- Bloomberg
Atos Reaches Restructuring Deal Giving Creditors Control
(Bloomberg) -- Atos SE’s creditors reached an agreement with the company that will see them take control of the embattled French IT services company instead of an outside investor.Most Read from BloombergJustice Department to Charge Boeing, Seeks Guilty Plea from PlanemakerBiden Asks Donors to Stay Following Disastrous DebateBiden's Defiance Has Democrats Fearing They'll Lose White HouseCLOs Have Too Much Money and Are Running Out of Things to BuyBiden Party Allies Close Ranks as Poll Signals Vo
- Reuters
Atos reaches deal with creditors on debt restructure terms
PARIS (Reuters) -French technology company Atos (ATOS.PA) reached an agreement with a group of banks and bondholders on terms for its debt restructuring, the company said on Sunday. The restructuring plan involves a 233-million-euro ($250 million) contribution via a capital increase with preferential subscription rights, it said in a statement. About 2.8 billion euros of Atos' debt will be turned into equity, bringing the total amount of converted debt to 2.9 billion euros.
- Bloomberg
Atos’s Biggest Investor Scraps Rescue Plan, Leaving Few Options
(Bloomberg) -- Negotiations to bail out Atos SE were dealt another blow after its largest shareholder walked away from a plan to rescue the troubled French IT company, leaving it with dwindling options. Most Read from BloombergYouTuber Dr Disrespect Was Allegedly Kicked Off Twitch for Messaging MinorSupreme Court Poised to Allow Emergency Abortions in IdahoVolkswagen Invests $5 Billion in EV Startup Rivian to Form Joint VentureFedEx Stokes Investors With Hint of a Freight DealNvidia Rout Takes B
