Related Deals
Related Parents
Related Issuers
by Stephen Carter
Jun 15, 2026 2:58 PM ET
Iron Mountain Inc (IRM) $1.5bn (up from $1bn) 144A/Reg S sr notes due 01/15/35 (8.5y). NC3 (MWC T+50bp) (50%,25%,par). Equity claw: 3y 40%. (Existing Ba3)/BB- (stable/stable). Via WFS/Barc/JPM/Miz/PNC jt lead books/BofA/BNP/Citizens/CA/GS/MS/ MUFG/M&T/SMBC/TSI/UBS jt books, CapOne, Huntington, Synovus, TD as co-mangers. No reg rights. CoC at 101. Denoms: 2kx1k. Settles (T+8). Investment grade covenant package. IPT: mid 6s. Price talk: 6.25%-6.375%. $500m upsize to repay the full $1.285bn drawn on it revolver and GCP.
Launched: $1.5bn at 6.25%.
Did investor call at 11am 06/15. Books closed at 2pm 06/15. Reconfirms were due by 2:45pm 06/15. Pricing 06/15 afternoon. UOP: pay down the full amount (up from $988m) of the $1.285bn drawn on its revolver, GCP ($500m upsize to repay the full $1.285bn drawn on it revolver, and GCP). Biz: record and data storage and information management services. HQ: Portsmouth, NH.
Netroadshow direct link: https://www.netroadshow.com/events/login/1PeTHmohEhqgo0xiYCQIZIFTvOU7his3MB58C.