Material Event (Form 8-K)

Item 8.01 Other Events.

New Qwest Notes

On June 11, 2026, Lumen Technologies, Inc. ("Lumen," "us," "we" or "our"), together with its wholly-owned subsidiary, Qwest Corpora on ("Qwest"), settled the previously announced offers (the "Exchange Offers") by Qwest to exchange the outstanding notes described below, in each case on the terms set forth in the Registration Statement on Form Lumen and Qwest filed with the U.S. Securities and Exchange Commission (the "Commission") on April 16, 2026 and as amended by the post-effective amendment filed with the Commission on May 20, 2026, including a prospectus and consent solicitation statement forming a part thereof (as amended or supplemented from time to time, the "Prospectus"). In connection with the Exchange Offers, Qwest and Lumen also solicited consents (the "Consent Solicitations") to amend the indentures governing Old Qwest Notes (as defined below) (as amended and supplemented, the "Old Qwest Indentures").

Pursuant to the settlement of the Exchange Offers and Consent Solicitations on June 11, 2026, Qwest issued (a) $1,002,320,075 aggregate principal amount of 6.500% Notes due 2051 (the "New 6.500% 2051 Notes"), of which $487,022,150 aggregate principal amount was issued in denominations of $1, and $515,297,925 aggregate principal amount was issued in denominations of $25, and (b) $381,528,000 aggregate principal amount of 6.750% Notes due 2052 (the "New 6.750% 2052 Notes" and, together with the New 6.500% 2051 Notes, the "New Qwest Notes"). The New Qwest Notes are fully and unconditionally guaranteed on an unsecured basis by Lumen.

The New Qwest Notes are issued pursuant to an indenture, dated as of June 11, 2026 (the "New Base Indenture"), between Qwest and U.S. Bank Trust Company, National Association, as trustee (the "Trustee"), as supplemented by the first supplemental indenture (the "New Supplemental Indenture"), among Qwest, Lumen, as guarantor, and the Trustee, designating the terms for each of the New Qwest Notes. The offering of the New Qwest Notes was registered pursuant to the Prospectus.

The New 6.500% 2051 Notes will bear interest at a rate of 6.500% per year and mature on September 1, 2051. Qwest will pay interest on the New 6.500% 2051 Notes on March 1, June 1, September 1 and December 1 of each year, commencing on September 1, 2026. The New 6.750% 2052 Notes will bear interest at a rate of 6.750% per year and mature on June 15, 2052. Qwest will pay interest on the New 6.750% 2052 Notes on March 15, June 15, September 15, and December 15 of each year, commencing on September 15, 2026. The New 6.500% 2051 Notes are issued in denominations of (i) $25 and integral multiples of $25 in excess thereof or (ii) $1 and integral multiples of $1 in excess thereof, and are issued under separate global notes (at least one global note for each denomination) having separate CUSIP numbers but otherwise constituting the same series for voting purposes, and issued under the same supplemental indenture. The New 6.500% 2051 Notes in denominations of $25 and integral multiples of $25 in excess thereof, and the New 6.750% 2052 Notes will be listed on the New York Stock Exchange and are expected to begin trading on the NYSE on or promptly following the date hereof under the symbols "CTGG" and "CTHH," respectively . The New 6.500% 2051 Notes in $1 denominations will not be listed.

The above description of the New Base Indenture and New Supplemental Indenture is a summary only and is subject to, and qualified entirely by, the New Base Indenture and the New Supplemental Indenture, as applicable, which are filed as Exhibits 4.1, and 4.2, respectively, to this Current Report on Form and incorporated by reference herein.

Old Qwest Notes Supplemental Indentures

In connection with the Consent Solicitations, Qwest has entered into the eighteenth supplemental indenture (the "Eighteenth Supplemental Indenture") and the nineteenth (the "Nineteenth Supplemental Indenture") with U.S. Bank Trust Company, National Association, as trustee, in connection with its 6.5% Notes due 2056 and 6.75% Notes due 2057 (collectively, the "Old Qwest Notes"), respectively, in each case, to elim ate substantially all of the restrictive covenants in the Old Qwest Indentures.

8-K