Iron Mountain Has Priced a Public Offering of $550 million
In aggregate principal amount of senior subordinated notes due 2021
This is a Press Release edited by StorageNewsletter.com on August 10, 2009 at 4:01 pmIron Mountain Incorporated has priced a public offering of $550 million in aggregate principal amount of its 8-3/8% Senior Subordinated Notes due 2021. The notes will be sold at 99.625% of par. The Company intends to use the net proceeds from the offering for the redemption of all its outstanding 8-5/8% Senior Subordinated Notes due 2013, the possible repayment, repurchase or retirement of other indebtedness and for general corporate purposes, including potential future acquisitions and investments. The closing of the offering is expected to occur on August 10, 2009 and is subject to customary closing conditions.
Barclays Capital Inc., Banc of America Securities LLC, J.P. Morgan Securities Inc., and Scotia Capital (USA) Inc. are joint book-running managers for the offering.
Iron Mountain Incorporated is making the offering under a shelf registration statement previously declared effective by the Securities and Exchange Commission. This offering is being made solely by means of a prospectus. A copy of the prospectus supplement and related base prospectus for the offering may be obtained on the SEC Web site.