TSX:EIFAirlines
Is Exchange Income’s Bigger Unsecured Credit Facility Reshaping Its Investment Case (TSX:EIF)?
Exchange Income Corporation recently closed a new C$3.50 billions unsecured credit facility, increasing its size by C$0.50 billions, extending maturity to January 26, 2030, and replacing its previous secured arrangement.
This larger and more flexible lending syndicate, spanning multiple Canadian and international banks, potentially broadens Exchange Income’s financial toolkit for future corporate purposes.
We’ll now look at how the expanded, unsecured C$3.50 billions credit facility could...