Completes Sale of $1.0 Billion of 5-3/4% Senior Subordinated Notes
due 2024
BOSTON--(BUSINESS WIRE)--Aug. 10, 2012--
Iron
Mountain Incorporated (NYSE:IRM) announced today that it
successfully completed the sale of $1.0 billion in aggregate principal
amount of its 5-3/4% Senior Subordinated Notes due 2024. The Company has
also called for redemption all of the remaining $320 million in
aggregate principal amount outstanding of its 6-5/8% Senior Subordinated
Notes due 2016 (the “2016 Notes”) and $200 million in aggregate
principal amount outstanding of its 8-3/4% Senior Subordinated Notes due
2018 (the “2018 Notes”) in accordance with the Indenture governing these
notes. The redemption date for the 2016 Notes and the 2018 Notes will be
August 20, 2012. The 2016 Notes will be redeemed at a redemption price
of $1,000.00 for each $1,000 principal amount of notes redeemed, plus
accrued and unpaid interest to but excluding August 20, 2012. The 2018
Notes will be redeemed at a redemption price of $1,029.17 for each
$1,000 principal amount of notes redeemed, plus accrued and unpaid
interest to but excluding August 20, 2012.
This announcement does not constitute a notice of redemption for either
the 2016 Notes or the 2018 Notes. The formal notices of redemption are
being provided separately in accordance with the terms of the Indenture
governing the notes.
About Iron Mountain
Iron Mountain Incorporated (NYSE: IRM) provides information management
services that help organizations lower the costs, risks and
inefficiencies of managing their physical and digital data. The
Company’s solutions enable customers to protect and better use their
information—regardless of its format, location or lifecycle stage—so
they can optimize their business and ensure proper recovery, compliance
and discovery. Founded in 1951, Iron Mountain manages billions of
information assets, including business records, electronic files,
medical data, emails and more for organizations around the world. Visit www.ironmountain.com
for more information.
Source: Iron Mountain Incorporated
Iron Mountain Incorporated
Stephen P. Golden, 617-535-4766
Vice
President, Investor Relations
sgolden@ironmountain.com