Cyxtera receives court approval for “first day” motions

Miami--(business wire)---- $cyxt #colocation--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 company's voluntary chapter 11 petitions filed on june 4, 2023. the court granted interim approval to access up to $54 million of the $200 million in debtor-in-possession financing from certain of its term lenders. in addition,.
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