Atos says secures short-term funding through syndication agreements
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FILE PHOTO: The logo of French IT consulting firm Atos is seen on a company building in Bezons near Paris, France, March 20, 2024. REUTERS/Gonzalo Fuentes/File Photo
(Reuters) - French technology company Atos said on Friday it had successfully secured short-term financing via two tranches of loans from creditors, adding it still expected to reach a final restructuring agreement this month.
"These additional tranches of €225 million ($243.41 million) and €350 million of revolving credit facility are subject to an amendment of the facilities previously provided by a group of bondholders, which is expected to be signed shortly," it said in a statement.
The company also said it had obtained a waiver from banks under a 1.5 billion euro term loan.
($1 = 0.9244 euros)
(Reporting by Olivier Sorgho, editing by Tassilo Hummel)
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