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Cyxtera Technologies
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
June 22, 2023
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.
June 06, 2023
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.
June 05, 2023
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
March 20, 2023