BUZZ-Cyxtera gains on court approval to access financing

Reuters2023-06-07

** Shares of data-center operator Cyxtera Technologies Inc

up as much as 7.4% at $0.0697

** Co, which filed for bankruptcy on June 4, secures approval to access financing to support ongoing operations

** CYXT says court granted interim approval to access up to $54 mln of $200 mln in debtor-in-possession financing from certain term lenders

** Including session gains, stock has plunged 96.3% YTD

(Reporting by Amna Karimi in Bengaluru)

((Amna.Karimi@thomsonreuters.com; +91 8083261226;))

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