French IT firm Atos seeks over $1 billion in new funds: report
ETtech.com -

Crisis-hit French IT firm Atos has told creditors and bondholders it is seeking more than 1 billion euros ($1.09 billion) in new funds, Bloomberg News reported on Monday, citing people with direct knowledge of a new restructuring plan. Atos is aiming to convert about half of its $5 billion debt into equity as part of the plan disclosed during a confidential meeting on Monday, Bloomberg said. Atos has not made immediately clear who would inject cash in the company and how remaining debt terms...

Related Articles

Latest in News

More from ETtech.com | atos France IT firm IT firm Atos gabriel attal