UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
For the month of February 2023
Commission File Number 001-36671
Atento S.A.
(Translation of Registrant's name into English)
1, rue Hildegard Von Bingen, 1282, Luxembourg
Grand Duchy of Luxembourg
(Address of principal executive office)
Indicate by check mark whether the registrant files or will
file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F: ☒ Form 40-F: ☐
Indicate by check mark if the registrant is submitting the
Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Yes: ☐ No: ☒
Note: Regulation S-T Rule 101(b)(1) only permits the submission
in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the
Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Yes: ☐ No: ☒
Note: Regulation S-T Rule 101(b)(7) only permits the
submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish
and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s
“home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as
long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s
security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing
on EDGAR.
Atento announces successful capital raise
• Kyma Capital, MCI and other key investors
have provided new financing to support Atento
• Atento engaged Houlihan Lokey as
financial advisor to assist with the fundraising
• Atento continues to work to add additional
investors to the new financing as part of the Company’s long-term goals
• This significant fundraising strengthens
Atento´s balance sheet and liquidity
NEW YORK, February 3, 2023 – Atento
S.A. (NYSE: ATTO, “Atento” or the “Company”), one of the largest providers worldwide and a leading company
in customer relationship services and business process outsourcing (CRM / BPO), confirms today that it has secured its previously announced
financing program. The additional capital raised will further strengthen Atento’s balance sheet and liquidity position as management
focuses on transforming the business.
Atento engaged Houlihan Lokey as financial
advisor to assist in this round of fundraising. As stated in the Q3 earnings call, Atento has evaluated different financial alternatives
from current investors and other institutions to enhance its liquidity position. Atento will continue to work to add additional investors
as part of the long-term financing goals.
Atento remains focused on driving shareholder
value with significant initiatives directed at both revenue growth and operational optimization. Atento continues working to solidify
its financial position while transforming and elevating Atento´s next generation customer experience. This fundraise fortifies its
commitment to their +400 blue chip clients and operations in 16 countries delivering best-in-class customer experience services.
The fourth quarter has continued the positive
trend by generating strong EBITDA margin growth, delivering the cash balance to close at US$ 84 million on December 31, 2022.
Atento continues to benefit from its unique
leadership position in the Latin American region with a renewed sales focus on near-shore Spanish support, while also remaining on track
to open its first offshore operation in the Philippines with marquee clients.
About Atento
Atento is the largest provider of customer
relationship management and business process outsourcing (“CRM BPO”) services in Latin America, and among the top providers
globally. Atento is also a leading provider of nearshoring CRM BPO services to companies that carry out their activities in the United
States. Since 1999, the company has developed its business model in 16 countries where it employs approximately 130,000 people. Atento
has over 400 clients to whom it offers a wide range of CRM BPO services through multiple channels. Atento’s clients are mostly leading
multinational corporations in industries such as telecommunications, banking and financial services, health, retail and public administrations,
among others. Atento’s shares trade under the symbol ATTO on the New York Stock Exchange (NYSE). In 2019, Atento was named one of
the World’s 25 Best Multinational Workplaces and one of the Best Multinationals to Work for in Latin America by Great Place to Work®.
Also, in 2021 Everest named Atento as a “star performer”. Gartner named the company as a leader for two years in a row, since
2021 in the Gartner Magic Quadrant. For more information visit www.atento.com
Forward-Looking Statements
This press release contains forward-looking statements. Forward-looking
statements can be identified by the use of words such as “may,” “should,” “expects,” “plans,”
“anticipates,” “believes,” “estimates,” “predicts,” “intends,” “continue”
or similar terminology. In particular, these forward-looking statements include those about the effects on Atento and its growth of changes
to it´s executive officers and Board of Directors. These statements reflect only Atento’s current expectations and are not
guarantees of future performance or results. These statements are subject to risks and uncertainties that could cause actual results
to differ materially from those contained in the forward-looking statements. Risks and uncertainties include, but are not limited to,
competition in Atento’s highly competitive industries; increases in the cost of voice and data services or significant interruptions
in these services; Atento’s ability to keep pace with its clients’ needs for rapid technological change and systems availability;
the continued deployment and adoption of emerging technologies; the loss, financial difficulties or bankruptcy of any key clients; the
effects of global economic trends on the businesses of Atento’s clients; the non-exclusive nature of Atento’s client contracts
and the absence of revenue commitments; security and privacy breaches of the systems Atento uses to protect personal data; the cost of
pending and future litigation; the cost of defending Atento against intellectual property infringement claims; extensive regulation affecting
many of Atento’s businesses; Atento’s ability to protect its proprietary information or technology; service interruptions
to Atento’s data and operation centers; Atento’s ability to retain key personnel and attract a sufficient number of qualified
employees; increases in labor costs and turnover rates; the political, economic and other conditions in the countries where Atento operates;
changes in foreign exchange rates; Atento’s ability to complete future acquisitions and integrate or achieve the objectives of
its recent and future acquisitions; future impairments of our substantial goodwill, intangible assets, or other long-lived assets; and
Atento’s ability to recover consumer receivables on behalf of its clients. Atento is also subject to other risk factors described
in documents filed by the company with the United States Securities and Exchange Commission. These forward-looking statements speak only
as of the date on which the statements were made. Atento undertakes no obligation to update or revise publicly any forward-looking statements,
whether as a result of new information, future events or otherwise.
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
|
ATENTO S.A. |
Date: February 3, 2023 |
By: /s/ Dimitrius Oliveira
Name: Dimitrius Oliveira
Title: Chief Executive Officer |
|
|
Exhibit 99.1
Atento announces successful capital raise
| · | Kyma Capital, MCI and other key investors have provided new financing to support Atento |
| · | Atento engaged Houlihan Lokey as financial advisor to assist with the fundraising |
| · | Atento continues to work to add additional investors to the new financing as part of the Company’s
long-term goals |
| · | This significant fundraising strengthens Atento´s balance sheet and liquidity |
NEW YORK, February 3, 2023 – Atento S.A.
(NYSE: ATTO, “Atento” or the “Company”), one of the largest providers worldwide and a leading company in customer
relationship services and business process outsourcing (CRM / BPO), confirms today that it has secured its previously announced financing
program. The additional capital raised will further strengthen Atento’s balance sheet and liquidity position as management focuses
on transforming the business.
Atento engaged Houlihan Lokey as financial advisor to assist
in this round of fundraising. As stated in the Q3 earnings call, Atento has evaluated different financial alternatives from current investors
and other institutions to enhance its liquidity position. Atento will continue to work to add additional investors as part of the long-term
financing goals.
Atento remains focused on driving shareholder value with significant
initiatives directed at both revenue growth and operational optimization. Atento continues working to solidify its financial position
while transforming and elevating Atento´s next generation customer experience. This fundraise fortifies its commitment to their
+400 blue chip clients and operations in 16 countries delivering best-in-class customer experience services.
The fourth quarter has continued the positive trend by generating
strong EBITDA margin growth, delivering the cash balance to close at US$ 84 million on December 31, 2022.
Atento continues to benefit from its unique leadership position
in the Latin American region with a renewed sales focus on near-shore Spanish support, while also remaining on track to open its first
offshore operation in the Philippines with marquee clients.
About Atento
Atento is the largest
provider of customer relationship management and business process outsourcing (“CRM BPO”) services in Latin America, and among
the top providers globally. Atento is also a leading provider of nearshoring CRM BPO services to companies that carry out their activities
in the United States. Since 1999, the company has developed its business model in 16 countries where it employs approximately 130,000
people. Atento has over 400 clients to whom it offers a wide range of CRM BPO services through multiple channels. Atento’s clients
are mostly leading multinational corporations in industries such as telecommunications, banking and financial services, health, retail
and public administrations, among others. Atento’s shares trade under the symbol ATTO on the New York Stock Exchange (NYSE). In 2019, Atento
was named one of the World’s 25 Best Multinational Workplaces and one of the Best Multinationals to Work for in Latin America by
Great Place to Work®. Also, in 2021 Everest named Atento as a “star performer”. Gartner named the company as a leader
for two years in a row, since 2021 in the Gartner Magic Quadrant. For more information visit www.atento.com
Media Relations
press@atento.com
// pablo.sanchez@atento.com
Forward-Looking Statements
This
press release contains forward-looking statements. Forward-looking statements can be identified by the use of words such as “may,”
“should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,”
“predicts,” “intends,” “continue” or similar terminology. In particular, these forward-looking statements
include those about the effects on Atento and its growth of changes to it´s executive officers and Board of Directors. These statements
reflect only Atento’s current expectations and are not guarantees of future performance or results. These statements are subject
to risks and uncertainties that could cause actual results to differ materially from those contained in the forward-looking statements.
Risks and uncertainties include, but are not limited to, competition in Atento’s highly competitive industries; increases in the
cost of voice and data services or significant interruptions in these services; Atento’s ability to keep pace with its clients’
needs for rapid technological change and systems availability; the continued deployment and adoption of emerging technologies; the loss,
financial difficulties or bankruptcy of any key clients; the effects of global economic trends on the businesses of Atento’s clients;
the non-exclusive nature of Atento’s client contracts and the absence of revenue commitments; security and privacy breaches of the
systems Atento uses to protect personal data; the cost of pending and future litigation; the cost of defending Atento against intellectual
property infringement claims; extensive regulation affecting many of Atento’s businesses; Atento’s ability to protect its
proprietary information or technology; service interruptions to Atento’s data and operation centers; Atento’s ability to retain
key personnel and attract a sufficient number of qualified employees; increases in labor costs and turnover rates; the political, economic
and other conditions in the countries where Atento operates; changes in foreign exchange rates; Atento’s ability to complete future
acquisitions and integrate or achieve the objectives of its recent and future acquisitions; future impairments of our substantial goodwill,
intangible assets, or other long-lived assets; and Atento’s ability to recover consumer receivables on behalf of its clients. Atento
is also subject to other risk factors described in documents filed by the company with the United States Securities and Exchange Commission.
These forward-looking statements speak only as of the date on which the statements were made. Atento undertakes no obligation to update
or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
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