Exchange Income Corporation Announces Early Redemption of 7 Year 5.35% Debentures Due June 30, 2025
WINNIPEG, Manitoba — Exchange Income Corporation (“EIC” or the “Corporation”) (TSX: EIF) announced today that it has delivered notice to the holders of the Corporation’s outstanding 7 Year 5.35% Convertible Unsecured Subordinated Debentures due June 30, 2025 (the “Debentures”) that pursuant to Section 4.2 of the trust indenture governing the Debentures dated June 26, 2018 (the “Trust Indenture”), the Corporation will, effective December 20, 2024 (the “Redemption Date”), redeem all issued and outstanding Debentures, plus accrued interest thereon.
14 Nov 00:00 · Financial Post