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8-K filed December 28, 2023, 6:59 PM ET ticker IRM CIK 0001020569
debt confidence high sentiment neutral materiality 0.60

Iron Mountain issues $1.2B incremental term B loans due 2031

IRON MOUNTAIN INC

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

IRON MOUNTAIN INC amended Amendment No. 1 to the Credit Agreement with JPMorgan Chase Bank, N.A. valued at $1.2 billion incremental term loan Bs at SOFR+2.25% or base+1.25% (effective 2023-12-28).

Action
amendment
Agreement
credit facility
Counterparty
JPMorgan Chase Bank, N.A.
Value
$1.2 billion incremental term loan Bs at SOFR+2.25% or base+1.25%
Effective
2023-12-28
Exact text from the filing
On December 28, 2023, Iron Mountain Incorporated (the “ Company ”), Iron Mountain Information Management, LLC (“ IMIM ”), and certain other subsidiaries of the Company entered into an Amendment No. 1 (the “ Amendment ”) to the Company’s Credit Agreement, dated as of June 27, 2011 (as previously amended, restated, amended and restated, supplemented or otherwise modified from time to time, the “ Credit Agreement ”), by and among, inter alia, the Company, IMIM, the other borrowers party thereto, the lenders party thereto, JPMorgan Chase Bank, N.A., as the administrative agent, and JPMorgan Chase Bank, N.A., Toronto Branch, as Canadian administrative agent. Pursuant to the Amendment, IMIM incurred incremental term loan Bs in an aggregate principal amount of $1.2 billion (the “ New Incremental Term B Facility ”).
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Source: SEC EDGAR
accession 0001104659-23-130107
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