Iron Mountain Australia to repay revolver via new term B facility

By Tali Rackner

Norfolk, Va., Sept. 28 – Iron Mountain Australia Group Pty. Ltd. plans to repay outstanding amounts under Iron Mountain Inc.’s existing revolving credit facility with the proceeds from a new A$250 million syndicated term loan B facility maturing in September 2022, according to a press release.

Proceeds will also be used for general corporate purposes.

Barclays, Credit Agricole Securities (USA) Inc. and HSBC Bank Australia Ltd. are joint lead arrangers.

Iron Mountain Australia is a wholly owned subsidiary of Iron Mountain Inc., a Boston-based provider of information management services.

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