Iron Mountain to repay revolving credit facility via note offering

By Tali Rackner

Minneapolis, May 16 – Iron Mountain Inc. plans to repay outstanding borrowings under its revolving credit facility using the proceeds from a new note offering, according to a press release.

The company announced on Tuesday a private placement of €300 million of senior notes due 2025. The notes will be fully and unconditionally guaranteed by its subsidiaries that guarantee each series of its existing notes.

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

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