Atos SE (AXI.BE)
- Bloomberg
Atos Crisis Nears End With Creditors’ €2.9 Billion Debt Swap
(Bloomberg) -- Atos SE’s creditors are set to take control of the embattled French IT services provider, following a months-long battle over the future of a company once hailed as the rising star of the country’s tech industry. Most Read from BloombergJustice Department to Charge Boeing, Seeks Guilty Plea from PlanemakerFrance’s Market Rally Falters as Investors See Enduring RiskBlackRock Buys Preqin for $3.2 Billion in Private Data PushLe Pen’s Far Right Wins First Round, Chases French Majority
- GlobeNewswire
Market Update - June 30, 2024
Press release Market update Agreement reached on financial restructuring terms between the Company and a group of banks and bondholders Significant milestone towards reaching a final restructuring agreement by July Main terms of Atos’ financial restructuring plan: Contribution of €233 million by way of a capital increase with preferential subscription right, €75 million of which is backstopped by the bondholders participating to the new financings (described below) in cash and €100 million is ba
- Reuters
Atos reaches deal with creditors on debt restructure terms
PARIS (Reuters) -French technology company Atos (ATOS.PA) reached an agreement with a group of banks and bondholders on terms for its debt restructuring, the company said on Sunday. The restructuring plan involves a 233-million-euro ($250 million) contribution via a capital increase with preferential subscription rights, it said in a statement. About 2.8 billion euros of Atos' debt will be turned into equity, bringing the total amount of converted debt to 2.9 billion euros.
