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Iron Mountain launches $1B debt offering

May 10, 2023 9:28 AM ETIron Mountain Incorporated (IRM) StockBy: Niloofer Shaikh, SA News Editor2 Comments
Iron Mountain

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  • Iron Mountain Incorporated (NYSE:IRM) to issue $1B of senior notes due 2029 in a private placement.
  • Net proceeds from the offering will be used to repay a portion of the outstanding borrowings under the company’s revolving credit facility.
  • The exact terms of the notes and timing have yet to be determined.
  • Press release
  • Learn why, IRM is at high risk of performing badly.

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