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Iron Mountain Amends Credit Agreement for Financial Stability

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Iron Mountain Amends Credit Agreement for Financial Stability

Confident Investing Starts Here:

Iron Mountain ( (IRM) ) just unveiled an update.

On June 18, 2025, Iron Mountain Incorporated and its subsidiaries amended their Credit Agreement, initially established in 2011, to adjust the amortization schedule of their 2022 Term A Loans and secure additional term loans totaling $286,718,750. This amendment aims to optimize the company’s financial structure by reducing borrowings under its revolving credit facility, maintaining the core terms of the original agreement, and ensuring continued financial stability with $500 million in outstanding borrowings post-amendment.

The most recent analyst rating on (IRM) stock is a Buy with a $121.00 price target. To see the full list of analyst forecasts on Iron Mountain stock, see the IRM Stock Forecast page.

Spark’s Take on IRM Stock

According to Spark, TipRanks’ AI Analyst, IRM is a Neutral.

Iron Mountain’s strong financial performance and positive earnings call outlook are tempered by valuation concerns and financial risks such as high leverage and negative equity. While technical indicators suggest short-term momentum, potential overvaluation and liquidity concerns present risks.

To see Spark’s full report on IRM stock, click here.

More about Iron Mountain

Iron Mountain Incorporated operates in the information management industry, providing services such as records management, data backup and recovery, and secure shredding. The company focuses on helping organizations manage and protect their information.

Average Trading Volume: 1,691,190

Technical Sentiment Signal: Strong Buy

Current Market Cap: $30.29B

See more data about IRM stock on TipRanks’ Stock Analysis page.

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