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Julie Cohen
Director of Marketing and Communications
212.701.3614
jcohen@cahill.com

Cahill Represents Debt Financing Sources for Rackspace Technology Global, Inc.

Date: 02/09/21

Cahill represented the initial purchasers in connection with a Rule 144A offering of $550,000,000 aggregate principal amount of 3.50% first-priority senior secured notes by Rackspace Technology Global, Inc. (“Rackspace”), a leading end-to-end multicloud technology services company. Cahill also represented the lead arrangers in connection with an amendment to, among other aspects, extend the maturity of the $2,300,000,000 term B credit facility and an amendment to the $375,000,000 revolving credit facility for Rackspace. Proceeds from the debt financings were used to refinance existing indebtedness and for general corporate purposes.

Julie Cohen
Director of Marketing and Communications
212.701.3614
jcohen@cahill.com