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Data centre operator Cyxtera closes facility with PNC Bank

The operator, which currently enjoys a market capitalisation of ~US$986 million, said the facility reduces interest expense.

By João Marques Lima

Founder and Editor, The Tech Capital

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September 12, 2022 | 10:26 AM BST

Data centre operator Cyxtera closes facility with PNC Bank

Cyxtera Technologies IPO took place in June 2021. Source: Cyxtera

The Tech Capital

Data centre colocation and interconnection services provider Cyxtera (NASDAQ: CYXT) has closed an accounts receivable securitisation facility of US$37.5 million with PNC Bank, N.A.

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João Marques Lima

Founder and Editor, The Tech Capital

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