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Published on 9/24/2015 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Iron Mountain plans to redeem 6¾% euro notes, 7¾% notes, 8 3/8% notes

By Susanna Moon

Chicago, Sept. 24 – Iron Mountain Inc. said it plans to redeem its outstanding 6¾% euro senior subordinated notes due 2018, 7¾% senior subordinated notes due 2019 and 8 3/8% senior subordinated notes due 2021.

Proceeds for the redemption will come from a proposed private offering of $800 million principal amount of senior notes due 2020.

The company also plans to draw under its revolving credit facility to redeem the notes, according to a press release.

Iron Mountain is based in Boston and provides information management services.


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