Atos SE (FR:ATO) has released an update.
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.
For further insights into FR:ATO stock, check out TipRanks’ Stock Analysis page.
