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Published on 8/13/2013 in the Prospect News Canadian Bonds Daily, Prospect News High Yield Daily and Prospect News Liability Management Daily.

Iron Mountain calls all 8% notes due 2018, 2020, 7½% notes due 2017

By Tali David

Minneapolis, Aug. 13 - Iron Mountain Inc. called all of the remaining $50 million of its 8% senior subordinated notes due 2018, $300 million of its 8% senior subordinated notes due 2020 and C$175 million of Iron Mountain Canada Operations ULC's 7½% senior subordinated notes due 2017, according to a press release.

The notes will be redeemed on Aug. 23.

The 2018 notes will be redeemed at $1,026.67 for each $1,000 principal amount plus accrued interest, and the 2020 notes will be redeemed at $1,040.00 for each $1,000 principal amount plus accrued interest. The 2017 notes will be redeemed at C$1,025.00 for each C$1,000 principal amount plus accrued interest.

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


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