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Atento Announces Proposed Offering of Senior Secured Notes

Atento S.A., 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, announced that its wholly owned subsidiary, Atento Luxco 1, has launched a proposed private offering of senior secured notes.

Concurrent with the announcement of this proposed offering of Notes, Atento has announced that the Issuer is making an any and all-cash tender offer to refinance the Issuer’s outstanding 6.125% Senior Secured Notes due 2022 (the “Existing Notes”). The Issuer intends to use the net proceeds from the offering of the Notes to refinance the Existing Notes.

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The Notes will be guaranteed on a senior secured basis by certain of Atento’s wholly-owned subsidiaries within 45 business days following the issue date of the Notes. The Notes and the guarantees will be secured, subject to permitted liens and other limitations, by a first-priority lien on the capital stock of the Issuer and each of the guarantors within 120 days following the issue date of the Notes.

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The Notes and related guarantees are being offered only to “qualified institutional buyers” in reliance of Rule 144A under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or outside of the United States, to persons other than “U.S. persons” in compliance with Regulation S under the Securities Act. The Notes and the related guarantees have not been and will not be registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.

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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