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Iron Mountain calls $200 million of $431 million 7¾% notes due 2015
By Marisa Wong
Madison, Wis., Aug. 5 - Iron Mountain Inc. said it will redeem $200 million of its $431 million of outstanding 7¾% senior subordinated notes due 2015.
The notes will be redeemed Sept. 7 at a price of $1,012.92 for each $1,000 principal amount of notes plus accrued interest up to the redemption date.
The company said it will use cash on hand to fund the redemption.
After the partial redemption, $231 million principal amount of the notes will remain outstanding.
Based in Boston, Iron Mountain provides information management services.
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