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Cyxtera handed $200m lifeline as it officially files for bankruptcy

The company’s subsidiaries in Germany, Singapore and the United Kingdom are not included in the court-supervised process.

By João Marques Lima

Founder and Editor, The Tech Capital

4 Mins

June 05, 2023 | 12:55 PM BST

Cyxtera handed $200m lifeline as it officially files for bankruptcy

Nelson Fonseca, Cyxtera’s Chief Executive Officer. Source: Cyxtera

The Tech Capital

US data centre company Cyxtera (NASDAQ: CYXT) has officially filed for bankruptcy whilst it has secured a new lifeline debtor-in-possession financing worth US$200 million to help it navigate the process.

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João Marques Lima

Founder and Editor, The Tech Capital

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