Fixed Income

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 30.03.2017
Fitch BB Stable 20.12.2016
 

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NOTE: these ratings are only an opinion about the Company solvency and may be revised, suspended or withdrawn at any time by the respective rating agency.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,
2014 2015 2016 2017 2017
(unaudited) (unaudited)
Cash and cash equivalents 211.4 184 194 177.9 162.8
Short term financial investments 26.9 - -
Debt:
Senior Secured Notes 300.3 301.7 303.3 297.4 393.8
Brazilian Debentures 245.9 168.1 156.6 211.8 22.5
Contingent Value Instruments 36.4 26.3 - 24 -
Finance lease payables 9.0 4.7 3.6 3.8 9.8
Other borrowings 61.7 74.8 71.4 76.9 79.6
Total Debt 653.3 575.6 534.9 613.9 505.7
Net Debt with third parties (unaudited) 415 391.6 340.9 436 342.9
Adjusted EBITDA LTM (non-GAAP) (unaudited) 305.3 249.7 221.9 227.5 224.4
Net Debt/Adjusted EBITDA LTM (non-GAAP) (unaudited) 1.4x 1.6x 1.5x 1.9x 1.5x

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

Investor Contact

Shay Chor

+55 11 3293 5926


Felipe Joaquim Martins de Souza

+55 11 3779 8053

Email Alerts

Email Address *
Mailing Lists *





 
Enter the code shown above.