MADRID Dec 12 Spain's Telefonica said
on Wednesday that its debt will fall by about 812 million euros
($1.06 billion) after closing the sale of its Atento call centre
business to U.S. private equity firm Bain Capital.
Telefonica said its debt position will further improve as
more payments come in for Atento, which was sold with an
enterprise value of 1.05 billion euros.
The deal included 110 million euros in financing from
Telefonica and 110 million euros in deferred payments.
($1 = 0.7693 euros)
(Reporting By Tracy Rucinski; Editing by Julien Toyer)