Atento S.A. (NYSE: ATTO, "Atento") announced on June 23, 2023, its entry into a term sheet providing for a new interim financing of at least $30 million and a path to a comprehensive restructuring transaction to significantly deleverage its balance sheet. The draw-down conditions for the first tranche of new interim financing included execution of a restructuring support agreement, which was entered on June 30, 2023.

The new interim financing involved Atento entering into agreements for (i) a new interim financing of at least $30 million through the issuance of new money notes due 2025 ("New Money 2025 Notes") in tranches over time, the first tranche of which for US$17 million was funded on 30 June 2023, (ii) amendments to the existing $39.6 million senior secured notes due 2025 issued in February 2023 ("Existing 2025 Notes") and (iii) the exchange of certain senior secured notes due 2026 for new notes due 2025 ("Junior Lien 2025 Notes") secured on a junior lien basis to Atento's Existing 2025 Notes and New Money 2025 Notes.

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Atento SA published this content on 05 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 July 2023 12:27:14 UTC.