Iron Mountain to redeem senior notes due 2023, 2025, 2026

By Taylor Fox

New York, Aug. 10 – Iron Mountain Inc. intends to redeem all C$250 million aggregate principal amount of its 5 3/8% senior notes due 2023 issued by its subsidiary, Iron Mountain Canada Operations ULC; all €300 million aggregate principal amount of its 3% senior notes due 2025; and all $250 million aggregate principal amount of its 5 3/8% senior notes due 2026 issued by its subsidiary, Iron Mountain US Holdings, Inc., according to a news release.

All redemptions will be funded by Iron Mountain’s offering by way of a private placement of a total of $850 million aggregate principal amount of senior notes due 2031.

Iron Mountain is a Boston-based storage and information management services company.

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