Rackspace technology announces pricing of $550 million notes offering by rackspace technology global

San antonio, feb. 02, 2021 (globe newswire) -- rackspace technology™ (nasdaq: rxt) today announced that its wholly owned subsidiary rackspace technology global, inc. (the “company”) has priced its offering of $550.0 million aggregate principal amount of 3.50% first-priority senior secured notes due 2028 (the "notes") at an issue price of 100.000%. the closing of the offering is expected to occur on february 9, 2021 and is subject to customary closing conditions.
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