09:59 AM EDT, 09/05/2025 (MT Newswires) -- Iron Mountain (IRM) said Friday that it has priced a 1.20 billion euros ($1.41 billion) offering of senior notes due 2034, upsizing the offering by 450 million euros from its earlier plan.

The company said the net proceeds will be used to redeem all of the outstanding 3.875% GBP senior notes due 2025, as well as to fund its general corporate requirements which included repaying its revolving credit facility.

The notes will be fully and unconditionally guaranteed by Iron Mountain's units, the company said.

Shares of the company were up 1.7% in recent Friday trading.

Price: 93.11, Change: +2.06, Percent Change: +2.26