Fixed Income

Financial Strategy and Debt Facilities

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

Credit Ratings

Atento Luxco 1 S.A.

Long-term Outlook Date of last review
Moody’s Ba3 Stable 02.02.2021
Fitch B+ Negative 02.02.2021

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NOTE: these ratings are only an opinion about the Company solvency and may be revised, suspended or withdrawn at any time by the respective rating agency.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

On March 31, 2020 On March 31, 2021
Cash and cash equivalents 162.8 176.1
Debt:
Senior Secured Notes 495.3 493.6
Super Senior Credit Facility 50.0 30.0
BNDES 0.8 0.5
Lease Liabilities (3) 146.1 140.3
Other Borrowings 35.0 37.2
Total Debt 727.1 701.5
Net Debt with third parties (unaudited) 564.4 525.4
EBITDA LTM (non-GAAP) (unaudited) 152.2 159.5
Net Debt/Adjusted EBITDA LTM (non-GAAP) (unaudited) 3.7X 3.3X

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