Atos Secures Short-Term Funding via Syndication Agreements

French technology company Atos (ATOS.PA) announced on Friday that it has successfully secured short-term financing through two tranches of loans from creditors. The company also reiterated its expectation of reaching a final restructuring agreement by the end of this month.

“These additional tranches, consisting of €225 million ($243.41 million) and €350 million of a revolving credit facility, are contingent upon an amendment to the previously provided facilities by a group of bondholders, which is expected to be signed soon,” Atos stated.

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