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Iron Mountain Prices Upsized Offering Of Total Of €1.2B Aggregate Principal Amount Of Its 4.75% Senior Notes Due 2034
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Iron Mountain Incorporated (NYSE:IRM) (the "Company"), a global leader in information management services, today announced that it has priced an upsized offering of a total of €1.2 billion aggregate principal amount of its 4.75% Senior Notes due 2034 (the "Notes"). This represents an increase of €450.0 million in the combined aggregate principal amount of the Notes, from the previously announced amount of €750.0 million. The Notes will be fully and unconditionally guaranteed by the Company's subsidiaries that are obligors under each series of its existing notes. The Company intends to use the net proceeds from the offering of the Notes to redeem all of the outstanding 3.875% GBP Senior Notes due 2025 (the "2025 GBP Senior Notes") and for general corporate purposes, including repayment of all or a portion of the amounts outstanding under the Company's revolving credit facility and to pay related fees and expenses.


 

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