Cyxtera Technologies (CYXT) Court Approval for "First Day" Motions

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Go back to Cyxtera Technologies (CYXT) Court Approval for "First Day" Motions

Cyxtera Receives Court Approval for “First Day” Motions

June 6, 2023 3:19 PM EDT

Secures Approval to Access Financing to Support Ongoing Operations

Continuing to Operate Unique Global Platform of Highly Interconnected Data Centers Without Interruption

MIAMI--(BUSINESS WIRE)-- Cyxtera (NASDAQ: CYXT), a global leader in data center colocation and interconnection services, today announced that it has received approvals from the U.S. Bankruptcy Court for the District of New Jersey for its First Day motions related to the Companys voluntary Chapter 11 petitions filed on June 4, 2023.

The Court granted interim approval to access up to $54 million of the $200... More