Cyxtera Technologies Inc (fka CYXTQ)

[Magnum7419]

The Debtors will continue to operate their businesses and manage their properties as “debtors-in-possession” through a pre-arranged financial restructuring plan (the “Plan”) under the jurisdiction of the Bankruptcy Court and in accordance with the applicable provisions of the Bankruptcy Code and the orders of the Bankruptcy Court. To ensure the Debtors’ ability to continue operating in the ordinary course of business and minimize the effect of the restructuring on the Debtors’ customers and employees, the Debtors filed with the Bankruptcy Court motions seeking a variety of “first-day” relief, including the authority to obtain up to $200 million of “debtor-in-possession” financing from certain of the term lenders that are party to the previously disclosed Restructuring Support Agreement, dated as of May 4, 2023, among certain of the Debtors and the consenting stakeholders party thereto (together with all exhibits and schedules thereto, the “Restructuring Support Agreement”), to pay employee wages and benefits and to pay vendors and suppliers in the ordinary course for all goods and services. The Restructuring Support Agreement contemplates agreed-upon terms for the P"
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