Subject to the satisfaction or waiver of all remaining conditions to the Tender Offers described in the Offer to Purchase and Solicitation Statement, the applicable offeror intends to accept for purchase, and to make payments on Aug(such date, subject to change without notice, the "Early Settlement Date") for, all of the Notes validly tendered (and not validly withdrawn) prior to the Early Tender Date (as summarized in the tables above). The Divestiture Condition (as defined in the Offer to Purchase and Solicitation Statement) has been satisfied.
(5) As further described in the Offer to Purchase and Solicitation Statement, the Lumen Notes are also subject to the Series Tender Cap of $350,000,000.īecause the aggregate principal amount of Maximum Tender Notes validly tendered (and not validly withdrawn) at or prior to the Early Tender Date did not exceed the Aggregate Maximum Tender Amount or the Series Tender Cap, the applicable offeror intends to purchase all of the Maximum Tender Notes validly tendered (and not validly withdrawn) at or prior to the Early Tender Date on the terms described below. (4) Includes the Maximum Tender Early Tender Premium (as defined in the Offer to Purchase and Solicitation Statement) for Notes validly tendered prior to the Early Tender Date (and not validly withdrawn) and accepted for purchase by the applicable offeror. Excludes Accrued Interest, which will be paid on Notes accepted for purchase by the applicable offeror as described below. (3) Per $1,000 principal amount of Notes validly tendered (and not validly withdrawn) and accepted for purchase by the applicable offeror. (2) Certain Notes tendered will not be accepted for purchase, as described in the Offer to Purchase and Solicitation Statement and this press release.
They are provided solely for the convenience of holders of the Notes. (1) No representation is made as to the correctness or accuracy of the CUSIP numbers.
According to information received from Global Bondholder Services Corporation, the Company's tender agent and information agent for the Tender Offers, the tables below set forth the aggregate principal amount of each series of Notes that were validly tendered and not validly withdrawn on or prior to 5:00 p.m., New York City time, on Aug(such date and time, the "Early Tender Date"). ("Embarq Florida") and the Company's outstanding 5.125% Senior Notes due 2026 (the "Lumen Notes" and, together with the Embarq Notes, the "Maximum Tender Notes" and together with the Any and All Notes, the "Notes") (collectively, the "Maximum Tender Offers" and, together with the Any and All Tender Offers, the "Tender Offers"), each of which is subject to the limitations, restrictions, terms and conditions set forth in the Company's Offer to Purchase and Consent Solicitation Statement dated J(the "Offer to Purchase and Solicitation Statement"). ("Level 3 Financing") (collectively, the "Any and All Tender Offers") and (ii) the outstanding 7.125% Senior Notes due 2023 (the "2023 Notes") and 8.375% Senior Notes due 2025 (the "8.375% 2025 Notes" and, together with the 2023 Notes, the "Embarq Notes") of Embarq Florida, Inc.
(NYSE: LUMN) (the "Company" or "Lumen") announced today the results to date of its and its wholly owned subsidiaries' previously-announced cash tender offers for (i) any and all of the outstanding 5.375% Senior Notes due 2025 (the "2025 Notes") and 5.250% Senior Notes due 2026 (the "2026 Notes" and, together with the 2025 Notes, the "Any and All Notes") of Level 3 Financing, Inc. 5, 2022 /PRNewswire/ - Lumen Technologies, Inc.