Press Release Market Update Revised global financial restructuring proposal received from the representative committee of bondholders (SteerCo) taking into account the end of discussions with Onepoint, Butler Industries and Econocom Business activities in line with the business plan presented on April 29, 2024 Finalization of the agreement aimed at protecting the sovereign interests of the French State with respect to certain activities carried out by the Atos Group Objective of reaching a definitive financial restructuring agreement by July 2024 remains unchanged EPEI also proposed to restart discussions with the Company and its financial creditors Paris, France - June 26, 2024 – Atos SE ("Atos” or the "Company”) announces it has received from the representative committee of its bondholders (Steerco) a revised global financial restructuring proposal taking into account the decision from Onepoint, Butler Industries and Econocom to withdraw from discussions on 25 June 2024.
The definitive financial restructuring agreement would then be implemented through a dedicated accelerated procedure1 from the week starting July 22.* Atos SE confirms that information that could be qualified as inside information within the meaning of Regulation No.596/2014 of 16 April 2014 on market abuse and that may have been given on a confidential basis to its financial creditors has been published to the market, either in the past or in the context of this press release, with the aim of re-establishing equal access to information relating to the Atos Group between the investors.*** Disclaimer This document contains forward-looking statements that involve risks and uncertainties, including references, concerning the Group’s expected growth and profitability in the future which may significantly impact the expected performance indicated in the forward-looking statements.
This letter will be published today on the Atos website and will be accessible through the following link: Next steps The Company confirms its objective of reaching a definitive financial restructuring agreement with a majority of financial creditors during the week of July 22, 2024 and expects that: An in-principle financial restructuring agreement with the financial creditors would be reached during the week starting June 24;The new money backstop process for the €1.5 billion new money debt and €75 million new money equity to be provided as part of the restructuring plan starts during the week starting June 24;The lock-up agreement would be expected during the week starting July 8;The accession to the lock-up agreement would be open from the week starting July 8 to the week ending July 19.
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