Overview

• 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.