Atento enters into a restructuring support agreement with certain key financial stakeholders
Atento enters into a restructuring support agreement with certain key financial stakeholders to obtain support for a comprehensive balance sheet restructuring atento continues to work with additional financial stakeholders to achieve a consensual deal new york , july 3, 2023 /prnewswire/ -- atento s.a. (nyse: atto, "atento" or the "company"), one of the world's largest customer relationship management and business process outsourcing (crm / bpo) service providers and an industry leader in latin america, announces that, following its announcement on 23 june 2023 regarding its entry into a term sheet providing for a new interim financing of at least $30 million and a path to a comprehensive restructuring transaction to significantly deleverage its balance sheet, atento has entered into a binding restructuring support agreement with an ad hoc group of financial stakeholders representing more than 75% of its us$39.6 million senior secured notes due 2025, 40% of its us$500 million senior secured notes due 2026, 100% of its currently outstanding new money 2025 notes (as defined below) and 100% of its currently outstanding junior lien 2025 notes (as defined below).
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