Atento Announces Postponement of Senior Secured Notes Offering

NEW YORK, October 2, 2020 – Atento S.A. (NYSE: ATTO) (“Atento” or the “Company”), the largest provider of customer relationship management and business-process outsourcing services in Latin America, and among the top five providers globally based on revenue, today announced that its wholly owned subsidiary, Atento Luxco 1 (the “Issuer”), has decided to postpone its previously announced proposed private offering of new senior secured notes (the “Notes”) due to unfavorable market conditions.

Concurrent with this announcement of the postponement of the offering of Notes, Atento has announced that the Issuer is terminating its previously announced any and all cash tender offer to refinance the Issuer’s outstanding 6.125% Senior Secured Notes due 2022. The Issuer had intended to use the net proceeds from the offering of the Notes, together with cash on hand, to finance the tender offer.

The Issuer thanks investors for their engagement in the process to-date and will review its options once market conditions stabilize. The Issuer remains committed to delivering on its Three Horizon Plan.

This press release is for informational purposes only and is not an offer to purchase or a solicitation of an offer to sell the Notes or any other securities. Any offer of the Notes will be made only by means of a private offering circular

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