Completes Sale of $550 Million of 8-3/8% Senior Subordinated Notes
due 2021
BOSTON--(BUSINESS WIRE)--Aug. 10, 2009--
Iron
Mountain Incorporated (NYSE:IRM), the global leader in information
protection and storage services, announced today that it successfully
completed the sale of $550 million in aggregate principal amount of its
8-3/8% Senior Subordinated Notes due 2021 and has called for redemption
all of the remaining $448 million aggregate principal amount outstanding
of its 8-5/8% Senior Subordinated Notes due 2013 in accordance with the
Indenture governing the Notes. The redemption date for the Notes will be
September 9, 2009 at a redemption price of $1,000.00 for each $1,000
principal amount of Notes redeemed, plus accrued and unpaid interest to
September 9, 2009. This announcement does not constitute a notice of
redemption of the 8-5/8% notes. The formal notice of redemption is being
provided separately in accordance with the terms of the Indenture
governing the 8-5/8% notes.
About Iron Mountain
Iron Mountain Incorporated (NYSE:IRM) helps organizations around the
world reduce the costs and risks associated with information protection
and storage. The Company offers comprehensive records management and
data protection solutions, along with the expertise and experience to
address complex information challenges such as rising storage costs,
litigation, regulatory compliance and disaster recovery. Founded in
1951, Iron Mountain is a trusted partner to more than 120,000 corporate
clients throughout North America, Europe, Latin America and Asia
Pacific. For more information, visit the Company’s Web site at www.ironmountain.com.
Source: Iron Mountain Incorporated
Iron Mountain Incorporated
Stephen P. Golden, 617-535-4766
Vice
President, Investor Relations
sgolden@ironmountain.com