
Colo Q4 2022 results: Cyxtera posts a $355m net loss for 2022, cancels earnings call
Company extends some maturing debt, efforts ongoing to extend the rest
Company extends some maturing debt, efforts ongoing to extend the rest
Takes note financing to more than $2 billion
Company secures large overseas loan facility
Money will be raised through securitization of revenue from eight data centers
Funds will be backed by company’s 30 data centers across North America
And a major shareholder reduces its stake
Company to use money to buy and develop data centers
Company has AU$2 billion to hand to expand
Company raises debt to finish Irish data centers in Dublin and County Wicklow
But the company hasn’t shared the details
Nordic fiber and data center firm consolidating previous loans and funding expansion
Includes a surplus for ‘general corporate purposes’
Most of the money will go towards Vantage's debt
Gets more money from old loans