NEW YORK (Standard&Poor's) Oct. 28, 2004-- Standard&Poor's Ratings Services said today that it assigned its 'BB-' bank loan rating to Iron Mountain Inc.'s new $150 million term loan D due 2011. The amended credit facilities consist of a $350 million revolving credit facility due 2009, a $200 million term loan C due 2011, as well as the new $150 million term loan D. The outlook is stable. The rating is the same as the corporate credit rating. The proceeds from the new term loan D will be used to fund acquisitions. All existing ratings, including the 'BB-' corporate credit rating, were affirmed. Boston, Mass.-based Iron Mountain had total debt total outstanding of $2.34 billion at Sept.
