- A group of existing investors have agreed to provide Atento ( NYSE: ATTO ) with a new financing commitment that will address the company's near-term liabilities and provide the company with additional financial flexibility.
- The total capital raised is ~$40M.
- The company intends to pay its coupon payment obligations under its senior secured notes due 2026 and all associated hedge payments upon completion of the new financing.
- The company also continues to execute its business plan while maintaining a strong positive growth trend in EBITDA margin.
For further details see:
Existing investors to provide ~$40M financing to Atento