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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI UST Issuance Deep Dive: Dec 2024
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Atos (CCC-) Refinancing Creditor Terms
- Atos is discussing a EUR 1.5bn secured debt and EUR 75mn equity financing with stakeholders, split between bank-type loans (EUR 750mn) and bonds (EUR 750mn).
- Creditors of the EUR 1.5bn Term Loan A and EUR 900mn RCF can join the new financings, divided into EUR 450mn loans and EUR 300mn guarantees, on unspecified terms.
- Bondholders for 2024-2029 maturities can join via new bonds (EUR 750mn), proportional to their equity financing participation.
- Incremental interim financing of EUR 350mn is open to Term Loan A creditors (max EUR 75mn), RCF creditors and bondholders for the remainder, allocated pro-rata based on June 14, 2024, holdings.
- EUR 28s are 25c lower in early trading; muted compared to recent vol.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.