Atos Warns of Viability as Business After Debt Rises, Net Loss Grows [Yahoo! Finance]
ATOS ORIGIN SA UNSP/ADR (AEXAY)
NASDAQ:AMEX Investor Relations:
atos.net/en/investors
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Source: Yahoo! Finance
Recommended Stories Reuters (Reuters) -Atos, the crisis-hit French IT consulting firm whose shares have plummeted over the last two years, said it was aiming to restructure its debt by July, paving the way for a potential capital increase to shore up its balance sheet. Atos says it still has enough liquidity to run the business for now but its debt burden has become unsustainable, with 3.65 billion euros worth of debt due by end of 2025, as recent attempts to inject cash from asset sales failed. The company had already opened talks with its banks to refinance its financial debt. Bloomberg (Bloomberg) -- Atos SE gave itself until the week of April 8 to present creditors with a refinancing framework as it aims to head off a looming repayment crisis.Most Read from BloombergTrump's Net Worth Hits $6.5 Billion, Making Him One of World's 500 Richest PeopleTrump Vows to Pay Fraud Trial Bond Cut by 68% to $175 MillionBiden Gains Ground Against Trump in Six Key States, Poll ShowsVital
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