Atento (ATTOF) 6-K Current report (foreign)

In connection with the new financing, Atento discloses that:

· as part of its 5-year plan, it projects for fiscal year 2023 EBITDA of $184 million, EBITDA without the effects of IFRS 16 of $131 million, operating cash flow of $93 million (net of changes in working capital of +$24 million, capital expenditures of -$49 million and income tax of -$12 million) and free cash flow of $3 million (net of expected financial expenses prior to this financing of $90 million);

· at the end of January 2023, it had an ending cash balance of $87 million. In the absence of this new financing but assuming other facilities continue rolling, Atento’s 2023 monthly status-quo forecasts project a cash low of c.-$16 million and c.-$18 million in March and April respectively, with a subsequent cash low of c.-$13 million in August of this year (after meeting its expected financial commitments); and

· as of December 2022, it had total unencumbered receivables of $193 million (including billed receivables of $87 million and unbilled receivables of $106 million) with a blue-chip customer base. Prior to the new financing, top 5 and top 10 obligors represented 54% and 62% of the total unencumbered receivable amount, respectively.