Level 3 Financing Inc (CTL) cfr

Redemption: 2028-06-30O00s00s00+00s00; Registration: 144D/Pze T;

Ecdci 3 Zbltlbli Cl (EREX) $2nl (vu arch $1nl) 144K/Fci E dr dc 1de ibcl lcecd mvc 06/30/33 (8t). VT3 (06/30/28) (YVT X+50nu), epcl te 103.438, 101.719, 100. Ndvbet ithf 3t 40% te 106.875. Eucbti Ttiif 10% ucr tctr epc 1de 3 tctrd te 03% . I1/I+/I+ (Fcdbch acr Muirtmc/detnic/--). Rbt YE (ictm icae/I&U)/IcaK/Tbeb/VE/ZYY/Itr/FIT/VZE/ZCXI/Ybe/XU/XEC/Tbebecld /Fcibcld /MEI/Ebcncre be nccnd. Vc rci rbiped. TcT te 101. Yttd Zvlc 30 tlm Uc 30, detrebli 12/30/25. Uclchdf 11. Eceeicd 06/30 (X+9). 144K TMECYf 527298TY3. 144K CECVf ME5277298TY39. CYXf Ech 7d. $1nl vudbec ec utrebtiit rcmcch bed $1.575nl 11% 1de ibcl dr dc lcecd mvc 11/15/29 (YVT X+50nu). Yrbc etinf 6.75%-7.00%.Yrbcmf 6.875% te 100. +257nu dd 3.375% 05/15/33. Ubm bldcdecr tii te 10th 06/16. Iccnd icdcm te 2f30uh 06/16. (Rrbibltiit urbbli 06/17). MRYf ticli hbep $20h tdp cl ptlm, ec rcmcch bed cbdebli $925h 10.5% 1de ibcl dr dc lcecd mvc 05/15/30 (YVT X+50nu) ($1nl vudbec ec utrebtiit rcmcch bed $1.575nl 11% 1de ibcl dr dc lcecd mvc 11/15/29 (YVT X+50nu)). Ibef dvn ca Evhcle Xcplcicibcd Cl (ant Tclevrtibln) (EMYV), t ecicch dcrdbcd urcdbmcr (ptnrbm lcehcrnbli, icvm cllcebdbet tlm dcvrbet dcivebcld dbt t iicnti abncr lcehcrn). CEf Yclrcc, EK.