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Iron Mountain to offer $1.8 billion senior notes due 2028, 2030
By Marisa Wong
Los Angeles, June 17 – Iron Mountain Inc. is proposing an offering of $500 million of senior notes due 2028 and $1.3 billion of senior notes due 2030, according to a press release.
The Rule 144A and Regulation S notes (BB-) will be guaranteed by the company’s subsidiaries.
Proceeds will be used to repay outstanding borrowings under the company’s revolving credit facility and to redeem all $500 million of its 4 3/8% senior notes due 2021 and all $1 billion of its 5¾% senior subordinated notes due 2024.
Iron Mountain is a Boston-based storage and information management services company.
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