Final agreement on financial restructuring still targeted for July 2024 €450 million interim financing agreed with financial creditors €350 million of additional short-term financing being negotiated as part of the submitted revised financial proposals Due diligence in progress on the potential acquisition by the French State of the Advanced Computing, Mission-Critical Systems and Cybersecurity Products activities of Atos SE Offers received for Worldgrid business under review Paris, France – June 3, 2024 As part of the ongoing discussions under the aegis of the Conciliator, Maître Hélène Bourbouloux and the French CIRI (Comité Interministériel de Restructuration Industrielle), Atos SE ("Atos” or the "Company”) announces that it has received two revised financial restructuring proposals from: EPEI in consortium with Attestor Limited;A consortium comprising Onepoint, Butler Industries and Econocom, and a group of some of the Company’s creditors These proposals will be posted today on Atos’ website and will be accessible through the following link Investors - Atos.
Press Release Market update Two revised financial restructuring proposals received as part of the conciliation process from: EPEI in consortium with Attestor LimitedA consortium comprising Onepoint, Butler Industries and Econocom, and a group of some of the Company’s creditors Both proposals are generally consistent with the financial parameters set by the Company, including debt reduction and near-term and mid-term financing needs: Atos’ Board of Directors has authorized management to work with the Company’s financial creditors, under the aegis of the Conciliator, to ensure the maximum support is likely to be secured for one of those proposals by June 5, 2024.
Update on the interim financing Further to its press release dated April 9, 2024, in which Atos announced a €450 million interim financing agreed in-principle, the Company confirms that: The €100 million revolving credit and term loan facilities to be provided by a group of bondholders have been received;The €50 million loan from the French State through the FDES (Fonds de Développement Economique et Social) to a subsidiary of Atos, Bull SAS, which controls sovereign sensitive activities has been received;The €300 factoring program with the banks has been agreed.
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