NEW ISSUE: Atos SE E1.2bn sr sec , 5NC2 fixed IPT high 8s; 5NC1 FRN E+575bp area, pxg tomorrow
HYC European Market: Deal Flow - General
Issuer
Term
Call
Size
Ranking
Type
IPT
Atos S.E.
5NC2
2y
bmk
Snr Sec
Fixed
High 8%s
Atos S.E.
5NC1
1y
bmk
Snr Sec
Floating
Mid-high 500s
IPTs: 5NC2: fixed High 8%s 5NC1 FRN: Mid-high 500s
Issuer:Atos S.E.
Business: Atos Group is a leading provider of digital and managed services, which focuses on cloud infrastructure, employee experience, cybersecurity and technology services delivered through decarbonized, automated and AI-powered solutions.
Expected Corporate Ratings: B-/B- (S&P/Fitch)
Expected Issue Ratings: B+/BB- (S&P/Fitch)
Format: Reg S / 144A
Size: €1,200m
Ranking: Senior Secured
Joint Global Coordinators and Physical Bookrunners: Barclays (B&D), Goldman Sachs Bank Europe SE, ING
UoP: (i) Repay in full and in priority the 1L Term Loan, including accrued cash interest and PIK interest thereon, (ii) fund the repurchase or the redemption of the 1L Notes, including the accrued cash and PIK interest, as well as any potential applicable redemption premium thereon (as applicable), and (iii) pay fees and expenses in connection with the Transactions.
Denominations: €100,000 x €1,000
Governing Law: New York Law
Listing: Application will be made for the listing on the Official List of and admission to trade on The International Stock Exchange
Target Market: Eligible counterparties and professional clients only (all distribution channels)
Schedule:
GIC: Thursday 07-May-26 at 10am UKT
Virtual Roadshow Meetings: Thursday 07-May-26 and Friday 08-May-26