Atos says secures short-term funding through syndication agreements

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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.

The company also said it had obtained a waiver from banks under a 1.5 billion euro term loan.

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Article Details

Category: EconomyBusiness

Markets: SingaporeFrance

Topics: 2024 Atos French Photo: Company Experience Mediacorp Million Tranches File Expected

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-05 @ 13:53:30 (2 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 170 words

Reading Time: 1 minutes read

Sentences: 7 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 21488184

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