Financial Strategy and Debt Facilities

Atento’s financial strategy is based on the following principles:

  • Liquidity risk managed by maintaining a disciplined maturity profile in line with cash flow generation
  • Financial Flexibility and Cost efficiency
  • Debt denominated in local currency or hedged through derivatives when denominated in foreign currency
  • Diversification of financing sources

 

Credit Ratings

Atento Luxco 1 S.A.

Long-term Outlook Date of last review
Moody’s Ba3 Stable 01.16.2019
Fitch BB Stable 12.11.2018

 

Atento Brasil S.A

National Rating Perspective
Fitch AA (bra) Stable

NOTE: these ratings are only an opinion about the Company solvency and may be revised, suspended or withdrawn at any time by the respective rating agency.

 


Net Financial Debt

As of December 31, As of September 30,
2015 2016 2017 2018 2018 2019
(unaudited)
Cash and cash equivalents 184.0 194.0 141.8 133.5 97.7 105.5
Debt:
Senior Secured Notes 301.7 303.3 398.3 400.0 393.3 493.5
Brazilian Debentures 168.1 156.6 21.1 14.7 16.2
BNDES: 74.7 71.4 50.4 24.0 27.9 1.2
Finance lease payables 4.7 3.6 10.5 5.5 6.2 148.2
Contingent Value Instrument 26.3
Other borrowings 0.1 6.0 15.5 14.3 27.5
Total Debt 575.6 534.9 486.3 459.8 458.0 670.4
Net Debt with third parties (unaudited) 391.6 340.9 344.5 326.2 360.2 564.8
Adjusted EBITDA LTM (non-GAAP) (unaudited) 249.7 221.9 221 184.8 200.9 171.7
Net Debt/Adjusted EBITDA LTM (non-GAAP) (unaudited) 1.6x 1.5x 1.6x 1.8x 1.8x 3.3x

NOTE: For further information, please access Atento S.A. FORM F-1 REGISTRATION STATEMENT

 

Investor Contact

Shay Chor

+55 11 3293 5926

Fernando Schneider

+55 11 3779 8119

Email Alerts