secwatch.observer — SEC 8-K summary
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Issuer:     IRON MOUNTAIN INC (IRM)
CIK:        0001020569
Form:       8-K
Filed at:   2023-12-28T23:59:59+00:00
Accession:  0001104659-23-130107
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1020569/000110465923130107/0001104659-23-130107-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1020569/000110465923130107/tm2333763d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-130107

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