Lumen Technologies Hires Guggenheim and Wachtell for Debt Advice

Lumen Technologies Inc. is working with Guggenheim Securities LLC and Wachtell Lipton Rosen & Katz as it prepares for potential discussions with creditors, according to people familiar with the situation, who asked not to be identified because the matter is private.

• The telecommunications company received a letter on July 25 from a group of creditors who requested a meeting to discuss the company’s debt maturities along with “what the letter referred to as an apparent event of default” by Level 3 Communications, a Lumen subsidiary, the company said in a Tuesday regulatory filing
  • Lumen does not believe such an event ...