Atos Secures $1.82 Billion Funding for Debt Restructuring

Majority of creditors agree to lock-up deal, ensuring liquidity and new governance structure for French IT firm.

Atos has secured €1.68 billion in new financing from existing creditors.
Creditors have agreed to convert €2.9 billion of loans and bonds into equity.
The company has also obtained €800 million in interim financing, with €450 million already accessible.
Remaining creditors have until July 22 to join the agreement.
New governance will be announced after the restructuring, expected to conclude by early 2025.