Atos Cancels €720 Million Rights Offering Ahead of Debt Wall
The embattled French IT company said conditions for the rights offering were “no longer applicable” and that a standby underwriting commitment from BNP Paribas and JPMorgan was also no longer in effect, according to a statement on Monday.
https://www.bloomberg.com/news/artic...premium-europe
- French IT company’s plunged as much as 30% to a record low
- Atos requested court-appointed mediator for refinancing talks
The embattled French IT company said conditions for the rights offering were “no longer applicable” and that a standby underwriting commitment from BNP Paribas and JPMorgan was also no longer in effect, according to a statement on Monday.
https://www.bloomberg.com/news/artic...premium-europe
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