|
The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
JPMorgan Chase Agents $547MM Increase to Iron Mountain’s Credit Agreement
|
Lenders/Participants
|
JPMorgan Chase Bank [Administrative Agent]
JPMorgan Chase Bank, N.A. Toronto Branch [Administrative Agent]
|
|
Structure
|
$547MM Credit Facility Increase
|
|
Amount
|
$547.000
Million
|
|
Borrower(s)
|
Iron Mountain
|
|
Description
|
Key updates to the credit agreement include: Increases total revolving credit facility size to $2,250 million from $1,750 million; Increases term loan A to $250 million from $203 million; Extends the maturity date of the revolving credit facility and term loan A to March 2027 from June 2023; Increases maximum net total lease adjusted leverage ratio by 0.5x to 7.0x.
|
|
Industry
|
Specialty Industries
|
| Related Tags |
Iron Mountain, JPMorgan Chase Bank
|
ABL Advisor
Deal Tables
2025
|
|
|
|