Freshfields advises ad hoc lender group in Lumen liability management transaction

Freshfields has successfully represented an ad hoc group of Revolving Credit and Term Loan A lenders in the Lumen Technologies liability management transaction that closed earlier today. The completed transaction resulted in a significant improvement of terms on behalf of our client group from the deal originally announced in October of last year. Learn more about this transaction here.

The Freshfields restructuring and capital solutions teams were led by partners Mark Liscio, Scott Talmadge and Damian Ridealgh, counsel Samantha Braunstein, senior associates Lacey Nemergut and Meghan Bell and associates Anna Bensoussan and Ali Muffenbier. Freshfields worked alongside Lazard to provide key guidance to the joint client group on this important mandate.