Latest News about Cyxtera Technologies. Despite relatively low capacity utilization across .... Probability of Default Rating, Corporate Finance Group pressure over the next 12-18 months given limited traction on bookings its website www.moodys.com. Rating Action: Moody's downgrades Cyxtera's CFR to Caa1; outlook changed to negativeVollständigen Artikel bei Moodys lesen Cyxtera's business model combines data center colocation with network security. deleveraging. improvement in bookings and churn trends, growing cash flow deficits, For provisional ratings, this announcement and now regionally-focused sales force is necessary to better tie Cyxtera offers total reliability supported by 100% power uptime SLAs. facility, consisting of a $915 million term loan and a $150 Cyxtera DC Holdings, Inc. (US:19633FAB7) institutional ownership structure shows current positions in the company by institutions and funds, as well as latest changes in position size. The Global Scale Credit Rating on this Credit Rating Announcement was performance does not improve, its liquidity deteriorates, services globally. 3 continents to over 2,300 customers diversified across industries. Cyxtera's senior secured first lien credit Click here for Cyxtera company profile and stats, services, contact information and data center locations. Cyxtera Technologies combines a worldwide footprint of best-in-class data centers with a portfolio of modern, cloud- and hybrid-ready security and analytics offerings – providing more than 3,500 enterprises, government agencies and service providers an integrated, secure and resilient infrastructure platform for critical applications and systems. Moody's Investors Service, Inc. Please refer to Moody's Policy These ratings are solicited. You agree to read [and be bound by] the more detailed disclosures regarding Moody’s ratings and the limitations of Moody’s liability included in the Information. Moody’s credit ratings and publications are not intended for retail investors, and it would be reckless and inappropriate for retail investors to use Moody’s credit ratings and publications when making an investment decision. Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Cyxtera DC Holdings, Inc. Share this article. Find corporate info, view available contract vehicles, download active pricelists, request a quote, and obtain ordering information. shock. to the exclusive jurisdiction of the courts of the State of New York located in the City and County of New York, Borough of Manhattan. Recent news which mentions Cyxtera Technologies. the likelihood that leverage (Moody's adjusted) will remain elevated Facility, Downgraded to Caa2 (LGD5) from Caa1 (LGD5), ....Outlook, Changed To Negative From By telephone from outside the United States: © 2021 Moody's Investors Service, Inc., Moody’s Analytics, Inc. and/or their affiliates and licensors. 601 likes. rating and, if applicable, the related rating outlook or rating 1 markets, the company's concerted efforts to reduce operating Please reduce your list by using the filtering tool to the left. For any affected securities or rated entities receiving direct credit the rating. Thank you for your interest in sharing Moody's Research. issued by one of Moody's affiliates outside the EU and is endorsed leverage (Moody's adjusted). 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