tiprankstipranks
Exchange Income Corporation Finalizes Debenture Redemption
Company Announcements

Exchange Income Corporation Finalizes Debenture Redemption

Story Highlights

Exchange Income (TSE:EIF) has released an update.

Pick the best stocks and maximize your portfolio:

Exchange Income Corporation has successfully completed the redemption of its 7-year 5.35% convertible debentures, initially due in 2025. A significant portion of these debentures was converted into common shares before the redemption. This move aligns with the company’s acquisition-oriented strategy in aerospace, aviation, and manufacturing sectors.

For further insights into TSE:EIF stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskExchange Income Corporation Declares December Dividend
TheFlyExchange Income price target raised to C$69 from C$66 at CIBC
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App