Iron Mountain Incorporated (NYSE: IRM), the storage and information management services company, announced that it has called for redemption $306 million of the aggregate principal amount outstanding of its $412 million 8-3/8% Senior Subordinated Notes due 2021 (the “2021 Notes”), in accordance with the Indenture governing these notes. The redemption date for the 2021 Notes will be December 30, 2014. The 2021 Notes will be redeemed at a redemption price of $1,041.88 for each $1,000 principal amount of notes redeemed, plus accrued and unpaid interest to but excluding December 30, 2014. The Company expects to draw U.S. Dollars under its revolving credit facility to finance the redemption.
This announcement does not constitute a notice of redemption for any of the 2021 Notes. The formal notices of redemption are being provided separately in accordance with the terms of the Indenture governing the notes.
About Iron Mountain
Iron Mountain Incorporated (NYSE:
IRM) is a leading provider of storage and information management
services. The company’s real estate network of more than 67 million
square feet across more than 1,000 facilities in 36 countries allows it
to serve customers around the world. And its solutions for records
management, data
management, document
management, and secure
shredding help organizations to lower storage costs, comply with
regulations, recover from disaster, and better use their information.
Founded in 1951, Iron Mountain stores and protects billions of
information assets, including business documents, backup tapes,
electronic files and medical data. Visit www.ironmountain.com
for more information.
Contacts:
Investor Relations Contacts:
Melissa
Marsden, 617-535-8595
Senior Vice President, Investor Relations
melissa.marsden@ironmountain.com
or
Faten
Freiha, 617-535-8404
Director, Investor Relations
faten.freiha@ironmountain.com