Iron Mountain calls $306 million of 8 3/8% senior subordinated notes

By Tali Rackner

Norfolk, Va., Dec. 16 – Iron Mountain Inc. called $306 million of its 8 3/8% senior subordinated notes due 2021, according to a press release.

The notes will be redeemed at $1,041.88 for each $1,000 principal amount plus accrued interest up to, but excluding, the redemption date of Dec. 30.

Following the redemption, $106 million will remain outstanding under the issue.

The company expects to draw under its revolving credit facility to finance the redemption.

Iron Mountain is a Boston-based information management services provider.

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