NEW YORK (Standard&Poor's) March 6, 2002--Standard&Poor's said today that it had assigned its double-'B' rating to information management company Iron Mountain Inc.'s proposed $250 million senior secured credit facility. Proceeds of the issue will be used to refinance existing term facilities. Standard&Poor's corporate credit rating on the company is double-'B'-minus. The outlook is stable. Total debt at the company as of Dec. 31, 2001, was approximately $1.5 billion. Boston-based Iron Mountain is the global leader in records and information management, servicing more than 125,000 customer accounts in 80 U.S. and 44 global markets. "Iron Mountain's consistent operating performance is driven, in part, by a sizeable recurring revenue stream," said Standard&Poor's credit analyst
