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Atento Successfully Completes Its Debt Refinancing


Atento Successfully Completes Its Debt Refinancing
- New $500M 5NC3 SSN matures in February 2026, extending average debt life to 4.5 years
- Net proceeds used to fully redeem the 2022 notes
- Company to remain focused on improving capital structure to unlock value to shareholders
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NEW YORK, Feb. 23, 2021 /PRNewswire/ Atento S.A. (NYSE: ATTO) ( Atento or the Company ), the largest provider of customer relationship management and business-process outsourcing services in Latin America, and among the top five providers globally based on revenue, today announced that its wholly owned subsidiary, Atento Luxco 1 (the Issuer ), has completed the refinancing of its remaining 6.125% Senior Secured Notes due 2022 (the Existing Notes ). As previously announced, the Issuer has closed a private offering of senior secured notes in an aggregate principal amount of $500 million due 2026 (the Notes ). The net p ....

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