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Atos obtains short-term loans, anticipates finalizing restructuring soon

French technology company Atos said on Friday it had successfully secured short-term financing via two tranches of loans from creditors, adding it still expected to reach a final restructuring agreement this month.

“These additional tranches of €225 million ($243.41 million) and €350 million of revolving credit facility are subject to an amendment of the facilities previously provided by a group of bondholders, which is expected to be signed shortly,” it said in a statement.

The company also said it had obtained a waiver from banks under a 1.5 billion euro term loan. Reuters

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