Moody's rates Iron Mountain's new notes Ba3
Rating Action: Moody's rates Iron Mountain's new notes Ba3. Global Credit Research- 06 Sep 2017. New York, September 06, 2017-- Moody's Investors Service assigned a Ba3 rating to Iron Mountain Incorporated's new $750 million of senior notes maturing in 2027. All other ratings, including Iron Mountain's Ba3 Corporate Family Rating, and the stable rating outlook are not affected.Iron Mountain is a holding company. Through its subsidiaries, the company stores physical records and data backup media, providing information management solutions, and providing data center space for colocation and hyperscale deployments. The company's segments are: Global Records and Information Management Business, which provides records management, data management, information governance and digital solutions, secure shredding, and consumer storage; Global Data Center Business, which provides data center facilities; and Corporate and Other Business, which provides entertainment and media that helps industry clients store, safeguard and deliver physical media of various types.
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