Atos Seeks 600 Million Euros in Refinancing Effort

The French IT firm plans to extend debt maturity and secure government support amid ongoing challenges.

Atos, a French IT consulting firm, is seeking 600 million euros in cash to fund its business for 2024 and 2025, aiming to restructure its debt.
The company plans to raise the funds through debt and equity from existing stakeholders or third-party investors by April 26.
Atos aims to extend the maturity of its debt, including 3.65 billion euros due by the end of 2025, by five years.
France has pledged to grant a 50 million euro loan to Atos, increasing the state's influence over the firm's strategic activities.
Atos is facing challenges including profit warnings, a revolving door of CEOs, and the collapse of potential asset sales.