BofA, Morgan Stanley Support CenturyLink Acquisition

Bank of America Merrill Lynch and Morgan Stanley provided $10.2 billion in new secured debt facilities to CenturyLink to support its acquisition of Level 3 Communications.

Level 3 Refinances $2B Tranche B Term Loan

Level 3 Communications’ wholly owned subsidiary, Level 3 Financing, completed the marketing of the refinancing of its $2 billion senior secured Tranche B 2022 term loan.

Merrill Lynch Agents Level 3 $1.2B Tranche B Refinance

Level 3 Communications announced that its subsidiary, Level 3 Financing, completed marketing of the refinancing of its $1.2 billion senior secured tranche B-II 2019 term loan.

BofA, Others Said to Arrange New Level 3 Communications Term Loan

Level 3 Financing refinanced its $815 million tranche B term loan. Additionally, Bloomberg reported that a syndicate of banks, including BofA, are said to be arranging a more than $5 billion term loan for the company.