Cyxtera Technologies

Bids received for Cyxtera, Digital Core REIT’s second-largest tenant  - THE EDGE SINGAPORE

REITs

Bids received for Cyxtera, Digital Core REIT’s second-largest tenant

Bids for Cyxtera raises hopes that worst is over for Digital Core REIT
Analysts mostly lower their target prices on Digital Core REIT after Cyxtera bankruptcy - THE EDGE SINGAPORE

Broker's Calls

Analysts mostly lower their target prices on Digital Core REIT after Cyxtera bankruptcy

Citi and UOB Kay Hian have both reduced their TPs to 67 US cents, while DBS has maintained its TP at 90 US cents.
Digital Core REIT's second-largest customer Cyxtera files for bankruptcy - THE EDGE SINGAPORE

REITs

Digital Core REIT's second-largest customer Cyxtera files for bankruptcy

Cyxtera has obtained a commitment for up to US$200 million of debtor-in-possession financing to support ongoing operations.
Cyxtera’s long term debt of US$853 million matures in 2024 - THE EDGE SINGAPORE

REITs

Cyxtera’s long term debt of US$853 million matures in 2024

Digital Core REIT's second largest customer has dodged a bullet, but faces US$853 million debt maturity in 2024
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