Atos SE (FR:ATO) has released an update.
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Atos SE has solidified agreements for €800 million in interim financing to maintain liquidity during its ongoing financial restructuring, with €450 million structured through various loans and facilities, and an additional €350 million facility to be secured by the end of July. The company is working towards a definitive restructuring agreement by July 2024, with the process expected to significantly dilute existing shareholder equity. Syndication for the new financing tranches will proceed immediately, with further updates promised soon.
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