French IT firm Atos secures €1.675bn in debt restructuring funding from majority creditors.

French IT company Atos has secured €1.675bn ($1.82bn) in debt restructuring funding from a majority of its creditors, including banks and bondholders, through a 'lock-up' agreement. The remaining creditors have until July 22 to join, and Atos has also secured interim financing of €800m, with €450m already accessible. The company aims to finalize its financial restructuring plan by the end of 2024 or early 2025.