Lumen Technologies expects to complete the settlement for its cash tender offers today, May 21, 2026. The company accepted approximately $765.9 million in notes for purchase. This transaction reached the offer’s maximum cap following the May 20 announcement.
Lumen and its subsidiary Qwest reached a support agreement with noteholders for a separate debt exchange. This agreement covers approximately $456 million of Qwest's long-term notes.
The company amended the terms of these exchange offers to facilitate the transaction. Lumen extended the expiration deadline for the exchange to June 9, 2026.