Atos Seeks Bank Assistance for Refinancing Amid Rights Issue Setback
TL;DR Summary
Atos is in talks with creditors for refinancing after canceling a €720 million rights issue, facing over €2 billion in debt payments next year. The company is also negotiating the sale of its Tech Foundations and BDS business, while its subsidiary Eviden is involved in building Europe's first exascale supercomputer system. Atos faces challenges in restructuring and managing its maturing debts, with potential changes to its capital structure that could impact existing shareholders.
- Atos talks to banks over refinancing after rights issue falls through The Register
- Atos calls for help after plan to raise new capital falters CIO
- Market update - February 5 Yahoo Finance
- Atos shares plunge after IT group cancels rights issue and starts debt talks Financial Times
- Atos Requests Appointment of Third Party to Assist in Refinancing Talks MarketWatch
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