Item 8.01 Other Events.

On June 10, 2020, CenturyLink, Inc. issued a press release announcing that:


       (i) its indirect wholly-owned subsidiary, Level 3 Financing, Inc. ("Level 3
           Financing"), planned to offer $1.0 billion aggregate principal amount
           of fixed-rate eight-year senior unsecured notes in a proposed private
           offering that will not be registered under the Securities Act of 1933,
           the net procceds of which will be used, together with cash on hand, for
           general corporate purposes, including to redeem all $840 million
           aggregate principal amount of Level 3 Financing's outstanding 5.375%
           Senior Notes due 2022 (the "2022 Notes") and a portion of Level 3
           Financing's outstanding 5.675% Senior Notes due 2023 (the "2023
           Notes"); and


       (ii) its indirect wholly-owned subsidiary, Qwest Corporation, had issued
            notices to redeem $200 million outstanding aggregate principal amount
            of Qwest Corporation's 6.875% Notes due 2054 (the "Qwest Notes").


That press release is filed as Exhibit 99.1 to this Current Report and is
incorporated herein by reference as if set forth in full. This Current Report on
Form 8-K does not constitute a notice of redemption with respect to the 2022
Notes, the 2023 Notes or the Qwest Notes.
On June 10, 2020, CenturyLink issued a subsequent press release announcing
Level 3 Financing's agreement to sell $1.2 billion aggregate principal amount of
its 4.250% Senior Notes due 2028 in a private offering that will not be
registered under the Securities Act of 1933. That press release is filed as
Exhibit 99.2 to this Current Report and is incorporated herein by reference as
if set forth in full.
Forward-Looking Statements
Except for historical and factual information, the matters set forth in this
Current Report on Form 8-K identified by words such as "will," "should,"
"expects," "anticipates," "believes," "plans," "intends," and similar
expressions are forward-looking statements as defined by the federal securities
laws, and are subject to the "safe harbor" protections thereunder. These
forward-looking statements are not guarantees of future results and are based on
current expectations only, and are subject to various uncertainties. Actual
events and results may differ materially from those anticipated by us in those
statements for several reasons, including those discussed in Exhibits 99.1 and
99.2. We may change our intentions or plans discussed in our forward-looking
statements without notice at any time and for any reason.
Item 9.01 Financial Statements and Exhibits.


(d)  Exhibits:
 Exhibit
   No.                                     Description

   99.1         Press Release dated June 10, 2020, relating to the proposed private
              offering of senior notes and the issuance of redemption notices for
              Qwest Notes.

   99.2         Press Release dated June 10, 2020, relating to the pricing of the
              senior notes.

   104        Cover Page Interactive Data File (formatted in iXBRL in Exhibit 101).

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses