Bond Level Three Funding 3.4% ( US527298BP78 ) in USD

Issuer	Level Three Funding
Market price	100 % ▲
Country	United States
ISIN code	US527298BP78 ( in USD )
Interest rate	3.4% per year ( payment 2 times a year)
Maturity	28/02/2027
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Minimal amount	1 000 USD
Total amount	750 000 000 USD
Cusip	527298BP7
Standard & Poor's ( S&P ) rating	B ( Highly speculative )
Moody's rating	B1 ( Highly speculative )
Next Coupon	01/09/2026 ( In 138 days )
Detailed description	Level 3 financing refers to the highest level of financing available to a company, typically involving complex structured finance arrangements, often secured by a portfolio of assets or future cash flows, and usually employed for large-scale projects or acquisitions. This financial analysis details a specific bond issuance by Level 3 Financing, identified by ISIN US527298BP78 and CUSIP 527298BP7. Level 3 Financing serves as a vital financial entity within the telecommunications sector, operating as a subsidiary of Lumen Technologies, which was formerly CenturyLink and acquired Level 3 Communications. This issuer plays a crucial role in managing the debt obligations that support the extensive global network infrastructure and comprehensive service offerings previously associated with Level 3 Communications, including internet backbone services, voice, video, and data solutions for enterprise, government, and wholesale customers. The bond in question, originating from the United States and denominated in USD, is currently trading at its par value, representing a market price of 100%. It offers a fixed annual interest rate of 3.4%, with coupon payments distributed semi-annually. The total size of this particular bond issue is $750,000,000, with a minimum purchase threshold of $1,000, making it accessible to a diverse range of investors. The maturity date for this security is set for February 28, 2027. From a credit perspective, the bond carries ratings of B from Standard & Poor's and B1 from Moody's, placing it within the speculative-grade category and signifying a higher level of credit risk compared to investment-grade securities, indicating that investors should account for the elevated potential for volatility and default risk associated with this instrument.