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Atos says secures short-term funding through syndication agreements




By Reuters | Updated: July 5, 2024

July 5 (Reuters) – French technology company Atos (ATOS.PA) said on Friday it had successfully secured short-term financing via two tranches of loans from creditors, adding it still expected to reach a final restructuring agreement this month.

“These additional tranches of €225 million ($243.41 million) and €350 million of revolving credit facility are subject to an amendment of the facilities previously provided by a group of bondholders, which is expected to be signed shortly,” it said in a statement.

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The company also said it had obtained a waiver from banks under a 1.5 billion euro term loan.

($1 = 0.9244 euros)

@ Thomson Reuters 2024