secwatch.observer — SEC 8-K summary
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Issuer:     IRON MOUNTAIN INC (IRM)
CIK:        0001020569
Form:       8-K
Filed at:   2021-12-16T23:59:59+00:00
Accession:  0001104659-21-150096
Event type: debt
Sentiment:  neutral
Materiality: 0.15
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Iron Mountain amends credit agreement to treat ITRenew as wholly-owned subsidiary for acquisition
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- Technical amendment allows ITRenew to be treated as wholly-owned despite Iron Mountain acquiring ~80% equity.
- No changes to maturity, amortization, events of default, or interest rate from the amendment.
- As of Sept 30, 2021, Iron Mountain had $310M revolver, $206M Term Loan A, and $674M Term Loan B outstanding.
- Amendment obtained on Dec 12, 2021, in connection with the ITRenew acquisition agreement dated Dec 10, 2021.
- Credit agreement terms unchanged except for the ITRenew treatment; standard procedural amendment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1020569/000110465921150096/0001104659-21-150096-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1020569/000110465921150096/tm2135513d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-150096

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