BOSTON--(BUSINESS WIRE)--
Iron
Mountain Incorporated (NYSE: IRM), the storage and information
management services company, announced that it has called for redemption
$306 million of the aggregate principal amount outstanding of its $412
million 8-3/8% Senior Subordinated Notes due 2021 (the “2021 Notes”), in
accordance with the Indenture governing these notes. The redemption date
for the 2021 Notes will be December 30, 2014. The 2021 Notes will be
redeemed at a redemption price of $1,041.88 for each $1,000 principal
amount of notes redeemed, plus accrued and unpaid interest to but
excluding December 30, 2014. The Company expects to draw U.S. Dollars
under its revolving credit facility to finance the redemption.
This announcement does not constitute a notice of redemption for any of
the 2021 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) is a leading provider of storage and information management
services. The company’s real estate network of more than 67 million
square feet across more than 1,000 facilities in 36 countries allows it
to serve customers around the world. And its solutions for records
management, data
management, document
management, and secure
shredding help organizations to lower storage costs, comply with
regulations, recover from disaster, and better use their information.
Founded in 1951, Iron Mountain stores and protects billions of
information assets, including business documents, backup tapes,
electronic files and medical data. Visit www.ironmountain.com
for more information.
Source: Iron Mountain