CHICAGO–(BUSINESS WIRE)–Fitch Ratings has assigned a ‘BB+/RR1’ rating to Rackspace Hosting Inc.’s (Rackspace) repriced senior secured term loan B. Rackspace’s ‘BB-‘ Long-Term Issuer Default Rating (IDR) Outlook remains Positive. Fitch’s actions affect $3.5 billion of debt, including a $225 million secured revolving credit facility (RCF). A full list of ratings follows at the end of this release. Rackspace is repricing its term loan B shortly after having been acquired by private equity firm,
