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Atos opens a new chapter with the successful closing of its financial restructuring
Atos International
December 19, 2024 15 min read
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Atos International
Atos International
Press release
Atos opens a new chapter with the successful closing of its financial restructuring
All transactions of Atosโ accelerated safeguard plan have now been implemented, resulting in:
A more sustainable capital structure with โฌ2.1 billion gross debt reduction
Additional liquidity thanks to โฌ1.6 billion new money debt and c. โฌ145 million resulting from the rights issue and the additional reserved capital increase
With no debt maturities before the end of 2029, Atos now has the resources and flexibility to execute its mid term strategy
Atos corporate credit rating upgraded to B- (stable) by S&P and rated B- (stable) by Fitch
Atosโ share capital comprised of 179,035,979,643 shares and 179,035,979,643 theoretical voting rights1 as a result of the share capital increases
Paris, France โ December 19, 2024 โ Following its December 16, 2024 press release, Atos SE (โAtosโ or the โCompanyโ) today announces the successful closing of its financial restructuring, thanks to the completion of the final steps of the accelerated safeguard plan (the โPlanโ) approved by the specialized Commercial Court of Nanterre on October 24, 2024.
The completion of the Plan results in particular in:
a โฌ2.1 billion gross debt reduction through the equitization of โฌ2.9 billion (principal amount) of existing financial debts and the repayment of โฌ800 million interim financings with the new money debt provided to the Company; and
โฌ1.6 billion of new money debt and c. โฌ145 million of new money equity from the rights issue and the additional reserved capital increase.
With no debt maturing before the end of 2029, Atos has the resources and flexibility to implement its mid-term strategy.
Atos Corporate credit rating has been upgraded to B- (stable) by S&P and rated B- (stable) by Fitch.
Philippe Salle, Chairman of the Board of Directors of Atos, said: โThe successful completion of our financial restructuring plan ensures the continuity of Atos' activities in the best interests of our stakeholders, including our employees and customers, and opens an exciting new chapter for the Group. I would like to thank the entire management team for the remarkable work they have accomplished over the past few months.โ
Jean Pierre Mustier, Chief Executive Officer of Atos, said: โWith the closing of our financial restructuring, Atos has the financial resources to successfully deliver a new period of industrial development under the leadership of Philippe Salle. All our teams are focused on providing the best possible support to our customers through innovation and quality of service. ยป
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AESAY~~.0025,,Business description: AtoS SE
AtoS SEAtoS SE is one of the world leaders in IT services. The group's activity is organized around three sectors:
- outsourcing services and consulting services;
- system integration;
- supply of transaction services: electronic payment transaction processing, remote payment management, development of payment solutions, etc. The group also develops an externalization of operating processes activity.
Number of employees: 91,611
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3 weeks ago
AEXAY~~.0025, was $1.16,About Atos
Atos is a global leader in digital transformation with c. 82,000 employees and annual revenue of c. โฌ 10 billion. European number one in cybersecurity, cloud and high-performance computing, the Group provides tailored end-to-end solutions for all industries in 69 countries. A pioneer in decarbonization services and products, Atos is committed to a secure and decarbonized digital for its clients. Atos is a SE (Societas Europaea), and listed on Euronext Paris.
The purpose of Atos is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space.
Contacts
Investor relations : David Pierre-Kahn | investors@atos.net | +33 6 28 51 45 96
Individual shareholders : 0805 65 00 75
Press contact : globalprteam@atos.net