The restructuring of the Group was implemented by means of a debt-for-equity swap pursuant to which creditors acquired control of the new Luxembourg parent.

Pursuant to the restructuring, additional liquidity in the amount of USD 113 million was provided with liabilities in the region of USD 663 million being extinguished.

Atento is the largest provider of customer relationship management and business process outsourcing (CRM BPO) services in Latin America and one of the leading providers worldwide.

For more information, don’t hesitate to reach out to one of the following advisers on the transaction.