Interesrt expense 2021 | LUMN Message Board Posts

Lumen Technologies, Inc.

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Msg  170833 of 171709  at  11/30/2020 11:28:24 AM  by

notrom


Interesrt expense 2021


I assume short term rates will remain low due to the recession.

The co is projecting 2020 int exp to be between 1650 & 1620 . Lumen has paid 1272 over the fist 3 qtrs . That means they should pay 378 - 348 in Q4 . If we multiply Q4's # by 4 for next yr we would be paying between 1512 - 1392 in 2021 ,this does not include additional savings from paying off debt & refinancing debt .
This should be a nice addition to FCF !!!


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