Atos, a French IT group, has initiated talks with its banks to refinance its debt, leading to the cancellation of a planned €720 million rights issue. The company's shares have plummeted, and concerns about its debt and potential break-up are escalating. Bond investors are apprehensive about being primed as the company progresses in debt talks with its lenders.
Once a shining star in the French business world, Atos is now facing a critical juncture. Its share price has plummeted, debt threatens to drown it, and a potential break-up looms. Read more at: https://t.co/j7kZ4JTrVs https://t.co/cHUnRD0KrG
Bond investors in French IT group Atos are concerned about being primed as the company progresses in debt talks with its lenders. Read more: https://t.co/vNHw71qXgj #restructuring
Atos, France's IT giant and wannabe competitor to Accenture and Capgemini, is struggling as a debt wall looms https://t.co/KFynzYPttD
Atos talks to banks over refinancing after rights issue falls through https://t.co/mjaEfAKhJU
French IT group Atos has entered talks with its banks to refinance its debt, and says conditions for a planned €720M rights issue are "no longer applicable" (Bloomberg) https://t.co/JQ7IwRkXvW 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/S3XmonuEPA
New Atos debt talks imminent as tech firm seeks refinancing agreement with lenders https://t.co/RLXTjXiQGZ https://t.co/gMBA02PcQB
Atos shares tank after IT group cancels rights issue and starts debt talks https://t.co/DnkDNAKLj3
Atos says it has entered talks with its banks to refinance its debt, and that conditions for a planned €720 million rights issue were “no longer applicable” https://t.co/t0FTo3tgev