---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-130107"
form_type: "8-K"
ticker: "IRM"
cik: "0001020569"
company_name: "IRON MOUNTAIN INC"
filed_at: "2023-12-28T23:59:59+00:00"
generated_at: "2026-06-07T06:13:31.009224+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Incurred $1.2 billion incremental term B facility, matures Jan 2031, interest at SOFR+2.25% or base+1.25%.
- Proceeds used for working capital, general corporate purposes, and to repay outstanding revolving loans.
- Post-funding, revolver $0, term A $231M, existing term B $661M, new term B $1.2B.
- 1.00% prepayment premium applies if repriced or repaid within six months.

## SEC filing metadata
- accession: 0001104659-23-130107
- form_type: 8-K
- ticker: IRM
- cik: 0001020569
- company_name: IRON MOUNTAIN INC
- filed_at: 2023-12-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1020569/000110465923130107/0001104659-23-130107-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1020569/000110465923130107/tm2333763d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-130107
- JSON: https://secwatch.observer/filing/0001104659-23-130107.json
- Plain text: https://secwatch.observer/filing/0001104659-23-130107.txt

## Key facts
- Material Agreements
  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
  source text: 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 ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1020569/000110465923130107/0001104659-23-130107-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.