Secured creditors of Cyxtera have the right to "credit bid" in this Chapter 11 bankruptcy process. This allows a secured creditor to bid at the bankruptcy auction, using the debt owed to them as credit instead of cash. This right is crucial for secured creditors, as it ensures they can protect their interests in the assets securing their claims. Ultimately, credit bidding can discourage low bids, as secured creditors have the ability to bid up to the full value of their claim.