---
schema_version: "secwatch.filing_event.v1"
accession: "0001810019-24-000037"
form_type: "8-K"
ticker: "RXT"
cik: "0001810019"
company_name: "Rackspace Technology, Inc."
filed_at: "2024-03-14T23:59:59+00:00"
generated_at: "2026-06-04T21:29:00.859325+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Rackspace launches exchange offer for 3.50% senior secured notes due 2028

## Summary
- Exchange offer for any and all existing 3.50% First-Priority Senior Secured Notes due 2028.
- Early participation deadline March 28, 2024; per $1,000 principal: $700 new Exchange Notes + $0.7875 cash.
- Late participation (by April 11): $670 new Exchange Notes + $0.7875 cash per $1,000 principal.
- Separate Funding Offer: Participating holders can purchase New FLFO Term Loans at $101.02436 per $1,000 (1% OID).
- New issuer Rackspace Finance, LLC; eligible holders must be QIBs or non-U.S. persons.

## SEC filing metadata
- accession: 0001810019-24-000037
- form_type: 8-K
- ticker: RXT
- cik: 0001810019
- company_name: Rackspace Technology, Inc.
- filed_at: 2024-03-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1810019/000181001924000037/0001810019-24-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1810019/000181001924000037/rxt-20240314.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001810019-24-000037
- JSON: https://secwatch.observer/filing/0001810019-24-000037.json
- Plain text: https://secwatch.observer/filing/0001810019-24-000037.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.