus.
• Qwest and Lumen are also soliciting consents from holders to certain proposed amendments to the indentures governing the Old Qwest Notes. The exchange offers are being made pursuant to a Form S-4 prospectus/consent solicitation statement.

Why It Matters
The extension gives holders of the Old Qwest Notes additional time to decide whether to participate in the exchange offers and to provide consents to proposed indenture amendments. For investors, this affects the timeline for potential changes to Qwest’s debt instruments and confirms that any New Qwest Notes will be unsecured obligations guaranteed by Lumen. Holders are urged to read the prospectus and consent materials (filed with the SEC) for full terms and conditions before making a decision.