Rackspace Technology Global, Inc. — Moody’s assigns B1 to Rackspace’s new term loan

Rating Action: Moody’s assigns B1 to Rackspace’s new term loan

Global Credit Research – 26 Jan 2021

New York, January 26, 2021 — Moody’s Investors Service (Moody’s) has assigned a B1 rating to Rackspace Technology Global, Inc.’s (Rackspace) proposed $2.2 billion seven-year senior secured term loan B. The net proceeds from the proposed term loan issuance will be used in conjunction with other secured debt to fully refinance the company’s existing $2.8 billion term loan B due 2023. All other ratings including the company’s B2 corporate family rating (CFR) and stable outlook are unchanged.

Assignments:

..Issuer: Rackspace Technology Global, Inc.

….Senior Secured Bank Credit Facility, Assigned B1 (LGD3)

RATINGS RATIONALE

Rackspace’s B2 CFR reflects its high but moderately decreasing leverage, intensely competitive end markets which include large multi-national providers and risks to sustainability of business model evolution despite turnaround evidence and solid growth over recent quarters. The rating is also

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Insights on the Semiconductor Memory Global Market to 2026 – Featuring Samsung Electronics, Taiwan Semiconductor and Micron Technology Among Others | News

DUBLIN, May 6, 2021 /PRNewswire/ — The “Global Semiconductor Memory Market, By Type (Volatile and Non-Volatile), By Volatile Type (DRAM, SRAM, SDRAM and MRAM), By Non-Volatile Type (PROM, EPROM, EEPROM and Flash Memory), By Application, By Region, Competition, Forecast & Opportunities, 2016-2026” report has been added to ResearchAndMarkets.com‘s offering.

The Global Semiconductor Memory Market stood at USD110.30 billion in 2020 and is forecast to grow at a CAGR of over 7.02% by 2026 due to rising memory requirements in the gaming, automobile, healthcare and telecommunication sectors. The growth in the market can be attributed to new technological advancements in portable memory-based electronics in the forecast years.

The Global Semiconductor Memory Market can be bifurcated into type, volatile type, non-volatile type, application and region. On the basis of type, the market can be segmented as volatile and non-volatile, where the non-volatile segment held market share of 50.61% in 2020,

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Rackspace Technology, Inc. Files Registration Statement for Proposed Initial Public Offering

SAN ANTONIO–(BUSINESS WIRE)–Rackspace Technology, Inc. (“Rackspace Technology”) today announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to the proposed initial public offering of its common stock. Rackspace Technology has applied for listing its common stock on the Nasdaq Global Select Market under the ticker symbol “RXT”. The number of shares to be offered and the price range for Car Accident Lawyer in Indianapolis the proposed offering have not yet been determined.

Goldman Sachs & Co. LLC, Citigroup Global Markets Inc. and J.P. Morgan Securities LLC are serving as joint lead book-running managers and as representatives of the underwriters for the proposed offering. RBC Capital Markets, LLC and Evercore Group L.L.C. are also serving as book-running managers for the proposed offering. Barclays Capital Inc., BMO Capital Markets Corp., Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc. and HSBC Securities (USA)

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Jobs, Career, Salary And Training Data

Make investments time in unpaid advertising and marketing strategies to boost your business. Site visitors Evaluation is completed to find out the standard of traffic to and from the web site. We use highly effective automated instruments like Google Analytics, Google Search Console, etc. Software developers can find jobs in many kinds of corporations throughout a number of industries. Graduates of computer science packages could choose to work in a big tech company or set their sights on small startups. Some developers even work independently as freelancers.

Bear in mind, the purpose with WEB OPTIMIZATION is just not about getting random people to go to your web site – it’s about getting people who are searching for what you must offer to go to your website as an alternative of another person’s. So, the secret is to concentrate on possibly one or two keywords first, after which target extra key … Read More

You are most welcome to the world of property buying!!

As we can see we are living in the 21st century and we can fulfill all our needs and desire. First of all, in the 21st century, we should thank the technological world which has provided us such an innovative way to use the Internet. With the help of the Internet, our work is almost done. As we can see that through the Internet and online business you can solve various types of problems. The problem being faced by a human in this pandemic situation of COVID-19 the only solution is being Solved is through the Internet. So in this article, we will be discussing the property buying company.

How to buy a property?

When we talk about the property buying company which is situated in UK London then definitely we can say that buying property is not a difficult task they will guide you with proper guidance. … Read More

Why Is Align Technology (ALGN) Down 0.6% Since Last Earnings Report?

A month has gone by since the last earnings report for Align Technology (ALGN). Shares have lost about 0.6% in that time frame, underperforming the S&P 500.

Will the recent negative trend continue leading up to its next earnings release, or is Align Technology due for a breakout? Before we dive into how investors and analysts have reacted as of late, let’s take a quick look at the most recent earnings report in order to get a better handle on the important drivers.

Align Technology Earnings Fall Shy of Estimates in Q2

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