(Bloomberg) -- Rackspace Technology Inc. is nearing a restructuring deal with creditors that would hand it fresh cash, reduce its debt and rework the line for creditor repayments, according to people with knowledge of the situation. Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Traders Bracing for Worst Shrug Off Hot CPI: Markets WrapUS Core Inflation Tops Forecasts Again, Reinforcing Fed CautionChina Has Never Canceled This Many Shipments of US Whea