Digital Realty's resolution with Cyxtera is seen as strategic, boosting its financial position and ability to provide sustainable value to stakeholders, says CIO Greg Wright.
$DigiCore Reit USD (DCRU.SG)$ $Cyxtera Technologies (CYXTQ.US)$ $Digital Realty Trust Inc (DLR.US)$ Brookfield Infrastructure Partners and Digital Realty Trust are reportedly TWO of the SIX bidders eyeing to acquire Cyxtera during the restructuring process. Bankruptcy Court for the District of New Jersey has authorized steps to attract new equity interests to maximize value for first lien lenders. 1. Stalking Horse Deadline - 16 Aug 2023 2. Final Bid Deadline - 18 Aug 2023 3. Auction - 30 Aug 20...
$DigiCore Reit USD (DCRU.SG)$ $Cyxtera Technologies (CYXTQ.US)$ Cyxtera operates more than 60 data centres totaling 245MW across 29 markets globally; the majority of its portfolio is leased from Data centre landlords like DCRU. Since its bankruptcy filing on 4th June 2023, Cyxtera has reportedly rejected five leases with four different landlords: - one lease at Amsterdam with CyrusOne (6% occupancy, 3MW); - on...
$DigiCore Reit USD (DCRU.SG)$$Cyxtera Technologies (CYXTQ.US)$ Share price of DCRU’s 2nd largest tenant CYXTERA bumped up ~360% (from 1.7 cent to 7.8 cents) in less than 2 weeks, this is after CYXTERA filed chapter 11 bankruptcy protection in early June 2023. Since equityholders haven’t been wiped out completely, the chance of CYXTERA defaulting the signed leases (with passing rents significantly below the current market rents) is becoming minima...
allen kidd
allen kidd
:
I bought 300 the day before Q got put on the end of the ticker and now I'm stuck with them. can't buy more or sell the ones I have.
Megadad2186
:
I have 2400 shares that I bought and can't seem to buy more or even sell what I have. can you tell me if my shares are still owned by me. and if so where do I go to trade my shares
Cyxtera Technologies Stock Forum
$Cyxtera Technologies (CYXTQ.US)$
$Digital Realty Trust Inc (DLR.US)$
Brookfield Infrastructure Partners and Digital Realty Trust are reportedly TWO of the SIX bidders eyeing to acquire Cyxtera during the restructuring process.
Bankruptcy Court for the District of New Jersey has authorized steps to attract new equity interests to maximize value for first lien lenders.
1. Stalking Horse Deadline - 16 Aug 2023
2. Final Bid Deadline - 18 Aug 2023
3. Auction - 30 Aug 20...
$Cyxtera Technologies (CYXTQ.US)$
Cyxtera operates more than 60 data centres totaling 245MW across 29 markets globally; the majority of its portfolio is leased from Data centre landlords like DCRU.
Since its bankruptcy filing on 4th June 2023, Cyxtera has reportedly rejected five leases with four different landlords:
- one lease at Amsterdam with CyrusOne (6% occupancy, 3MW);
- on...
Share price of DCRU’s 2nd largest tenant CYXTERA bumped up ~360% (from 1.7 cent to 7.8 cents) in less than 2 weeks, this is after CYXTERA filed chapter 11 bankruptcy protection in early June 2023.
Since equityholders haven’t been wiped out completely, the chance of CYXTERA defaulting the signed leases (with passing rents significantly below the current market rents) is becoming minima...
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