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Company News Summary

Iron Mountain Announces Conditional Redemption of All 6.000% Senior Notes due 2020

08 Sep 2017  |  08:44:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Conditional Redemption of all 6.000% Senior Notes due 2020

Iron Mountain Incorporated announced that it has conditionally called for redemption all of the outstanding $1bn aggregate principal amount of the Company's 6.000% Senior Notes due 2020 (the Notes due 2020) in accordance with the indenture governing the Notes due 2020. The redemption of the Notes due 2020 is conditioned upon completion of the offering of the Company's 4.875% Notes due 2027 (the New Notes) priced earlier (the Redemption Condition). The redemption date for the Notes due 2020 provided in the notice of redemption is 18 September 2017 (the Redemption Date), provided that the Redemption Date for the Notes due in 2020 may be extended by the Company pending satisfaction of the Redemption Condition.

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