Iron Mountain Inc., founded in 1951 and headquartered in Boston, Massachusetts, is a global leader in information management services. The company is dedicated to preserving and safeguarding physical and digital information for organizations, offering a wide range of solutions including secure document storage, data backup and recovery, and secure shredding services.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Iron Mountain has actively engaged in the bond market since the early 2000s, with significant issuances that have helped fund its expansion and acquisitions. Notably, in 2020, it issued $1 billion in senior unsecured notes to refinance existing debt and support its growth strategy. As of October 2023, its bonds yield approximately 4.5%, slightly below the industry average, reflecting a strong credit profile. The company’s recent bond offerings have included features such as call options, allowing for strategic refinancing opportunities as market conditions evolve.