Apollo-Backed Rackspace Loan Jumps on AMD Data Center Deal

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Bloomberg Technology 22 hours ago • bloomberg.com

Apollo-Backed Rackspace Loan Jumps on AMD Data Center Deal

Rackspace Technology Inc., a cloud-computing services company backed by Apollo Global Management Inc., saw its $1.6 billion loan jump after it signed a data center deal with Advanced Micro Devices Inc., extending a rally…

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