Iron Mountain adds $435 million for $500 million debt, preferred, stock, warrant shelf

New York, Dec. 14 - Iron Mountain Inc. added $435 million to its shelf registration with the Securities and Exchange Commission for total availability of $500 million of debt securities, preferred stock, trust preferreds, depositary shares, common stock and warrants. Securities can be issued as convertibles.

The Boston, Mass. records and information management company said it would use proceeds for general corporate purposes, which may include acquisitions, investments and repayment of debt, including bank debt.

For the nine months to Sept. 30, 2001, Iron Mountain had an earnings to fixed charge ratio of 0.9 times, the same as for all of 2000.

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