In an update on its refinancing plan and disposal plans, Atos announces that it has appointed an ad hoc trustee to oversee its discussions with its banks with a view to reaching a refinancing plan for its financial debt.

The ad hoc trustee is an amicable procedure enabling negotiations to be conducted within a confidential framework. It would only concern the IT company's financial debt, and would have no impact on its employees, customers or suppliers.

Furthermore, in view of changes in the market environment, the conditions for completion of the proposed 720 million euro capital increase are no longer met, and the guarantee commitment given by BNP Paribas and JP Morgan is no longer in force.

Copyright (c) 2024 CercleFinance.com. All rights reserved.