secwatch.observer — SEC 8-K summary
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Issuer:     IRON MOUNTAIN INC (IRM)
CIK:        0001020569
Form:       8-K
Filed at:   2024-07-03T23:59:59+00:00
Accession:  0001104659-24-077755
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Iron Mountain refines $1.86B credit facility, cuts margin on 2031 Term B Loans
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- Entered Amendment No. 3 to Credit Agreement on July 2, 2024, refinancing existing term loans.
- Reduced interest margin on $1.81B Amended 2031 Term B Loans to SOFR + 2.00% flat.
- Extended maturity of a portion of Existing 2026 Term B Loans into 2031 fungible class.
- Issued $253.4M new incremental term B loans; proceeds used to prepay 2026 loans.
- Total outstanding borrowings under amended facility: $1.86B as of July 2, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1020569/000110465924077755/0001104659-24-077755-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1020569/000110465924077755/tm2418793d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-077755

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