Rackspace Technology Announces Early Tender Results of the Exchange Offer Relating to its 3.50% First-Priority Senior Secured Notes due 2028 - Seite 2

  With respect to $700 Principal Amount of Existing Secured Notes   With respect to $300 Principal Amount of Existing Secured Notes   With respect to $670 Principal Amount of Existing Secured Notes   With respect to $330 Principal Amount of Existing Secured Notes 750098 AB1
U7502E AB0   $700 of Exchange Notes⁽²⁾   $0.7875 in cash (the “Early Payment Amount”)⁽³⁾   $670 of Exchange Notes⁽²⁾   $0.7875 in cash (the “Late Payment Amount”)⁽³⁾ ___________________________________ ^{(1) No representation is made as to the correctness or accuracy of the CUSIP numbers listed in this release or printed on the Existing Secured Notes. CUSIP numbers are provided solely for convenience.   (2) Holders of Existing Secured Notes that are accepted for exchange pursuant to the Exchange Offer will be entitled to receive accrued and unpaid interest in cash on the Existing Secured Notes exchanged for Exchange Notes up to, but excluding, March 12, 2024. Interest on the Exchange Notes will accrue from March 12, 2024, with the first interest payment occurring on August 15, 2024.   (3) No additional payment will be made for accrued and unpaid interest on Existing Secured Notes purchased and cancelled for the Early Payment Amount or the Late Payment Amount (together with the Early Payment Amount, the “Payment Amounts”), as applicable.}  

As of 5:00 p.m., New York City time, on March 28, 2024, the right to withdraw tenders of Existing Secured Notes expired. Accordingly, Existing Secured Notes tendered for exchange may not be validly withdrawn, unless required by applicable law, or the New Issuer determines in the future and in its sole discretion to permit withdrawal rights.