LOGO
LOGO

Quick Facts

Atento Enters Into Restructuring Support Agreement With Certain Stakeholders

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Atento S.A. (ATTO) said, following the prior announcement regarding its entry into a term sheet providing for a interim financing of at least $30 million and a path to a comprehensive restructuring transaction, the company has entered into a binding restructuring support agreement with an ad hoc group of financial stakeholders representing more than 75% of its $39.6 million senior secured notes due 2025, 40% of $500 million senior secured notes due 2026, 100% of currently outstanding New Money 2025 Notes and 100% of currently outstanding Junior Lien 2025 Notes.

Atento expects additional parties to accede to the restructuring support agreement over the coming weeks. The company plans completion date for the proposed restructuring as soon as possible, and likely before 1 December 2023.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19