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Iron Mountain seeks $1 billion through new senior notes offering
The proposed 2035 notes would be used primarily to reduce borrowings under the company's revolving credit facility, following a quarter in which revenue and earnings rose sharply.
By João Marques Lima
Founder and Editor, The Tech Capital
3 Mins
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Iron Mountain (NYSE: IRM) has announced plans to raise US$1 billion through a proposed offering of senior notes due 2035, as the information management and data centre operator looks to refinance part of its existing debt and support broader corporate funding requirements.
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