Iron Mountain eyes revolver draw to fund call for C$200 million notes

By Susanna Moon

Chicago, Aug. 4 – Iron Mountain Inc. said it plans to draw from its revolving credit facility to fund the notes redemption by wholly owned subsidiary Iron Mountain Canada Operations ULC.

Iron Mountain Canada called its C$200 million principal amount of 6 1/8% senior notes due 2021, according to a company announcement.

The notes will be redeemed on Aug. 15 at a redemption price of C$1,030.63 for each C$1,000.00 principal amount plus accrued interest to but excluding the redemption date.

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

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