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Iron Mountain Prices $550 Million Of Senior Notes

August 6, 2009 (FinancialWire) — Iron Mountain Inc. (NYSE: IRM) has priced a public offering of $550 million in aggregate principal amount of its 8-3/8% senior subordinated notes due 2021. Barclays Capital (NYSE: BCS), Banc of America Securities (NYSE: BAC), J.P. Morgan Securities (NYSE: JPM), and Scotia Capital are joint bookrunning managers.

The notes will be sold at 99.625% of par. Iron Mountain plans to use the net proceeds 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.

Boston-based Iron Mountain offers records management and data protection solutions. The company has clients throughout North America, Europe, Latin America and Asia Pacific.

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