08:11 AM EDT, 04/29/2025 (MT Newswires) -- Exchange Income ( EIFZF ) on Tuesday increased its credit facility to $3 billion from $2.2 billion and extended its maturity date to April 30, 2029.
The company said the credit facility includes US$420 million allocated to EIIF Management USA, the continuation of the previously announced $200 million social loan tranche and $2.21 billion allocated to its Canadian Head Office.
"The upsize and extension of our credit facility now provides us with over $1 billion in liquidity to execute on strategic growth capital investments, enter new long-term aviation and aerospace contracts, and enhances our ability to complete accretive acquisitions," said Exchange Income ( EIFZF ) Chief Executive Mike Pyle.
Shares of the company closed up 0.7% to $50.74 on Monday on the Toronto Stock Exchange.