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Rackspace Technology Global (RXT) has priced $550M of 5.375% senior notes due 2028 at an issue price of 100%.Closing date is December 1. Net proceeds together with cash on hand will be used to fund the refinancing of all of the company’s outstanding 8.625% senior notes due 2024 and to pay related fees and expenses.Shares up 1.1% premarket.Press release