Unlocking New Opportunities: Atos’ Financial Restructuring Comes to a Successful Close
Press Release
Atos opens a new chapter with the successful closing of its financial restructuring. All transactions of Atos’ accelerated safeguard plan have now been implemented, resulting in:
– A more sustainable capital structure with €2.1 billion gross debt reduction
– Additional liquidity thanks to €1.6 billion new money debt and c. €145 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
– Atos’ share capital comprised of 179,035,979,643 shares and 179,035,979,643 theoretical voting rights as a result of the share capital increases
Paris, France – December 19, 2024
Following its December 16, 2024 press release, Atos SE (“Atos” or the “Company”) today announces the successful closing of its financial restructuring, thanks to the completion of the final steps of the accelerated safeguard plan (the “Plan”) approved by the specialized Commercial Court of Nanterre on October 24, 2024.
Atos has reached a significant milestone with the successful completion of its financial restructuring. The company’s efforts have paid off, leading to a more sustainable capital structure and increased liquidity. With the completion of the Plan, Atos can now focus on executing its mid-term strategy with confidence.
The upgraded credit rating by S&P and Fitch demonstrates the market’s confidence in Atos’ financial stability and future prospects. The increase in share capital further strengthens the company’s position in the market.
Overall, Atos’ successful financial restructuring opens up new opportunities for growth and development. The company is now better equipped to navigate the challenges of the market and pursue its strategic objectives.
How it Will Affect Me
As a consumer or investor, Atos’ financial restructuring can have a positive impact on you. The company’s improved financial health and stability can lead to better products and services, as well as increased shareholder value. This could result in potential growth opportunities and enhanced returns on investment.
How it Will Affect the World
Atos’ successful financial restructuring can have a broader impact on the world economy. By strengthening its capital structure and increasing liquidity, Atos can contribute to overall market stability and confidence. The upgraded credit rating also reflects positively on the business environment, potentially attracting more investment and fostering economic growth.
Conclusion
Atos’ financial restructuring marks a significant achievement for the company, setting the stage for a new chapter of growth and success. With a more sustainable capital structure and increased liquidity, Atos is well-positioned to pursue its strategic goals and create value for stakeholders. The successful closing of the financial restructuring opens up exciting opportunities for Atos and demonstrates its resilience in the face of challenges.
